In 2023, Canada led the global import of machines for moulding articles in pulp, paper, and board with a significant value, despite a 19.2% reduction from the previous year. Singapore and the Philippines experienced growth with 13.42% and 3.17% increases, respectively. Noteworthy increases were also seen in countries like Azerbaijan and Myanmar, demonstrating robust growth. Conversely, Switzerland, Russia, and Moldova experienced the most considerable decreases, with variations of -30.49%, -51.63%, and -18%, respectively.
Looking ahead, trends to monitor include technological advancements enhancing machine efficiency, shifts in demand across emerging markets, and geopolitical factors potentially impacting trade dynamics. Sustainable practices may spur growth in developed regions, focusing on eco-friendly moulding solutions.
Top countries in Import of Machines for Moulding Articles in Pulp, Paper, Board by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 26,920 | 2023 | -4.07% | -19.2% | View data |
| 2 | 2 Singapore | 4,890 | 2023 | +1.96% | +13.42% | View data |
| 3 | 3 Philippines | 1,340 | 2023 | +6.02% | +3.17% | View data |
| 4 | 4 Brazil | 913 | 2023 | -8.52% | -2.83% | View data |
| 5 | 5 India | 875 | 2023 | +3.18% | +1.06% | View data |
| 6 | 6 United States | 843 | 2023 | -1.17% | +6.37% | View data |
| 7 | 7 Ecuador | 673 | 2023 | +5.82% | +3.09% | View data |
| 8 | 8 Malaysia | 641 | 2023 | -8.3% | -0.43% | View data |
| 9 | 9 Pakistan | 589 | 2023 | +4.99% | +3.21% | View data |
| 10 | 10 Uganda | 464 | 2023 | +4.98% | -0.84% | View data |
