Eastern Asia: Cellulose Pulp Machinery Market 2025

Cellulose Pulp Machinery Market Size in Eastern Asia

After four years of decline, the East Asian cellulose pulp machinery market increased by 2.3% to $X in 2022. Overall, consumption, however, continues to indicate a deep downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Cellulose Pulp Machinery Production in Eastern Asia

In value terms, cellulose pulp machinery production dropped modestly to $X in 2022 estimated in export price. In general, production showed a mild decline. The most prominent rate of growth was recorded in 2017 with an increase of 2.9%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Cellulose Pulp Machinery Exports

Exports in Eastern Asia

In 2022, after four years of growth, there was significant decline in shipments abroad of machinery for making pulp of fibrous cellulosic material, when their volume decreased by -6.2% to X units. Overall, exports, however, continue to indicate resilient growth. The growth pace was the most rapid in 2015 when exports increased by 224%. Over the period under review, the exports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, cellulose pulp machinery exports amounted to $X in 2022. In general, exports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2015 with an increase of 221% against the previous year. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

China dominates exports structure, resulting at X units, which was near 97% of total exports in 2022. South Korea (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the machinery for making pulp of fibrous cellulosic material exports, with a CAGR of +17.2% from 2012 to 2022. At the same time, South Korea (+7.2%) displayed positive paces of growth. While the share of China (+16 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Korea (-3 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest cellulose pulp machinery supplier in Eastern Asia, comprising 93% of total exports. The second position in the ranking was taken by South Korea ($X), with a 5.5% share of total exports.

In China, cellulose pulp machinery exports increased at an average annual rate of +4.7% over the period from 2012-2022.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2022, picking up by 11% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained 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 South Korea ($X per unit), while China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+1.6%).

Cellulose Pulp Machinery Imports

Imports in Eastern Asia

In 2022, purchases abroad of machinery for making pulp of fibrous cellulosic material increased by 3.2% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 88% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, cellulose pulp machinery imports expanded markedly to $X in 2022. In general, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

China prevails in imports structure, finishing at X units, which was approx. 85% of total imports in 2022. It was distantly followed by Taiwan (Chinese) (X units), generating a 6.4% share of total imports. The following importers - Japan (X units) and South Korea (X units) - together made up 7% of total imports.

Imports into China decreased at an average annual rate of -13.8% from 2012 to 2022. South Korea (-9.2%), Taiwan (Chinese) (-10.7%) and Japan (-13.1%) illustrated a downward trend over the same period. Taiwan (Chinese) (+1.7 p.p.) significantly strengthened its position in terms of the total imports, while China saw its share reduced by -3.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported machinery for making pulp of fibrous cellulosic material in Eastern Asia, comprising 94% of total imports. The second position in the ranking was taken by Japan ($X), with a 1.9% share of total imports. It was followed by Taiwan (Chinese), with a 1.7% share.

In China, cellulose pulp machinery imports decreased by an average annual rate of -8.4% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (-19.5% per year) and Taiwan (Chinese) (-18.7% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, picking up by 6.9% against the previous year. Import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cellulose pulp machinery import price increased by +104.1% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :