Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China - 2023

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (FOB) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (CIF) - 2022
  3. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China
  4. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (FOB) - 2022

In 2022, the average export price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $5,569 per ton, dropping by -10.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 21%. The export price peaked at $6,243 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($9,422 per ton), while the average price for exports to Pakistan ($2,265 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (CIF) - 2022

The average import price for machinery; parts of machinery for making or finishing paper or paperboard stood at $23,576 per ton in 2022, reducing by -26.9% against the previous year. In general, the import price continues to indicate a slight descent. The pace of growth was the most pronounced in 2019 when the average import price increased by 26% against the previous year. Over the period under review, average import prices attained the maximum at $37,637 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($67,495 per ton), while the price for Sweden ($15,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China

In 2022, exports of machinery; parts of machinery for making or finishing paper or paperboard from China soared to 75K tons, with an increase of 22% against 2021. The total export volume increased at an average annual rate of +11.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 37%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard amounted to $418M in 2022. The total export value increased at an average annual rate of +12.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia12.718.436.162.470.0%
Malaysia21.562.646.862.442.6%
Vietnam68.685.966.540.4-16.2%
Turkey26.70.97.037.512.0%
Brazil1.220.38.630.5194.0%
India17.329.226.227.316.4%
United States15.717.614.721.310.7%
Russia5.96.836.311.524.9%
Germany33.123.85.79.6-33.8%
Bangladesh4.13.93.77.019.5%
Taiwan (Chinese)7.313.98.36.7-2.8%
Nigeria2.43.21.26.136.5%
Pakistan1.01.41.63.856.0%
Others76.811212192.06.2%
Total29440038341812.4%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from China in 2022:

  1. Indonesia (11.5K tons)
  2. Malaysia (10.6K tons)
  3. India (8.0K tons)
  4. Turkey (6.5K tons)
  5. Vietnam (6.1K tons)
  6. Brazil (4.9K tons)
  7. United States (2.3K tons)
  8. Russia (2.1K tons)
  9. Pakistan (1.7K tons)
  10. Nigeria (1.7K tons)
  11. Taiwan (Chinese) (1.6K tons)
  12. Germany (1.3K tons)
  13. Bangladesh (1.2K tons)

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China

In 2022, imports of machinery; parts of machinery for making or finishing paper or paperboard into China skyrocketed to 8.2K tons, with an increase of 20% against the year before. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard contracted to $193M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 58%. As a result, imports attained the peak of $220M, and then reduced in the following year.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland41.131.399.670.019.4%
Germany32.537.943.154.418.7%
Poland6.28.922.916.538.6%
Sweden0.913.98.412.5140.4%
Japan9.79.29.29.1-2.1%
Italy7.94.05.67.5-1.7%
Austria8.34.54.84.6-17.9%
Norway3.22.33.53.0-2.1%
United States4.32.93.82.8-13.3%
Taiwan (Chinese)4.22.01.52.1-20.6%
Others15.422.117.611.0-10.6%
Total13413922019312.9%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to China in 2022:

  1. Finland (3041.3 tons)
  2. Germany (2190.6 tons)
  3. Sweden (816.3 tons)
  4. Poland (661.9 tons)
  5. Italy (446.2 tons)
  6. Japan (291.2 tons)
  7. Norway (162.8 tons)
  8. Taiwan (Chinese) (126.9 tons)
  9. United States (90.8 tons)
  10. Austria (68.6 tons)

Source: IndexBox Market Intelligence Platform

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