Mexico: Flexographic Printing Machinery Market 2025

Flexographic Printing Machinery Market Size in Mexico

After three years of decline, the Mexican flexographic printing machinery market increased by 73% to $X in 2022. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Flexographic Printing Machinery Production in Mexico

In value terms, flexographic printing machinery production stood at $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the peak level in 2022 and is expected to retain growth in years to come.

Flexographic Printing Machinery Exports

Exports from Mexico

In 2022, flexographic printing machinery exports from Mexico dropped significantly to X units, waning by -66.7% on the previous year. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 214%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, flexographic printing machinery exports skyrocketed to $X in 2022. Overall, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2020 when exports increased by 243% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for flexographic printing machinery exports from Mexico, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -14.0%.

In value terms, the United States ($X) also remains the key foreign market for flexographic printing machinery exports from Mexico.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -8.0%.

Export Prices by Country

In 2022, the average flexographic printing machinery export price amounted to $X per unit, rising by 263% against the previous year. In general, the export price posted a tangible expansion. Over the period under review, the average export prices attained the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.9% per year.

Flexographic Printing Machinery Imports

Imports into Mexico

In 2022, after four years of decline, there was significant growth in purchases abroad of flexographic printing machinery, when their volume increased by 30% to X units. Overall, imports, however, recorded a pronounced decrease. The pace of growth was the most pronounced in 2015 with an increase of 57%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, flexographic printing machinery imports surged to $X in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when imports increased by 92% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest flexographic printing machinery supplier to Mexico, accounting for a 70% share of total imports. Moreover, flexographic printing machinery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+3.6% per year) and Germany (+1.2% per year).

In value terms, the largest flexographic printing machinery suppliers to Mexico were the United States ($X), China ($X) and Germany ($X), together comprising 78% of total imports.

Among the main suppliers, China, with a CAGR of +13.3%, saw the highest rates of growth with regard to 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

In 2022, the average flexographic printing machinery import price amounted to $X per unit, growing by 29% against the previous year. In general, the import price posted a modest increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 90%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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