Asia: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Asia

The Asian market for reel fed letterpress printing machinery declined dramatically to $X in 2022, with a decrease of -44.2% against the previous year. In general, consumption, however, saw a abrupt contraction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Asia

In value terms, reel fed letterpress printing machinery production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by 6.5% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Asia

Reel fed letterpress printing machinery exports skyrocketed to X units in 2022, jumping by 60% on the previous year's figure. Overall, exports showed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, reel fed letterpress printing machinery exports skyrocketed to $X in 2022. In general, exports, however, showed a slight curtailment. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, amounting to X units, which was near 80% of total exports in 2022. It was distantly followed by Thailand (X units), mixing up a 4.7% share of total exports. The following exporters - the Philippines (X units), Taiwan (Chinese) (X units), Israel (X units) and India (X units) - together made up 11% of total exports.

Exports from China increased at an average annual rate of +17.0% from 2012 to 2022. At the same time, the Philippines (+115.1%), Thailand (+60.4%), Israel (+58.3%) and Taiwan (Chinese) (+14.0%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in Asia, 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, the Philippines and Israel increased by +29, +4.7, +3.4 and +2.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest reel fed letterpress printing machinery supplier in Asia, comprising 79% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 4.7% share of total exports. It was followed by India, with a 0.5% share.

From 2012 to 2022, the average annual growth rate of value in China stood at +6.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-11.4% per year) and India (-0.7% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, which is down by -24.5% against the previous year. Over the period under review, the export price faced a deep downturn. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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

After two years of decline, supplies from abroad of reel fed letterpress printing machinery increased by 83% to X units in 2022. Overall, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2017 when imports increased by 375% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports declined to $X in 2022. Over the period under review, imports, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2014 when imports increased by 60%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Philippines dominates imports structure, finishing at X units, which was near 75% of total imports in 2022. Indonesia (X units) ranks second in terms of the total imports with an 8.3% share, followed by Singapore (7.6%). Vietnam (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to reel fed letterpress printing machinery imports into the Philippines stood at -12.1%. 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, 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 (+75 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Singapore (-4.1 p.p.) and Vietnam (-6.7 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 were Vietnam ($X), Indonesia ($X) and Singapore ($X), with a combined 44% share of total imports.

Indonesia, with a CAGR of +6.3%, recorded 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

The import price in Asia stood at $X per unit in 2022, reducing by -48% against the previous year. Overall, the import price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by 327% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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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