Asia-Pacific: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Asia-Pacific

The Asia-Pacific market for reel fed letterpress printing machinery shrank significantly to $X in 2022, waning by -46.8% against the previous year. In general, consumption, however, showed a deep contraction. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in Asia-Pacific

In value terms, reel fed letterpress printing machinery production dropped slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 5.6% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Asia-Pacific

For the fifth year in a row, Asia-Pacific recorded growth in shipments abroad of reel fed letterpress printing machinery, which increased by 79% to X units in 2022. Overall, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, reel fed letterpress printing machinery exports soared to $X in 2022. In general, exports, however, saw a slight slump. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, reaching X units, which was near 79% of total exports in 2022. Australia (X units) held the second position in the ranking, followed by Thailand (X units). All these countries together took near 9.7% share of total exports. The following exporters - the Philippines (X units), Taiwan (Chinese) (X units) and India (X units) - together made up 8.3% of total exports.

From 2012 to 2022, average annual rates of growth with regard to reel fed letterpress printing machinery exports from China stood at +17.0%. At the same time, the Philippines (+115.1%), Thailand (+60.4%), Taiwan (Chinese) (+14.0%) and Australia (+4.5%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +115.1% from 2012-2022. By contrast, India (-9.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Thailand and the Philippines increased by +32, +4.7 and +3.3 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest reel fed letterpress printing machinery supplier in Asia-Pacific, comprising 80% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 4.7% share of total exports. It was followed by Australia, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +6.5%. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-11.4% per year) and Australia (-6.9% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, reducing by -32.2% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 when the export price increased by 49%. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.4%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Letterpress Printing Machinery

Imports in Asia-Pacific

In 2022, overseas purchases of reel fed letterpress printing machinery increased by 86% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a prominent increase. The most prominent rate of growth was recorded in 2017 when imports increased by 485% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports reached $X in 2022. Over the period under review, imports, however, showed a pronounced contraction. The most prominent rate of growth was recorded in 2014 with an increase of 41%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

The Philippines prevails in imports structure, recording X units, which was approx. 76% of total imports in 2022. Indonesia (X units) ranks second in terms of the total imports with an 8.5% share, followed by Singapore (7.8%). Vietnam (X units) followed a long way behind the leaders.

Imports into the Philippines decreased at an average annual rate of -12.1% from 2012 to 2022. At the same time, Indonesia (+13.0%) and Singapore (+7.7%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +13.0% from 2012-2022. By contrast, Vietnam (-4.4%) illustrated a downward trend over the same period. While the share of the Philippines (+76 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (-5.4 p.p.) and Vietnam (-7.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest reel fed letterpress printing machinery importing markets in Asia-Pacific were Vietnam ($X), Indonesia ($X) and Singapore ($X), together comprising 49% of total imports.

Indonesia, with a CAGR of +6.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, falling by -46% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2020 when the import price increased by 346%. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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