Benelux: Printing Press Market 2024

Printing Press Market Size in Benelux

The Benelux printing press market totaled $X in 2022, approximately reflecting the previous year. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +17.9% against 2020 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Printing Press Production in Benelux

In value terms, printing press production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when the production volume increased by 13%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Printing Press Exports

Exports in Benelux

In 2022, after two years of growth, there was significant decline in overseas shipments of printing presses, when their volume decreased by -20% to X units. Total exports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 54%. As a result, the exports reached the peak of X units, and then shrank dramatically in the following year.

In value terms, printing press exports declined remarkably to $X in 2022. Over the period under review, exports saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands dominates exports structure, amounting to X units, which was near 85% of total exports in 2022. It was distantly followed by Luxembourg (X units) and Belgium (X units), together making up a 15% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to printing press exports from the Netherlands stood at +4.6%. At the same time, Luxembourg (+72.6%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +72.6% from 2012-2022. By contrast, Belgium (-6.3%) illustrated a downward trend over the same period. Luxembourg (+9.3 p.p.) and the Netherlands (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -11.7% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) remains the largest printing press supplier in Benelux, comprising 92% of total exports. The second position in the ranking was held by Belgium ($X), with a 7.4% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to -3.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (-18.3% per year) and Luxembourg (+5.0% per year).

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 3.8%. The level of export peaked at $X per unit in 2012; however, from 2013 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 Belgium ($X per unit), while Luxembourg ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-7.4%), while the other leaders experienced a decline in the export price figures.

Printing Press Imports

Imports in Benelux

In 2022, after eight years of growth, there was significant decline in purchases abroad of printing presses, when their volume decreased by -24.5% to X units. Overall, imports, however, showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 66%. As a result, imports reached the peak of X units, and then fell markedly in the following year.

In value terms, printing press imports expanded significantly to $X in 2022. Over the period under review, imports saw a noticeable curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 23% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands dominates imports structure, resulting at X units, which was approx. 93% of total imports in 2022. It was distantly followed by Belgium (X units), comprising a 5.2% share of total imports. Luxembourg (X units) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the printing presses imports, with a CAGR of +9.5% from 2012 to 2022. At the same time, Belgium (+4.5%) displayed positive paces of growth. By contrast, Luxembourg (-10.0%) illustrated a downward trend over the same period. The Netherlands (+12 p.p.) significantly strengthened its position in terms of the total imports, while Belgium and Luxembourg saw its share reduced by -2% and -10.2% from 2012 to 2022, respectively.

In value terms, the Netherlands ($X) constitutes the largest market for imported printing presses in Benelux, comprising 74% of total imports. The second position in the ranking was held by Belgium ($X), with a 25% share of total imports.

In the Netherlands, printing press imports increased at an average annual rate of +2.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Belgium (-9.6% per year) and Luxembourg (-7.8% per year).

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, surging by 41% against the previous year. In general, the import price, however, recorded a drastic downturn. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform