Price for Book-Binding Machinery; Including Book-Sewing Machines in China - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in China (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in China (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in China
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in China

Price for Book-Binding Machinery; Including Book-Sewing Machines in China (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $146 per unit, reducing by -9.3% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of 9.8%. Over the period under review, average import prices attained the maximum at $448 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($272 per unit), while the price for Belgium ($84 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-4.1%), while the prices for the other major suppliers experienced a decline.

Price for Book-Binding Machinery; Including Book-Sewing Machines in China (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $164 per unit in 2022, declining by -14.8% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 18%. The export price peaked at $460 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($407 per unit), while the average price for exports to Morocco ($44 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+1.6%), while the prices for the other major destinations experienced a decline.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in China

In 2022, purchases abroad of book-binding machinery; including book-sewing machineses decreased by -43.3% to 277K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted noticeable growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of 488K units, and then contracted dramatically in the following year.

In value terms, book-binding machinery; including book-sewing machines imports dropped sharply to $40M in 2022. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, imports attained the peak of $79M, and then shrank notably in the following year.

Import of Book-Binding Machinery; Including Book-Sewing Machines in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany23.224.826.218.5-7.3%
Switzerland19.915.222.37.5-27.8%
Japan11.68.715.25.4-22.5%
Italy6.15.06.54.0-13.1%
Portugal2.41.31.71.0-25.3%
Belgium1.90.31.00.5-35.9%
Taiwan (Chinese)2.5N/AN/AN/A0%
Others2.05.15.93.722.8%
Total69.760.678.840.5-16.6%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to China in 2022:

  1. Germany (68.0K units)
  2. Switzerland (56.9K units)
  3. Japan (31.0K units)
  4. Italy (15.8K units)
  5. Portugal (5.7K units)
  6. Belgium (5.5K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in China

Book-binding machinery; including book-sewing machines exports from China skyrocketed to 259K units in 2022, rising by 43% against 2021 figures. In general, exports recorded a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, book-binding machinery; including book-sewing machines exports surged to $43M in 2022. The total export value increased at an average annual rate of +4.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Book-Binding Machinery; Including Book-Sewing Machines in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.32.33.16.037.7%
Vietnam5.52.24.15.71.2%
Malaysia1.51.31.42.111.9%
Germany2.11.71.61.9-3.3%
Singapore0.90.40.51.723.6%
South Korea1.51.02.11.4-2.3%
Japan0.72.72.41.322.9%
Russia1.20.61.01.20.0%
Philippines1.20.70.90.8-12.6%
Australia0.20.30.30.751.8%
Mexico0.50.60.40.711.9%
Belgium0.10.10.10.344.2%
Morocco0.10.10.20.226.0%
Others19.815.416.918.7-1.9%
Total37.629.534.942.64.2%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from China in 2022:

  1. Malaysia (34.7K units)
  2. United States (33.7K units)
  3. Vietnam (14.0K units)
  4. South Korea (13.3K units)
  5. Germany (12.2K units)
  6. Singapore (11.2K units)
  7. Australia (11.0K units)
  8. Philippines (9.4K units)
  9. Mexico (9.4K units)
  10. Japan (8.2K units)
  11. Russia (6.1K units)
  12. Belgium (5.4K units)
  13. Morocco (4.9K units)

Source: IndexBox Market Intelligence Platform

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