Pakistan: Paper Making Machinery Market 2024

Paper Making Machinery Market Size in Pakistan

For the third year in a row, the Pakistani paper making machinery market recorded growth in sales value, which increased by 213% to $X in 2021. In general, consumption posted a significant expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Paper Making Machinery Exports

Exports from Pakistan

In 2021, after two years of growth, there was significant decline in shipments abroad of machinery for making up paper pulp, paper or paperboard, when their volume decreased by -33.3% to X units. Overall, exports recorded a pronounced shrinkage. The growth pace was the most rapid in 2017 with an increase of 200%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, paper making machinery exports contracted significantly to $X in 2021. In general, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2019 with an increase of 1,895%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units) was the main destination for paper making machinery exports from Pakistan, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Oman was relatively modest.

In value terms, Tanzania ($X) emerged as the key foreign market for machinery for making up paper pulp, paper or paperboard exports from Pakistan, comprising 8.1% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3.6% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania stood at +8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+18.3% per year) and Oman (+5.6% per year).

Export Prices by Country

In 2021, the average paper making machinery export price amounted to $X per unit, declining by -11.5% against the previous year. Overall, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2014 an increase of 594% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per unit), while the average price for exports to Oman ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+1,134.2%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Making Machinery Imports

Imports into Pakistan

In 2021, the amount of machinery for making up paper pulp, paper or paperboard imported into Pakistan skyrocketed to X units, jumping by 204% against 2020 figures. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 226%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, paper making machinery imports soared to $X in 2021. In general, imports showed a significant expansion. The growth pace was the most rapid in 2017 when imports increased by 233% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest supplier of paper making machinery to Pakistan, with a 63% share of total imports. Moreover, paper making machinery imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fourfold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +52.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+22.0% per year) and Germany (+38.7% per year).

In value terms, China ($X) constituted the largest supplier of machinery for making up paper pulp, paper or paperboard to Pakistan, comprising 63% of total imports. The second position in the ranking was taken by Italy ($X), with a 17% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +52.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+20.7% per year) and Germany (+39.5% per year).

Import Prices by Country

In 2021, the average paper making machinery import price amounted to $X per unit, with a decrease of -4.9% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2021: its price increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, paper making machinery import price decreased by -17.9% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of 122% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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