China: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in China

The Chinese market for reel fed letterpress printing machinery dropped notably to $X in 2022, with a decrease of -50.6% against the previous year. Overall, consumption continues to indicate a abrupt setback. Reel fed letterpress printing machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in China

In value terms, reel fed letterpress printing machinery production fell to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 11%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from China

For the fifth consecutive year, China recorded growth in overseas shipments of reel fed letterpress printing machinery, which increased by 84% to X units in 2022. Over the period under review, exports saw a buoyant expansion. 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, total exports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 +37.3% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of 36% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Indonesia (X units), Vietnam (X units) and Bangladesh (X units) were the main destinations of reel fed letterpress printing machinery exports from China, together accounting for 23% of total exports. Egypt, India, Saudi Arabia, Mexico, Nigeria, Myanmar, Malaysia, Turkey, Thailand and the United States lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Myanmar (with a CAGR of +66.1%), while the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X) remains the key foreign market for reel fed letterpress printing machinery exports from China, comprising 20% of total exports. The second position in the ranking was held by Thailand ($X), with a 9% share of total exports. It was followed by Malaysia, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam amounted to +16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (+6.5% per year) and Malaysia (+9.5% per year).

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, shrinking by -31.1% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30%. The export price 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 destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Myanmar ($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 Bangladesh (-0.3%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Letterpress Printing Machinery

Imports into China

In 2022, after four years of decline, there was significant growth in purchases abroad of reel fed letterpress printing machinery, when their volume increased by 20% to X units. Overall, imports, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when imports increased by 114% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports plummeted to $X in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2017 with an increase of 154% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of reel fed letterpress printing machinery to China, with a 39% share of total imports. Moreover, reel fed letterpress printing machinery imports from Japan exceeded the figures recorded by the second-largest supplier, South Korea (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan stood at -10.8%.

In value terms, Japan ($X) constituted the largest supplier of reel fed letterpress printing machinery to China, comprising 87% of total imports. The second position in the ranking was held by South Korea ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled -14.6%.

Import Prices by Country

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, waning by -78.8% against the previous year. Over the period under review, the import price recorded a abrupt decline. The pace of growth was the most pronounced in 2020 an increase of 106% against the previous year. The import price peaked at $X per unit in 2021, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for South Korea stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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