U.S.: Reel Cutting Slitter Market 2024

Reel Cutting Slitter Exports

Exports from the U.S.

In 2022, overseas shipments of combined reel slitting and re-reeling cutting machines for paper and paperboard increased by 10% to X units, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 16%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel cutting slitter exports expanded markedly to $X in 2022. The total export value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Canada (X units), Mexico (X units) and Malaysia (X units) were the main destinations of reel cutting slitter exports from the United States, together comprising 60% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malaysia (with a CAGR of +40.0%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), Mexico ($X) and Malaysia ($X) appeared to be the largest markets for reel cutting slitter exported from the United States worldwide, with a combined 60% share of total exports. Indonesia, Japan, Germany, Spain, Brazil, Poland, Taiwan (Chinese), the UK, South Africa and China lagged somewhat behind, together accounting for a further 24%.

Poland, with a CAGR of +47.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average reel cutting slitter export price stood at $X per unit in 2022, reducing by -2% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. The export price peaked at $X per unit in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to South Africa ($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 Spain (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Reel Cutting Slitter Imports

Imports into the U.S.

In 2022, purchases abroad of combined reel slitting and re-reeling cutting machines for paper and paperboard decreased by -5.3% to X units for the first time since 2016, thus ending a five-year rising trend. Overall, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 43%. As a result, imports reached the peak of X units, and then dropped in the following year.

In value terms, reel cutting slitter imports declined notably to $X in 2022. Over the period under review, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, imports reached the peak of $X, and then dropped sharply in the following year.

Imports by Country

Malaysia (X units), Italy (X units) and the UK (X units) were the main suppliers of reel cutting slitter imports to the United States, together accounting for 54% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +135.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Switzerland ($X) and China ($X) were the largest reel cutting slitter suppliers to the United States, together comprising 58% of total imports.

Malaysia, with a CAGR of +132.6%, recorded the highest growth rate of the value of imports, in terms of 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 reel cutting slitter import price stood at $X per unit in 2022, reducing by -37.7% against the previous year. Over the period under review, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 12% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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