Product intelligence · HS 843920 · 2024 data

Machinery: for making paper or paperboard

Global exports of machinery: for making paper or paperboard totalled $1,101,032,629 in 2024, a -21.7% change from the previous year. Traded by 103 countries across 927 bilateral corridors, with demand from 154 importing markets. The long-term trend is stable.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$1.1B

-21.7% YoY

3Y / 5Y CAGR

+0.2%

5Y: +1.3%

Supply structure

Moderately concentrated

HHI 0.173

Volatility

Low

Score 10/100

1.

Market movement

In 2024, machinery: for making paper or paperboard trade exhibited significant decline, with global flows reaching $1,101,032,629 and a three-year compound annual growth rate of +0.2% (five-year: +1.3%). The all-time peak of $1,418,121,658 was recorded in 2008; the current level is 22% below that high-water mark.

Over the 30-year observation window (19952024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.9% acceleration).

The World Trade Flows Characterization classifies machinery: for making paper or paperboard as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is moderately concentrated (Herfindahl-Hirschman Index 0.173). The three largest exporters — Finland ($319.7M), China ($256.3M), and Italy ($206.5M) — collectively dominate supply flows. The leading exporter has grown at +7.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.073). The three largest import markets are Indonesia ($175.8M), China ($133.7M), and Mexico ($100.1M). The largest importing market sources from 20 different supplying countries.

The dominant trade corridor is Finland → China at $85.8M, representing 64.1% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machinery: for making paper or paperboard is 10 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. A moderately concentrated market rewards differentiated positioning and strategic partner selection.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $1,418,121,658 in 2008. Currently 22% below peak.

YearGlobal trade (USD)YoY growth
2015$1,013,882,524-14.3%
2016$844,718,634-16.7%
2017$992,996,359+17.6%
2018$1,194,060,915+20.2%
2019$1,030,572,045-13.7%
2020$1,104,043,616+7.1%
2021$1,094,767,374-0.8%
2022$1,274,831,733+16.4%
2023$1,406,090,770+10.3%
2024$1,101,032,629-21.7%

Top exporting countries

Ranked by export value of machinery: for making paper or paperboard in 2024.

View all 103 exporters →

Top importing markets

Largest import destinations for machinery: for making paper or paperboard.

View all 154 markets →

Leading trade corridors

Largest bilateral export flows for machinery: for making paper or paperboard, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1FinlandChina$85.8M-19.7%
2FinlandIndonesia$71.0M+909.6%
3ChinaIndonesia$67.4M+120.9%
4FinlandUnited Kingdom$50.7M+472.2%
5ItalyMexico$47.8M+85.2%
6ChinaTürkiye$39.7M+46.1%
7FinlandUnited States$38.5M+86.2%
8JapanBrazil$37.1M+949.5%

Showing top 8 of 10 corridors with available data for 2024.

Go deeper

Get the full intelligence picture

Interactive charts, AI-powered opportunity scoring, competitor benchmarking, and real-time alerts for machinery: for making paper or paperboard. Free to start — no credit card required.

Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.