Denmark: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Denmark

In 2022, the Danish market for reel fed letterpress printing machinery decreased by 99.9% to less than $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a prominent increase. As a result, consumption attained the peak level of $X, and then declined sharply in the following year.

Production of Reel Fed Letterpress Printing Machinery in Denmark

In value terms, reel fed letterpress printing machinery production soared to $X in 2022 estimated in export price. Over the period under review, production, however, saw a precipitous slump. The most prominent rate of growth was recorded in 2016 with an increase of 185%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Denmark

In 2021, approx. X units of reel fed letterpress printing machinery were exported from Denmark; picking up by 225% compared with the previous year's figure. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2016 when exports increased by 500% against the previous year. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, reel fed letterpress printing machinery exports surged to $X in 2021. In general, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Switzerland (X units) was the main destination for reel fed letterpress printing machinery exports from Denmark, accounting for a 77% share of total exports. Moreover, reel fed letterpress printing machinery exports to Switzerland exceeded the volume sent to the second major destination, Germany (X units), fivefold.

From 2012 to 2021, the average annual growth rate of volume to Switzerland totaled +10.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Norway (0.0% per year).

In value terms, Germany ($X) emerged as the key foreign market for reel fed letterpress printing machinery exports from Denmark, comprising 98% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 1.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+11.9% per year) and Norway (-4.1% per year).

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2021, picking up by 828% against the previous year. Overall, the export price recorded significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.1%).

Imports of Reel Fed Letterpress Printing Machinery

Imports into Denmark

Reel fed letterpress printing machinery imports into Denmark soared to X units in 2022, growing by 600% compared with 2021. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, reel fed letterpress printing machinery imports declined notably to $X in 2022. In general, imports, however, recorded a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 363,210% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the UK (X units) and the United States (X units) were the main suppliers of reel fed letterpress printing machinery imports to Denmark.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +62.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of reel fed letterpress printing machinery to Denmark, comprising 70% of total imports. The second position in the ranking was held by the UK ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-9.4% per year) and the United States (-28.8% per year).

Import Prices by Country

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, falling by -95.5% against the previous year. Over the period under review, the import price recorded a precipitous curtailment. The pace of growth was the most pronounced in 2020 an increase of 121,003% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+154.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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