U.S.: Paper Moulding Machine Market 2024

Paper Moulding Machine Market Size in the U.S.

In 2022, the U.S. paper moulding machine market decreased by -54.7% to $X, falling for the second consecutive year after three years of growth. Overall, consumption, however, recorded a significant expansion. Paper moulding machine consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Paper Moulding Machine Production in the U.S.

In value terms, paper moulding machine production shrank slightly to $X in 2022. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 73% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Paper Moulding Machine Exports

Exports from the U.S.

In 2022, exports of machines for moulding articles in paper pulp, paper or paperboard from the United States soared to X units, surging by 102% on the year before. Over the period under review, exports recorded a noticeable expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, paper moulding machine exports skyrocketed to $X in 2022. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Canada (X units) and Brazil (X units) were the main destinations of paper moulding machine exports from the United States, with a combined 58% share of total exports. Chile, Israel, Italy, the UK and Mexico lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of +1,533.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Canada ($X) and Brazil ($X) appeared to be the largest markets for paper moulding machine exported from the United States worldwide, with a combined 57% share of total exports. Chile, Israel, Italy, the UK and Mexico lagged somewhat behind, together accounting for a further 34%.

Among the main countries of destination, Chile, with a CAGR of +2,159.3%, recorded 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 moulding machine export price amounted to $X per unit, increasing by 2.2% against the previous year. In general, the export price, however, saw a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when the average export price increased by 14% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Israel ($X per unit) and Spain ($X per unit), while the average price for exports to Brazil ($X per unit) and Mexico ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+36.8%), while the prices for the other major destinations experienced mixed trend patterns.

Paper Moulding Machine Imports

Imports into the U.S.

In 2022, purchases abroad of machines for moulding articles in paper pulp, paper or paperboard decreased by -26% to X units for the first time since 2017, thus ending a four-year rising trend. Over the period under review, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 158%. Over the period under review, imports reached the peak figure at X units in 2021, and then contracted remarkably in the following year.

In value terms, paper moulding machine imports fell sharply to $X in 2022. Overall, imports, however, recorded a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 135%. Imports peaked at $X in 2021, and then plummeted in the following year.

Imports by Country

In 2022, China (X units) constituted the largest paper moulding machine supplier to the United States, with a 43% share of total imports. Moreover, paper moulding machine imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), twofold. Germany (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+103.6% per year) and Germany (+19.8% per year).

In value terms, China ($X) constituted the largest supplier of machines for moulding articles in paper pulp, paper or paperboard to the United States, comprising 48% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 12% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+9.1% per year) and Germany (+14.5% per year).

Import Prices by Country

The average paper moulding machine import price stood at $X per unit in 2022, declining by -6.1% against the previous year. Overall, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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