Northern America: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in Northern America

In 2022, the North American market for reel fed letterpress printing machinery decreased by -0.1% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in Northern America

In value terms, reel fed letterpress printing machinery production stood at $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 24% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Northern America

In 2022, exports of reel fed letterpress printing machinery in Northern America reduced sharply to X units, waning by -30.7% against the year before. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2014 with an increase of 154% 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 somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports shrank remarkably to $X in 2022. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 202%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, the United States (X units), distantly followed by Canada (X units) were the key exporters of reel fed letterpress printing machinery, together comprising 100% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +0.4%).

In value terms, the United States ($X) remains the largest reel fed letterpress printing machinery supplier in Northern America, comprising 81% of total exports. The second position in the ranking was held by Canada ($X), with a 19% share of total exports.

In the United States, reel fed letterpress printing machinery exports plunged by an average annual rate of -14.4% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, waning by -5.9% against the previous year. Over the period under review, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when the export price increased by 40%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($X per unit), while Canada totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.6%).

Imports of Reel Fed Letterpress Printing Machinery

Imports in Northern America

In 2022, overseas purchases of reel fed letterpress printing machinery decreased by -51.7% to X units, falling for the second consecutive year after three years of growth. Overall, imports continue to indicate a sharp descent. The pace of growth was the most pronounced in 2020 with an increase of 604% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports declined dramatically to $X in 2022. In general, imports faced a precipitous descent. The pace of growth was the most pronounced in 2020 with an increase of 261%. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States was the main importing country with an import of about X units, which reached 69% of total imports. Canada (X units) took the second position in the ranking, distantly followed by Bermuda (X units). All these countries together took near 31% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to reel fed letterpress printing machinery imports into the United States stood at -29.1%. Canada (-1.3%) and Bermuda (-4.0%) illustrated a downward trend over the same period. While the share of Canada (+23 p.p.) and Bermuda (+6.4 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (-29.3 p.p.) displayed negative dynamics.

In value terms, the largest reel fed letterpress printing machinery importing markets in Northern America were Canada ($X), the United States ($X) and Bermuda ($X).

Canada, with a CAGR of +1.1%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2022, reducing by -31.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 95%. Over the period under review, import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while Bermuda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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