Japan: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Japan

The Japanese market for reel fed offset printing machinery soared to $X in 2022, picking up by 36% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Reel fed offset printing machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in Japan

In value terms, reel fed offset printing machinery production totaled $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 5.5% against the previous year. Reel fed offset printing machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports from Japan

In 2022, approx. X units of reel fed offset printing machinery were exported from Japan; falling by -38.5% compared with the previous year. In general, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 when exports increased by 72% against the previous year. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, reel fed offset printing machinery exports shrank rapidly to $X in 2022. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when exports increased by 41%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for reel fed offset printing machinery exports from Japan, accounting for a 34% share of total exports. Moreover, reel fed offset printing machinery exports to China exceeded the volume sent to the second major destination, Vietnam (X units), fourfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 5.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (+11.1% per year) and the United Arab Emirates (+0.9% per year).

In value terms, China ($X) remains the key foreign market for reel fed offset printing machinery exports from Japan, comprising 32% of total exports. The second position in the ranking was held by Russia ($X), with a 14% share of total exports. It was followed by Thailand, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to China stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+85.0% per year) and Thailand (+14.8% per year).

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, with an increase of 30% against the previous year. Over the period under review, the export price, however, recorded a noticeable descent. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 India ($X per unit), while the average price for exports to Lao People's Democratic Republic ($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 Lao People's Democratic Republic (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Offset Printing Machinery

Imports into Japan

In 2022, the amount of reel fed offset printing machinery imported into Japan declined markedly to X units, waning by -98.2% on 2021 figures. Overall, imports saw a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 177% against the previous year. Over the period under review, imports reached the peak figure at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, reel fed offset printing machinery imports contracted remarkably to $X in 2022. Over the period under review, imports showed a precipitous decline. The growth pace was the most rapid in 2021 when imports increased by 89%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

China (X units) and Taiwan (Chinese) (X units) were the main suppliers of reel fed offset printing machinery imports to Japan. Moreover, reel fed offset printing machinery imports in China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese), twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of 0.0%).

In value terms, China ($X) constituted the largest supplier of reel fed offset printing machinery to Japan, comprising 77% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 23% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -31.7%.

Import Prices by Country

In 2022, the average import price for reel fed offset printing machinery amounted to $X per unit, picking up by 376% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible decrease. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while the price for Taiwan (Chinese) stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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