Belgium: Market for Reel Fed Offset Printing Machinery 2025

Market Size for Reel Fed Offset Printing Machinery in Belgium

In 2022, the Belgian market for reel fed offset printing machinery decreased by -5.9% to $X, falling for the second consecutive year after three years of growth. In general, consumption, however, showed a remarkable increase. Reel fed offset printing machinery consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Reel Fed Offset Printing Machinery in Belgium

In value terms, reel fed offset printing machinery production reduced modestly to $X in 2022 estimated in export price. In general, production, however, showed a slight shrinkage. The growth pace was the most rapid in 2016 with an increase of 16% against the previous year. Reel fed offset printing machinery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports from Belgium

In 2022, reel fed offset printing machinery exports from Belgium fell dramatically to X units, declining by -95.7% against the previous year. In general, exports continue to indicate a dramatic downturn. The pace of growth was the most pronounced in 2017 with an increase of 251%. The exports peaked at X units in 2021, and then declined notably in the following year.

In value terms, reel fed offset printing machinery exports plummeted to $X in 2022. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 91% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tanzania (X units), France (X units) and Bulgaria (X units) were the main destinations of reel fed offset printing machinery exports from Belgium, with a combined 74% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of +71.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) emerged as the key foreign market for reel fed offset printing machinery exports from Belgium, comprising 64% of total exports. The second position in the ranking was taken by Germany ($X), with a 16% share of total exports. It was followed by France, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to Tanzania totaled +154.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-42.9% per year) and France (-43.4% per year).

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, dropping by -51.4% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 172%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+50.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Offset Printing Machinery

Imports into Belgium

In 2022, purchases abroad of reel fed offset printing machinery decreased by -98% to X units, falling for the second year in a row after three years of growth. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 2,138%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, reel fed offset printing machinery imports declined notably to $X in 2022. Overall, imports faced a sharp shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 3,048%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest reel fed offset printing machinery supplier to Belgium, with a 47% share of total imports. Moreover, reel fed offset printing machinery imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was taken by Indonesia (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Taiwan (Chinese) stood at +45.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.6% per year) and Indonesia (0.0% per year).

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest reel fed offset printing machinery suppliers to Belgium, with a combined 92% share of total imports. The United States, Indonesia, the UK, Taiwan (Chinese) and Turkey lagged somewhat behind, together comprising a further 7.6%.

Indonesia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, waning by -18.8% against the previous year. Over the period under review, the import price continues to indicate a precipitous decline. The pace of growth appeared the most rapid in 2020 an increase of 64% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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