Eastern Asia: Reel Cutting Slitter Market 2025

Reel Cutting Slitter Market Size in Eastern Asia

In 2022, the East Asian reel cutting slitter market increased by 33% to $X for the first time since 2016, thus ending a five-year declining trend. Over the period under review, consumption, however, recorded a abrupt contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Reel Cutting Slitter Production in Eastern Asia

In value terms, reel cutting slitter production amounted to $X in 2022 estimated in export price. In general, production, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by 5.3% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Reel Cutting Slitter Exports

Exports in Eastern Asia

After five years of growth, shipments abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -8.9% to X units in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 when exports increased by 32% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then shrank in the following year.

In value terms, reel cutting slitter exports contracted to $X in 2022. Total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +8.8% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 28%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China prevails in exports structure, amounting to X units, which was approx. 87% of total exports in 2022. It was distantly followed by Taiwan (Chinese) (X units), achieving a 7.1% share of total exports. The following exporters - Japan (X units) and South Korea (X units) - each accounted for a 6.1% share of total exports.

China was also the fastest-growing in terms of the combined reel slitting and re-reeling cutting machines for paper and paperboard exports, with a CAGR of +21.8% from 2012 to 2022. At the same time, South Korea (+1.3%) displayed positive paces of growth. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Japan (-7.4%) illustrated a downward trend over the same period. China (+45 p.p.) significantly strengthened its position in terms of the total exports, while South Korea, Taiwan (Chinese) and Japan saw its share reduced by -6.1%, -15.8% and -20.2% from 2012 to 2022, respectively.

In value terms, China ($X) remains the largest reel cutting slitter supplier in Eastern Asia, comprising 77% of total exports. The second position in the ranking was taken by Japan ($X), with a 9.1% share of total exports. It was followed by Taiwan (Chinese), with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +10.7%. In the other countries, the average annual rates were as follows: Japan (-1.7% per year) and Taiwan (Chinese) (+2.0% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, shrinking by -6.3% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2015 when the export price increased by 4%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.2%), while the other leaders experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports in Eastern Asia

For the third year in a row, Eastern Asia recorded growth in supplies from abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard, which increased by 5.8% to X units in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 49%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, reel cutting slitter imports declined dramatically to $X in 2022. Overall, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 37%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) represented the key importer of combined reel slitting and re-reeling cutting machines for paper and paperboard, comprising 67% of total imports. South Korea (X units) held a 17% share (based on physical terms) of total imports, which put it in second place, followed by Japan (9.4%) and Taiwan (Chinese) (6.3%).

China experienced a relatively flat trend pattern with regard to volume of imports of combined reel slitting and re-reeling cutting machines for paper and paperboard. At the same time, South Korea (+5.6%) and Taiwan (Chinese) (+1.9%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +5.6% from 2012-2022. By contrast, Japan (-4.0%) illustrated a downward trend over the same period. While the share of South Korea (+7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Japan (-4.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported combined reel slitting and re-reeling cutting machines for paper and paperboard in Eastern Asia, comprising 47% of total imports. The second position in the ranking was held by Japan ($X), with a 21% share of total imports. It was followed by South Korea, with a 20% share.

From 2012 to 2022, the average annual growth rate of value in China stood at -9.5%. In the other countries, the average annual rates were as follows: Japan (-5.6% per year) and South Korea (-2.2% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, with a decrease of -34% against the previous year. In general, the import price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2014 when the import price increased by 10% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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