Eastern Asia: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Eastern Asia

The East Asian market for reel fed letterpress printing machinery contracted remarkably to $X in 2022, shrinking by -40.4% against the previous year. Overall, consumption recorded a deep setback. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Eastern Asia

In value terms, reel fed letterpress printing machinery production contracted modestly to $X in 2022 estimated in export price. Overall, production, however, saw a slight contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.5%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Eastern Asia

In 2022, approx. X units of reel fed letterpress printing machinery were exported in Eastern Asia; growing by 73% against the previous year. Over the period under review, exports enjoyed strong growth. 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 surged to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

China prevails in exports structure, finishing at X units, which was near 94% of total exports in 2022. The following exporters - Taiwan (Chinese) (X units) and Japan (X units) - together made up 5.5% of total exports.

China was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of +17.0% from 2012 to 2022. At the same time, Taiwan (Chinese) (+14.0%) displayed positive paces of growth. By contrast, Japan (-15.8%) illustrated a downward trend over the same period. While the share of China (+30 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Japan (-28.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest reel fed letterpress printing machinery supplier in Eastern Asia, comprising 83% of total exports. The second position in the ranking was taken by Japan ($X), with a 12% share of total exports.

In China, reel fed letterpress printing machinery exports expanded at an average annual rate of +6.5% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (-13.3% per year) and Taiwan (Chinese) (-11.4% per year).

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, declining by -30.8% against the previous year. Over the period under review, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2017 when the export price increased by 43% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Japan ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.0%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Letterpress Printing Machinery

Imports in Eastern Asia

In 2022, approx. X units of reel fed letterpress printing machinery were imported in Eastern Asia; dropping by -73.4% against the previous year. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 202% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports reduced to $X in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2014 with an increase of 51% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

South Korea was the main importer of reel fed letterpress printing machinery in Eastern Asia, with the volume of imports finishing at X units, which was approx. 41% of total imports in 2022. Taiwan (Chinese) (X units) held a 21% share (based on physical terms) of total imports, which put it in second place, followed by China (15%), Japan (12%) and Democratic People's Republic of Korea (7.4%). Macao SAR (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic People's Republic of Korea (with a CAGR of +24.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest reel fed letterpress printing machinery importing markets in Eastern Asia were South Korea ($X), Taiwan (Chinese) ($X) and China ($X), together accounting for 80% of total imports. Japan, Democratic People's Republic of Korea and Macao SAR lagged somewhat behind, together accounting for a further 17%.

Democratic People's Republic of Korea, with a CAGR of +46.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per unit, increasing by 224% against the previous year. Over the period under review, the import price recorded modest growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 China ($X per unit), while Macao SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+19.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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