Japan: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Japan

In 2022, after two years of growth, there was significant decline in the Japanese market for reel fed letterpress printing machinery, when its value decreased by -20.3% to $X. In general, consumption, however, enjoyed buoyant growth. Over the period under review, the market attained the maximum level at $X in 2021, and then declined notably in the following year.

Production of Reel Fed Letterpress Printing Machinery in Japan

In value terms, reel fed letterpress printing machinery production shrank slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 7.7%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Japan

In 2022, the amount of reel fed letterpress printing machinery exported from Japan shrank remarkably to X units, dropping by -61.2% compared with 2021. Overall, exports faced a deep reduction. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports reduced to $X in 2022. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2017 when exports increased by 20%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

South Korea (X units) was the main destination for reel fed letterpress printing machinery exports from Japan, with a 60% share of total exports. Moreover, reel fed letterpress printing machinery exports to South Korea exceeded the volume sent to the second major destination, Thailand (X units), fourfold. The third position in this ranking was taken by India (X units), with an 8.7% share.

From 2012 to 2022, the average annual growth rate of volume to South Korea stood at -10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-18.5% per year) and India (+14.9% per year).

In value terms, South Korea ($X) remains the key foreign market for reel fed letterpress printing machinery exports from Japan, comprising 50% of total exports. The second position in the ranking was held by China ($X), with a 16% share of total exports. It was followed by Thailand, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Korea amounted to -8.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (-9.8% per year) and Thailand (-16.7% per year).

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, rising by 120% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, reel fed letterpress printing machinery export price decreased by -11.8% against 2020 indices. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to India ($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 Malaysia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Japan

In 2022, after two years of growth, there was significant decline in supplies from abroad of reel fed letterpress printing machinery, when their volume decreased by -94.7% to X units. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 3,425% against the previous year. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports declined to $X in 2022. In general, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 16,750% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Switzerland (X units) was the main reel fed letterpress printing machinery supplier to Japan, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland totaled -85.6%.

In value terms, Switzerland ($X) constituted the largest supplier of reel fed letterpress printing machinery to Japan.

From 2012 to 2022, the average annual rate of growth in terms of value from Switzerland totaled +8.8%.

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, with an increase of 1,507% against the previous year. Overall, the import price continues to indicate a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +654.5% per year.

Source: IndexBox Platform

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