Spain: Paperboard Container Machine Market 2024

Paperboard Container Machine Market Size in Spain

The Spanish paperboard container machine market expanded slightly to $X in 2022, increasing by 2.5% against the previous year. In general, consumption recorded a relatively flat trend pattern. Paperboard container machine consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Paperboard Container Machine Production in Spain

In value terms, paperboard container machine production contracted to $X in 2022 estimated in export price. Overall, production saw strong growth. The growth pace was the most rapid in 2016 when the production volume increased by 37%. Paperboard container machine production peaked at $X in 2021, and then contracted in the following year.

Paperboard Container Machine Exports

Exports from Spain

In 2022, after two years of growth, there was significant decline in overseas shipments of machines for making containers of paper or paperboard, when their volume decreased by -20.6% to X units. In general, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 93%. The exports peaked at X units in 2021, and then plummeted in the following year.

In value terms, paperboard container machine exports declined rapidly to $X in 2022. Overall, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 55%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Mexico (X units) was the main destination for paperboard container machine exports from Spain, with a 28% share of total exports. Moreover, paperboard container machine exports to Mexico exceeded the volume sent to the second major destination, Turkey (X units), threefold. The third position in this ranking was held by the United States (X units), with an 8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Mexico totaled +36.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+32.8% per year) and the United States (+41.0% per year).

In value terms, Mexico ($X), the United States ($X) and France ($X) appeared to be the largest markets for paperboard container machine exported from Spain worldwide, together accounting for 42% of total exports. These countries were followed by Chile, Egypt, the Netherlands, Germany, the UK, Algeria, Peru, Morocco, Mauritania and Turkey, which together accounted for a further 41%.

Among the main countries of destination, Egypt, with a CAGR of +109.8%, 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 paperboard container machine export price amounted to $X per unit, rising by 2.7% against the previous year. In general, the export price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2014 an increase of 32% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($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 Morocco (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Paperboard Container Machine Imports

Imports into Spain

In 2022, the amount of machines for making containers of paper or paperboard imported into Spain declined remarkably to X units, waning by -43% against the previous year. Over the period under review, imports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 206%. As a result, imports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, paperboard container machine imports totaled $X in 2022. In general, imports, however, saw prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 99%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X units), China (X units) and Switzerland (X units) were the main suppliers of paperboard container machine imports to Spain, with a combined 73% share of total imports. Japan, Germany, Italy and the Netherlands lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +15.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paperboard container machine suppliers to Spain were France ($X), Switzerland ($X) and China ($X), with a combined 75% share of total imports. The Netherlands, Italy, Germany and Japan lagged somewhat behind, together accounting for a further 20%.

The Netherlands, with a CAGR of +29.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average paperboard container machine import price stood at $X per unit in 2022, increasing by 84% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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