Central Asia: Paper Bag Machine Market 2024

Paper Bag Machine Market Size in Central Asia

After two years of growth, the Central Asian paper bag machine market decreased by X% to $X in 2022. Over the period under review, consumption, however, showed a significant expansion. Over the period under review, the market attained the peak level at $X in 2021, and then dropped rapidly in the following year.

Paper Bag Machine Production in Central Asia

In value terms, paper bag machine production shrank slightly to $X.5B in 2022 estimated in export price. Over the period under review, production, however, saw a significant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. Over the period under review, production hit record highs at $X.5B in 2018; however, from 2019 to 2022, production failed to regain momentum.

Paper Bag Machine Exports

Exports in Central Asia

In 2022, after two years of growth, there was significant decline in shipments abroad of machines for making bags, sacks or envelopes of paper or paperboard, when their volume decreased by X% to X units. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then shrank markedly in the following year.

In value terms, paper bag machine exports contracted notably to $X in 2022. Overall, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then fell remarkably in the following year.

Exports by Country

In 2022, Uzbekistan (X units) represented the major exporter of machines for making bags, sacks or envelopes of paper or paperboard in Central Asia, generating X% of total export.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of exports of machines for making bags, sacks or envelopes of paper or paperboard. Uzbekistan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Uzbekistan ($X) also remains the largest paper bag machine supplier in Central Asia.

In Uzbekistan, paper bag machine exports contracted by an average annual rate of X% over the period from 2013-2022.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2018 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2013 to 2022, the rate of growth in terms of prices for Uzbekistan amounted to X% per year.

Paper Bag Machine Imports

Imports in Central Asia

Paper bag machine imports soared to X units in 2022, with an increase of X% against 2021 figures. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, paper bag machine imports surged to $X in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Uzbekistan (X units) and Tajikistan (X units) represented the main importers of machines for making bags, sacks or envelopes of paper or paperboard in Central Asia, together mixing up X% of total imports. It was distantly followed by Kazakhstan (X units), mixing up a X% share of total imports. Turkmenistan (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Tajikistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Uzbekistan ($X) constitutes the largest market for imported machines for making bags, sacks or envelopes of paper or paperboard in Central Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with an X% share of total imports. It was followed by Tajikistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Uzbekistan amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Tajikistan (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, posted a pronounced increase. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Turkmenistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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