In 2023, Germany led global exports of machinery for finishing paper or paperboard, commanding a significant share, followed by China and the Netherlands. Germany's export value increased by 3.18% year-on-year, while China's saw a 3.44% rise. The Netherlands exhibited a notable growth of 4.22%. The Czech Republic experienced the highest growth rate at 11.23%, contrasting with a significant decline in Switzerland at -10.07%. The United States recorded a substantial decrease of 12.95% in exports, indicative of shifting global trade dynamics in this sector.
Looking to the future, technological advancements and sustainability requirements are likely to shape market trends. Countries investing in innovation and eco-friendly practices might see increased demand, influencing their global export shares. Observing how emerging economies adapt and increase their market share could provide insights into the evolving landscape of machinery exports in the paper and paperboard finishing industry.
Top countries in Export of Machinery for Finishing Paper or Paperboard Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 41.09 | 2023 | +2.37% | +3.18% | View data |
| 2 | 2 China | 24.2 | 2023 | +4.11% | +3.44% | View data |
| 3 | 3 Netherlands | 4.29 | 2023 | +4.03% | +4.22% | View data |
| 4 | 4 Japan | 3.53 | 2023 | -0.078% | +2.89% | View data |
| 5 | 5 Czech Republic | 3.41 | 2023 | +3.58% | +11.23% | View data |
| 6 | 6 Italy | 3.2 | 2023 | -5.32% | -8.07% | View data |
| 7 | 7 Sweden | 2.79 | 2023 | -0.53% | +1.53% | View data |
| 8 | 8 Switzerland | 2.51 | 2023 | -7.51% | -10.07% | View data |
| 9 | 9 Romania | 1.4 | 2023 | +4.01% | +6.15% | View data |
| 10 | 10 Spain | 1.18 | 2023 | +1.12% | +0.53% | View data |
