Product intelligence · HS 844190 · 2024 data

Machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds

Global exports of machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds totalled $1,963,360,000 in 2024, a -5.8% change from the previous year. Traded by 155 countries across 4,164 bilateral corridors, with demand from 187 importing markets. The long-term trend is stable.

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

Global trade

$2.0B

-5.8% YoY

3Y / 5Y CAGR

-0.9%

5Y: +2.8%

Supply structure

Diversified

HHI 0.089

Volatility

Low

Score 2/100

1.

Market movement

In 2024, machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds trade exhibited significant decline, with global flows reaching $1,963,360,000 and a three-year compound annual growth rate of -0.9% (five-year: +2.8%). The all-time peak of $2,083,295,683 was recorded in 2023; the current level is 6% below that high-water mark.

Over the 30-year observation window (19952024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is steady (-2.7% acceleration).

The World Trade Flows Characterization classifies machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds as "Two-way vertical 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 diversified (Herfindahl-Hirschman Index 0.089). The three largest exporters — Germany ($356.9M), Italy ($310.0M), and United States ($194.1M) — collectively dominate supply flows. The leading exporter has grown at +1.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.051). The three largest import markets are United States ($326.2M), Germany ($150.3M), and Italy ($97.2M). The largest importing market sources from 72 different supplying countries.

The dominant trade corridor is Italy → United States at $64.5M, representing 19.8% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds is 2 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. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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

Historical evidence

Annual trade value 19952024

Peak: $2,083,295,683 in 2023. Currently 6% below peak.

YearGlobal trade (USD)YoY growth
2015$1,530,058,496-7.0%
2016$1,612,399,473+5.4%
2017$1,686,579,744+4.6%
2018$1,762,242,057+4.5%
2019$1,711,748,262-2.9%
2020$1,702,166,382-0.6%
2021$2,019,321,462+18.6%
2022$2,005,978,275-0.7%
2023$2,083,295,683+3.9%
2024$1,963,360,000-5.8%

Top exporting countries

Ranked by export value of machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds in 2024.

View all 155 exporters →

Top importing markets

Largest import destinations for machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds.

View all 187 markets →

Leading trade corridors

Largest bilateral export flows for machinery: parts of machinery for making up paper pulp, paper or paperboard, including cutting machines of all kinds, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1ItalyUnited States$64.5M+8.7%
2United StatesCanada$42.4M+3.5%
3GermanyUnited States$41.6M-6.5%
4ItalyGermany$33.2M+11.5%
5United StatesMexico$31.0M+7.1%
6GermanyItaly$29.8M+8.4%
7JapanUnited States$27.0M-11.5%
8FinlandUnited States$22.9M+56.5%

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

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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.