China's Packaging Machinery Market Research Report - PMMI

Because of the effects of the Asian Financial Storm, the exported volume of CPMI in
1998 decreased dramatically. In 1999, with the recovery of Asian countries, CPMI
found a stable increase.
7.5 Import Volume of CPMI during 1997~1999
This is the chart of imported volume of CPMI during 1997~1999:
1,600.00
1,400.00
1,200.00
1,000.00
800.00
600.00
400.00
200.00
0.00
45
US$ in million
1997-1999 Import of Packaging Machinery to China
1,183.41
1,435.11
813.63
1997 1998 1999
Between 1993 and 1999, the Chinese economy underwent a 7-year period of slow
growth. 1999 saw an especially bad slump, which made demand for packaging
machines decrease substantially.
7.6 Top Countries Imports of packaging machinery 1997~1999
U.S.A, Germany, Italy, and Japan are the 4 most powerful packaging machinery
manufacturers in the world. China's imported packaging machinery chiefly comes
from these countries.
China’s import volume of packaging machines:
Country 1997 1998
Unit: USD 1,000
1999
Export Import Export Import Export Import
US 3,453 164,554 6,580 90,542 7,031 75,729
Germany 663 205,772 762 640,135 1,417 126,468
Italy 416 181,927 515 141,775 589 115,735
Japan 6,418 30,136 4,902 151,054 6,671 88,754