Paper Knife Market

The article discusses the projected downward consumption trend in the paper knife market over the period from 2022 to 2030, with anticipated declines in both volume and value. It provides detailed information on global consumption, production, imports, exports, and pricing trends of paper knives. Key highlights include the growth rates, market value, and consumption patterns of leading countries such as Italy, Spain, and the Czech Republic. The data also covers production volumes, import prices, and export values over the past decade, offering a comprehensive overview of the paper knife market.

Market Forecast

The paper knife market is expected to start a downward consumption trend over the next eight-year period. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -4.6% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 71M units by the end of 2030.

In value terms, the market is forecast to contract with an anticipated CAGR of -2.7% for the period from 2022 to 2030, which is projected to bring the market value to $747M (in nominal prices) by the end of 2030.

Consumption

World Consumption of Paper Knives

In 2022, approx. 103M units of paper knives were consumed worldwide; growing by 182% on the year before. In general, consumption showed prominent growth. As a result, consumption attained the peak volume and is likely to continue growth in the immediate term.

The global paper knife market value skyrocketed to $926M in 2022, picking up by 183% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Italy (14M units), Spain (13M units) and the Czech Republic (11M units), together accounting for 38% of global consumption.

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by the Czech Republic (with a CAGR of +61.0%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, Italy ($136M), Spain ($113M) and the Czech Republic ($105M) were the countries with the highest levels of market value in 2022, with a combined 38% share of the global market.

The Czech Republic, with a CAGR of +58.3%, saw the highest rates of growth with regard to market size in terms of the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of paper knife per capita consumption in 2022 were the Czech Republic (1,070 units per 1000 persons), Slovenia (845 units per 1000 persons) and Belgium (533 units per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +60.8%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Paper Knives

In 2022, production of paper knives increased by 41% to 60M units, rising for the third consecutive year after two years of decline. In general, the total production indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +50.0% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 90%. Global production peaked in 2022 and is expected to retain growth in years to come.

In value terms, paper knife production reached $366M in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 26% against the previous year. Global production peaked at $377M in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Production By Country

China (29M units) constituted the country with the largest volume of paper knife production, comprising approx. 48% of total volume. Moreover, paper knife production in China exceeded the figures recorded by the second-largest producer, Germany (8.3M units), threefold. The third position in this ranking was held by France (6.6M units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume in China stood at -1.7%. In the other countries, the average annual rates were as follows: Germany (+22.2% per year) and France (+38.7% per year).

Imports

World Imports of Paper Knives

In 2022, purchases abroad of paper knives increased by 295% to 130M units, rising for the second year in a row after four years of decline. In general, imports showed a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper knife imports rose sharply to $201M in 2022. Overall, imports recorded a relatively flat trend pattern. Global imports peaked at $212M in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports By Country

In 2022, Germany (30M units), distantly followed by Spain (17M units), Italy (15M units), the Czech Republic (12M units) and Belgium (6.2M units) were the main importers of paper knives, together achieving 61% of total imports. China (5.7M units), Austria (3.5M units), Sweden (2.4M units) and Denmark (2.3M units) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Denmark (with a CAGR of +50.4%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($14M), Spain ($7M) and Italy ($6.2M) constituted the countries with the highest levels of imports in 2022, together accounting for 13% of global imports. The Czech Republic, China, Belgium, Austria, Sweden and Denmark lagged somewhat behind, together comprising a further 7.1%.

In terms of the main importing countries, Denmark, with a CAGR of +9.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average paper knife import price amounted to $1.5 per unit, which is down by -71.7% against the previous year. In general, the import price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 an increase of 18%. Over the period under review, average import prices attained the peak figure at $7.3 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Austria ($0.5 per unit) and the Czech Republic ($0.5 per unit), while Belgium ($0.4 per unit) and Italy ($0.4 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-24.6%), while the other global leaders experienced a decline in the import price figures.

Exports

World Exports of Paper Knives

In 2022, shipments abroad of paper knives increased by 124% to 87M units, rising for the second year in a row after three years of decline. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2017 with an increase of 164% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, paper knife exports skyrocketed to $293M in 2022. The total export value increased at an average annual rate of +3.2% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports By Country

Germany (38M units) and China (25M units) prevails in exports structure, together generating 72% of total exports. It was distantly followed by France (7.1M units), committing an 8.1% share of total exports. The following exporters - the United States (3.5M units), Spain (3.5M units) and Poland (2.2M units) - together made up 11% of total exports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +60.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, China ($224M) remains the largest paper knife supplier worldwide, comprising 76% of global exports. The second position in the ranking was taken by Germany ($23M), with a 7.8% share of global exports. It was followed by France, with a 1.5% share.

In China, paper knife exports expanded at an average annual rate of +5.9% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (-2.2% per year) and France (-0.6% per year).

Export Prices By Country

The average paper knife export price stood at $3.3 per unit in 2022, declining by -44.1% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 an increase of 138%. As a result, the export price reached the peak level of $18 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($8.9 per unit), while the United States ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the other global leaders experienced a decline in the export price figures.

Source: IndexBox Market Intelligence Platform