Report Hong Kong SAR, China - Machines for Making Bags, Sacks or Envelopes of Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights for 499$

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Hong Kong SAR, China - Machines for Making Bags, Sacks or Envelopes of Paper or Paperboard - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Hong Kong SAR, China

In 2022, the Hong Kong paper bag machine market decreased by -30.8% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption faced a abrupt shrinkage. Paper bag machine consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Paper Bag Machine Production in Hong Kong SAR, China

In value terms, paper bag machine production reduced slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 42% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Paper Bag Machine Exports

Exports from Hong Kong SAR, China

In 2022, shipments abroad of machines for making bags, sacks or envelopes of paper or paperboard decreased by -70% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports saw a deep downturn. The most prominent rate of growth was recorded in 2017 with an increase of 225%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, paper bag machine exports contracted notably to $X in 2022. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,922%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for paper bag machine exports from Hong Kong SAR, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China amounted to +11.6%.

In value terms, China ($X) also remains the key foreign market for machines for making bags, sacks or envelopes of paper or paperboard exports from Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value to China totaled +17.2%.

Export Prices by Country

The average paper bag machine export price stood at $X per unit in 2022, increasing by 80% against the previous year. Over the period under review, the export price enjoyed a prominent increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 460% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +268.6% per year.

Paper Bag Machine Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of machines for making bags, sacks or envelopes of paper or paperboard increased by 400% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, faced a deep downturn. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, paper bag machine imports soared to $X in 2021. In general, imports, however, showed a dramatic decline. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

From 2012 to 2022, the average annual rate of growth in terms of volume from No country was relatively modest.

In value terms, China ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Hong Kong SAR.

From 2012 to 2022, the average annual growth rate of value from China totaled -33.4%.

Import Prices by Country

In 2022, the average paper bag machine import price amounted to $X per unit, with a decrease of -78% against the previous year. Overall, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2021 an increase of 44% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +11.3% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machines for making bags, sacks or envelopes of paper or paperboard in the world?

The countries with the highest volumes of in 2021 were Nigeria, China and the United States, with a combined 28% share of global consumption.

What are the largest producers of machines for making bags, sacks or envelopes of paper or paperboard in the world?

The country with the largest volume of paper bag machine production was China, accounting for 50% of total volume. Moreover, paper bag machine production in China exceeded the figures recorded by the second-largest producer, Germany, fourfold. The third position in this ranking was occupied by Japan, with a 6.4% share.

What are the leading suppliers of machines for making bags, sacks or envelopes of paper or paperboard to Hong Kong SAR, China?

In value terms, Italy constituted the largest supplier of paper bag machine to Hong Kong SAR, comprising 24% of total imports. The second position in the ranking was occupied by the Netherlands, with an 8.1% share of total imports. It was followed by South Korea, with a 7.7% share.

What are the leading importers of machines for making bags, sacks or envelopes of paper or paperboard from Hong Kong SAR, China?

In value terms, China remains the key foreign market for paper bag machine exports from Hong Kong SAR.

What is the average export price for machines for making bags, sacks or envelopes of paper or paperboard in Hong Kong SAR, China?

In 2021, the average paper bag machine export price amounted to $94,904 per unit, waning by -14.9% against the previous year.

What is the average import price for machines for making bags, sacks or envelopes of paper or paperboard in Hong Kong SAR, China?

The average paper bag machine import price stood at $112,593 per unit in 2021, dropping by -6.1% against the previous year.

This report provides an in-depth analysis of the paper bag machine market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28951150 - Machines for making bags, sacks or envelopes of paper or paperboard

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023