EU: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Market Size in the EU

In 2022, the EU reel cutting slitter market decreased by -9.2% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Reel Cutting Slitter Production in the EU

In value terms, reel cutting slitter production declined slightly to $X in 2022 estimated in export price. In general, production saw a noticeable decline. The pace of growth was the most pronounced in 2018 with an increase of 20% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Reel Cutting Slitter Exports

Exports in the EU

In 2022, overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -17.5% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 16%. As a result, the exports attained the peak of X units, and then fell notably in the following year.

In value terms, reel cutting slitter exports contracted to $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Germany (X units) and Italy (X units) were the largest exporters of combined reel slitting and re-reeling cutting machines for paper and paperboard in 2022, recording approx. 34% and 24% of total exports, respectively. The Netherlands (X units) ranks next in terms of the total exports with a 12% share, followed by Spain (8.5%). Poland (X units), the Czech Republic (X units), Denmark (X units), France (X units) and Belgium (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +15.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, together comprising 71% of total exports. These countries were followed by Spain, Denmark, Poland, Belgium, France and the Czech Republic, which together accounted for a further 23%.

Poland, with a CAGR of +30.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2022, surging by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Denmark ($X per unit), while the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.3%), while the other leaders experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports in the EU

In 2022, approx. X units of combined reel slitting and re-reeling cutting machines for paper and paperboard were imported in the European Union; which is down by -16.2% compared with 2021. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.6% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of X units, and then declined rapidly in the following year.

In value terms, reel cutting slitter imports plummeted to $X in 2022. Total imports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $X, and then declined markedly in the following year.

Imports by Country

Germany (X units), France (X units), the Netherlands (X units), Poland (X units), Spain (X units), Italy (X units) and Romania (X units) represented roughly 73% of total imports in 2022. The following importers - Hungary (X units), Bulgaria (X units), Belgium (X units), Greece (X units), the Czech Republic (X units) and Austria (X units) - together made up 16% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Greece (with a CAGR of +16.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest reel cutting slitter importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 42% share of total imports. These countries were followed by Italy, Poland, Spain, Hungary, Romania, Austria, Belgium, the Czech Republic, Greece and Bulgaria, which together accounted for a further 45%.

In terms of the main importing countries, Greece, with a CAGR of +15.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, reducing by -2.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the import price increased by 9.8%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Austria ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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