CIS: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in CIS

The CIS market for reel fed letterpress printing machinery shrank to $X in 2022, dropping by -10.2% against the previous year. Over the period under review, consumption, however, showed a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Reel Fed Letterpress Printing Machinery in CIS

In value terms, reel fed letterpress printing machinery production contracted notably to $X in 2022 estimated in export price. Over the period under review, production recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 110%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports in CIS

In 2022, shipments abroad of reel fed letterpress printing machinery decreased by 0% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2019 with an increase of 300%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports rose markedly to $X in 2022. Over the period under review, exports showed a deep slump. The pace of growth was the most pronounced in 2016 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Belarus (X units) represented the major exporter of reel fed letterpress printing machinery in the CIS, creating 100% of total export.

Belarus was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of -12.9% from 2012 to 2022. While the share of Belarus (+43 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belarus ($X) also remains the largest reel fed letterpress printing machinery supplier in the CIS.

In Belarus, reel fed letterpress printing machinery exports declined by an average annual rate of -12.9% over the period from 2012-2022.

Export Prices by Country

The export price in the CIS stood at $X per unit in 2022, surging by 8.9% against the previous year. In general, the export price recorded a strong increase. The pace of growth was the most pronounced in 2018 when the export price increased by 184% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +0.0% per year.

Imports of Reel Fed Letterpress Printing Machinery

Imports in CIS

In 2022, overseas purchases of reel fed letterpress printing machinery increased by 179% to X units, rising for the second consecutive year after two years of decline. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports fell to $X in 2022. Overall, imports, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 156% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Moldova represented the largest importer of reel fed letterpress printing machinery in the CIS, with the volume of imports resulting at X units, which was approx. 56% of total imports in 2022. It was distantly followed by Uzbekistan (X units), Russia (X units) and Kazakhstan (X units), together generating a 39% share of total imports. Belarus (X units) followed a long way behind the leaders.

Moldova was also the fastest-growing in terms of the reel fed letterpress printing machinery imports, with a CAGR of +57.3% from 2012 to 2022. At the same time, Uzbekistan (+11.1%) displayed positive paces of growth. By contrast, Belarus (-9.3%), Russia (-11.8%) and Kazakhstan (-14.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Moldova and Uzbekistan increased by +56 and +11 percentage points, respectively.

In value terms, Russia ($X), Moldova ($X) and Uzbekistan ($X) were the countries with the highest levels of imports in 2022, with a combined 89% share of total imports.

Moldova, with a CAGR of +89.5%, 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

In 2022, the import price in the CIS amounted to $X per unit, which is down by -67.9% against the previous year. Over the period under review, the import price faced a deep downturn. The growth pace was the most rapid in 2019 an increase of 197% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (+20.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :