India: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in India

The Indian market for reel fed letterpress printing machinery soared to $X in 2022, surging by 92% against the previous year. Overall, consumption posted significant growth. Reel fed letterpress printing machinery consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in India

In value terms, reel fed letterpress printing machinery production soared to $X in 2022 estimated in export price. In general, production saw resilient growth. The growth pace was the most rapid in 2016 when the production volume increased by 77,573,900%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from India

In 2022, the amount of reel fed letterpress printing machinery exported from India shrank rapidly to X units, dropping by -43.7% against the previous year. Over the period under review, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 with an increase of 1,636%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, reel fed letterpress printing machinery exports declined rapidly to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 376% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for reel fed letterpress printing machinery exports from India, accounting for a 54% share of total exports. Moreover, reel fed letterpress printing machinery exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X units), threefold. Nepal (X units) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at +40.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+33.5% per year) and Nepal (+27.1% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for reel fed letterpress printing machinery exports from India, comprising 40% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with an 18% share of total exports. It was followed by Kuwait, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled +40.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+36.6% per year) and Kuwait (0.0% per year).

Export Prices by Country

In 2022, the average export price for reel fed letterpress printing machinery amounted to $X per unit, growing by 16% against the previous year. Over the period under review, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of 1,169%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahrain ($X per unit), while the average price for exports to Democratic Republic of the Congo ($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 Bahrain (+310.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into India

In 2022, imports of reel fed letterpress printing machinery into India surged to X units, jumping by 27% on 2021. In general, imports recorded a tangible expansion. The pace of growth was the most pronounced in 2021 when imports increased by 450%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, reel fed letterpress printing machinery imports skyrocketed to $X in 2022. Over the period under review, imports, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 275% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of reel fed letterpress printing machinery to India, accounting for a 57% share of total imports. Moreover, reel fed letterpress printing machinery imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. Vietnam (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-0.9% per year) and Vietnam (0.0% per year).

In value terms, China ($X) constituted the largest supplier of reel fed letterpress printing machinery to India, comprising 68% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 13% share of total imports. It was followed by Japan, with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (0.0% per year) and Japan (-12.4% per year).

Import Prices by Country

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, waning by -4.2% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 78%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+440.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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