EU: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in the EU

The EU market for reel fed offset printing machinery surged to $X in 2022, with an increase of 60% against the previous year. The total consumption indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of +2.2% 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 +65.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in the EU

In value terms, reel fed offset printing machinery production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 25%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports in the EU

In 2022, after three years of decline, there was significant growth in overseas shipments of reel fed offset printing machinery, when their volume increased by 34% to X units. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2018 when exports increased by 226%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, reel fed offset printing machinery exports declined to $X in 2022. Overall, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by 46% 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 failed to regain momentum.

Exports by Country

In 2022, Italy (X units) represented the main exporter of reel fed offset printing machinery, achieving 41% of total exports. France (X units) held a 21% share (based on physical terms) of total exports, which put it in second place, followed by Spain (14%), the Netherlands (5.4%) and the Czech Republic (4.8%). Ireland (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +38.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest reel fed offset printing machinery supplying countries in the European Union were the Netherlands ($X), Italy ($X) and Spain ($X), together accounting for 54% of total exports. France, the Czech Republic, Ireland and Romania lagged somewhat behind, together accounting for a further 7.5%.

Ireland, with a CAGR of +14.8%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by -30.1% against the previous year. Over the period under review, the export price recorded a noticeable descent. The most prominent rate of growth was recorded in 2016 an increase of 129% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2020; however, from 2021 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 the Netherlands ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-2.1%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Offset Printing Machinery

Imports in the EU

For the third year in a row, the European Union recorded growth in purchases abroad of reel fed offset printing machinery, which increased by 260% to X units in 2022. In general, imports saw a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, reel fed offset printing machinery imports surged to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable reduction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Spain represented the main importing country with an import of about X units, which reached 75% of total imports. It was distantly followed by the Netherlands (X units), making up a 17% share of total imports. The following importers - France (X units) and Ireland (X units) - each recorded a 4% share of total imports.

Spain was also the fastest-growing in terms of the reel fed offset printing machinery imports, with a CAGR of +60.8% from 2012 to 2022. At the same time, Ireland (+28.5%), the Netherlands (+4.2%) and France (+1.7%) displayed positive paces of growth. While the share of Spain (+73 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of France (-4.4 p.p.) and the Netherlands (-24.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, with a combined 69% share of total imports.

Among the main importing countries, Spain, with a CAGR of +23.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, falling by -58% against the previous year. Overall, the import price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 when the import price increased by 16% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Ireland ($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 (-0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :