Northern America: Flexographic Printing Machinery Market 2025

Flexographic Printing Machinery Market Size in Northern America

The North American flexographic printing machinery market declined remarkably to $X in 2022, shrinking by -23% against the previous year. In general, consumption, however, posted buoyant growth. Over the period under review, the market attained the peak level at $X in 2021, and then contracted significantly in the following year.

Flexographic Printing Machinery Production in Northern America

In value terms, flexographic printing machinery production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 17% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Flexographic Printing Machinery Exports

Exports in Northern America

In 2022, overseas shipments of flexographic printing machinery increased by 0.9% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, showed a deep downturn. The pace of growth was the most pronounced in 2014 when exports increased by 37% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, flexographic printing machinery exports expanded sharply to $X in 2022. In general, exports, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2014 with an increase of 39% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United States prevails in exports structure, amounting to X units, which was near 96% of total exports in 2022. Canada (X units) held a little share of total exports.

The United States was also the fastest-growing in terms of the flexographic printing machinery exports, with a CAGR of -3.7% from 2012 to 2022. Canada (-17.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +12 percentage points.

In value terms, the United States ($X) remains the largest flexographic printing machinery supplier in Northern America, comprising 94% of total exports. The second position in the ranking was held by Canada ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States was relatively modest.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, with an increase of 12% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2016 when the export price increased by 18%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.0%).

Flexographic Printing Machinery Imports

Imports in Northern America

In 2022, imports of flexographic printing machinery in Northern America contracted significantly to X units, reducing by -40.2% compared with 2021. Over the period under review, imports, however, posted a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of 143% against the previous year. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, flexographic printing machinery imports dropped slightly to $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The purchases of the two major importers of flexographic printing machinery, namely the United States and Canada, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +11.5%).

In value terms, the United States ($X) constitutes the largest market for imported flexographic printing machinery in Northern America, comprising 86% of total imports. The second position in the ranking was taken by Canada ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +1.0%.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, surging by 67% against the previous year. Over the period under review, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2019 an increase of 104%. Over the period under review, import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, 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 United States ($X per unit), while Canada amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.2%).

Source: IndexBox Platform

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