Eastern Asia: Book Folding Machine Market 2025

Book Folding Machine Market Size in Eastern Asia

After four years of growth, the East Asian book folding machine market decreased by -36.8% to $X in 2022. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2021, and then shrank remarkably in the following year.

Book Folding Machine Production in Eastern Asia

In value terms, book folding machine production reduced modestly to $X in 2022 estimated in export price. In general, production showed a perceptible downturn. The pace of growth was the most pronounced in 2016 with an increase of 7.1% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Book Folding Machine Exports

Exports in Eastern Asia

In 2022, book folding machine exports in Eastern Asia soared to X units, picking up by 30% against the year before. The total export volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, book folding machine exports fell to $X in 2022. Overall, exports, however, continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units) and Japan (X units) dominates exports structure, together creating 86% of total exports. It was distantly followed by Taiwan (Chinese) (X units), creating a 9.5% share of total exports. South Korea (X units) and Hong Kong SAR (X units) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +16.2%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest book folding machine supplying countries in Eastern Asia were Japan ($X), China ($X) and Taiwan (Chinese) ($X), with a combined 91% share of total exports.

In terms of the main exporting countries, Taiwan (Chinese), with a CAGR of +4.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, reducing by -27.1% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2016 an increase of 19%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a 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 Hong Kong SAR ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.4%), while the other leaders experienced more modest paces of growth.

Book Folding Machine Imports

Imports in Eastern Asia

After six years of growth, supplies from abroad of folding machines for books decreased by -22.3% to X units in 2022. In general, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 66%. The volume of import peaked at X units in 2021, and then declined notably in the following year.

In value terms, book folding machine imports shrank markedly to $X in 2022. Over the period under review, imports showed a perceptible decrease. The pace of growth appeared the most rapid in 2018 with an increase of 29%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China prevails in imports structure, amounting to X units, which was approx. 84% of total imports in 2022. It was distantly followed by South Korea (X units), constituting a 7.5% share of total imports. The following importers - Hong Kong SAR (X units), Japan (X units) and Taiwan (Chinese) (X units) - together made up 7.8% of total imports.

China was also the fastest-growing in terms of the folding machines for books imports, with a CAGR of +14.6% from 2012 to 2022. South Korea (-4.2%), Hong Kong SAR (-5.3%), Taiwan (Chinese) (-7.0%) and Japan (-7.2%) illustrated a downward trend over the same period. While the share of China (+40 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Taiwan (Chinese) (-5.9 p.p.), Hong Kong SAR (-8.3 p.p.), Japan (-9.2 p.p.) and South Korea (-16.5 p.p.) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported folding machines for books in Eastern Asia, comprising 51% of total imports. The second position in the ranking was taken by South Korea ($X), with an 18% share of total imports. It was followed by Japan, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to -4.5%. In the other countries, the average annual rates were as follows: South Korea (-2.1% per year) and Japan (-7.5% per year).

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, dropping by -22.1% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 3.1% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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 South Korea (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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