Italy: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Italy

The Italian paper bag machine market reduced rapidly to $X in 2022, declining by -26% against the previous year. Overall, consumption, however, showed measured growth. Paper bag machine consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Paper Bag Machine Production in Italy

In value terms, paper bag machine production reduced markedly to $X in 2022 estimated in export price. In general, production, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when the production volume increased by 423%. Paper bag machine production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Paper Bag Machine Exports

Exports from Italy

In 2022, the amount of machines for making bags, sacks or envelopes of paper or paperboard exported from Italy shrank notably to X units, which is down by -35.3% compared with 2021 figures. Overall, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of 56%. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, paper bag machine exports shrank rapidly to $X in 2022. Over the period under review, exports, however, showed a strong expansion. The growth pace was the most rapid in 2013 with an increase of 105% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced markedly in the following year.

Exports by Country

Turkey (X units), Portugal (X units) and Spain (X units) were the main destinations of paper bag machine exports from Italy, together comprising 40% of total exports. These countries were followed by India, Slovenia, Saudi Arabia, Germany, the United States, the United Arab Emirates, Ukraine, France, Colombia and Croatia, which together accounted for a further 50%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Slovenia (with a CAGR of +29.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for paper bag machine exported from Italy were Turkey ($X), Portugal ($X) and Germany ($X), with a combined 41% share of total exports. Spain, Slovenia, India, Saudi Arabia, the United Arab Emirates, the United States, France, Croatia, Colombia and Ukraine lagged somewhat behind, together comprising a further 51%.

Among the main countries of destination, France, with a CAGR of +147.8%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average paper bag machine export price amounted to $X per unit, growing by 5.9% against the previous year. Overall, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, paper bag machine export price increased by +55.3% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 35% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ukraine ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+26.4%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Bag Machine Imports

Imports into Italy

In 2022, after two years of decline, there was significant growth in purchases abroad of machines for making bags, sacks or envelopes of paper or paperboard, when their volume increased by 9.8% to X units. In general, imports saw a noticeable expansion. The pace of growth appeared the most rapid in 2015 when imports increased by 78%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, paper bag machine imports declined remarkably to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 115% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest paper bag machine supplier to Italy, accounting for a 63% share of total imports. Moreover, paper bag machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), threefold. France (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.6% per year) and France (+8.8% per year).

In value terms, Germany ($X) constituted the largest supplier of machines for making bags, sacks or envelopes of paper or paperboard to Italy, comprising 63% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by France, with a 9.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.4% per year) and France (+6.5% per year).

Import Prices by Country

The average paper bag machine import price stood at $X per unit in 2022, shrinking by -26.2% against the previous year. Overall, the import price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average import price increased by 71%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+15.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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