In 2023, Germany accounted for the largest share of global exports of parts of machines for making paper or paperboard at 18.77%. Finland and China followed closely with 16.76% and 13.75% respectively. Noteworthy year-on-year changes included Canada's impressive increase of 5.87%, while Japan and Denmark experienced significant decreases of 11.6% and 18.63% respectively. Over the last five years, the compound annual growth rate shows diverse trends with countries like Peru and Portugal showing strong growth, while others like Bulgaria and Saudi Arabia have seen significant declines.
Looking ahead to future trends, it is crucial to monitor the technological advancements in machine manufacturing alongside shifts in global demand for paper and paperboard. Countries with strong innovation capacities and flexible supply chains may capture increased market shares.
Top countries in Export of Parts of Machines for Making Paper or Paperboard Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 18.77 | 2023 | -1.86% | -3.82% | View data |
| 2 | 2 Finland | 16.76 | 2023 | +0.46% | +1.72% | View data |
| 3 | 3 China | 13.75 | 2023 | +4.51% | +3.68% | View data |
| 4 | 4 Sweden | 7.25 | 2023 | +3.02% | +0.47% | View data |
| 5 | 5 Italy | 6.98 | 2023 | -2% | -2.88% | View data |
| 6 | 6 United States | 5.03 | 2023 | -1.76% | -1.99% | View data |
| 7 | 7 Switzerland | 4.57 | 2023 | -0.31% | -2.02% | View data |
| 8 | 8 Austria | 4.33 | 2023 | -6.18% | -6.66% | View data |
| 9 | 9 Spain | 3.82 | 2023 | +2.72% | +0.88% | View data |
| 10 | 10 Singapore | 2.79 | 2023 | +5.1% | +1.68% | View data |
