Pakistan: Printing Press Market 2024

Printing Press Market Size in Pakistan

The Pakistani printing press market reduced remarkably to $X in 2022, dropping by -18% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a notable increase. Printing press consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Printing Press Exports

Exports from Pakistan

In 2022, approx. X units of printing presses were exported from Pakistan; jumping by 37% against the previous year. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 227%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, printing press exports contracted to $X in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2018 with an increase of 300% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for printing press exports from Pakistan, with a 68% share of total exports. Moreover, printing press exports to Italy exceeded the volume sent to the second major destination, the United Arab Emirates (X units), threefold. The third position in this ranking was held by Germany (X units), with a 2.6% share.

From 2012 to 2022, the average annual growth rate of volume to Italy amounted to +41.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+17.3% per year) and Germany (+13.9% per year).

In value terms, Italy ($X) remains the key foreign market for printing presses exports from Pakistan, comprising 64% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 7.9% share of total exports. It was followed by the UK, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +16.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+9.0% per year) and the UK (+6.8% per year).

Export Prices by Country

In 2022, the average printing press export price amounted to $X per unit, which is down by -33.9% against the previous year. Over the period under review, the export price recorded a slight decline. The growth pace was the most rapid in 2018 when the average export price increased by 107% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 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 the UK ($X per unit), while the average price for exports to the United Arab Emirates ($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 South Sudan (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Pakistan

In 2022, printing press imports into Pakistan contracted significantly to X units, which is down by -35.1% against 2021. Over the period under review, imports, however, saw a moderate expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 76%. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, printing press imports totaled $X in 2022. In general, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 51% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Japan (X units) were the main suppliers of printing press imports to Pakistan, with a combined 72% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of +25.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of printing presses to Pakistan, comprising 39% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by Italy, with a 7.8% share.

From 2012 to 2022, the average annual growth rate of value from Germany totaled +9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+3.8% per year) and Italy (-5.7% per year).

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, surging by 55% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a 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 ($X per unit), while the price for Japan ($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 (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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