Report Update Nov 1, 2024

Philippines - Gravure Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in the Philippines

The Philippine gravure printing machinery market declined rapidly to $X in 2022, reducing by -42.9% against the previous year. Over the period under review, consumption continues to indicate a precipitous setback. Gravure printing machinery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Gravure Printing Machinery Production in the Philippines

In value terms, gravure printing machinery production reduced modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2015 with an increase of 24%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Gravure Printing Machinery Exports

Exports from the Philippines

In 2022, overseas shipments of gravure printing machinery increased by 100% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by 1,050%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, gravure printing machinery exports surged to $X in 2022. Overall, exports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 1,768% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea (X units) was the main destination for gravure printing machinery exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to South Korea totaled +32.0%.

In value terms, South Korea ($X) also remains the key foreign market for gravure printing machinery exports from the Philippines.

From 2012 to 2022, the average annual growth rate of value to South Korea stood at +28.2%.

Export Prices by Country

The average gravure printing machinery export price stood at $X per unit in 2022, falling by -2.3% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2016 an increase of 62%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -2.8% per year.

Gravure Printing Machinery Imports

Imports into the Philippines

Gravure printing machinery imports into the Philippines declined rapidly to X units in 2022, with a decrease of -99.1% compared with the previous year. In general, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2019 when imports increased by 1,376%. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, gravure printing machinery imports declined dramatically to $X in 2022. Overall, imports recorded a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 103% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main gravure printing machinery supplier to the Philippines, accounting for a 94% share of total imports. It was followed by Italy (X units), with a 1.7% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of volume from China totaled -12.3%.

In value terms, China ($X) constituted the largest supplier of gravure printing machinery to the Philippines, comprising 96% of total imports. The second position in the ranking was taken by Italy ($X), with a 1.4% share of total imports.

From 2017 to 2022, the average annual rate of growth in terms of value from China totaled -3.2%.

Import Prices by Country

In 2022, the average gravure printing machinery import price amounted to $X per unit, jumping by 6,696% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat 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 Italy stood at $X per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gravure printing machinery in the world?

The countries with the highest volumes of in 2021 were Italy, Nigeria and the Netherlands, together comprising 47% of global consumption. These countries were followed by Japan, Turkey, Indonesia, the United States, Vietnam, Taiwan Chinese), Thailand, Russia, Spain and Ghana, which together accounted for a further 32%.

What are the largest producers of gravure printing machinery in the world?

The country with the largest volume of gravure printing machinery production was China, accounting for 49% of total volume. Moreover, gravure printing machinery production in China exceeded the figures recorded by the second-largest producer, Italy, twofold. The third position in this ranking was occupied by Germany, with a 7.4% share.

What are the leading suppliers of gravure printing machinery to the Philippines?

In value terms, the largest gravure printing machinery suppliers to the Philippines were South Korea, China and Germany, with a combined 94% share of total imports.

What is the average export price for gravure printing machinery in the Philippines?

In 2019, the average gravure printing machinery export price amounted to $20,965 per ton, growing by 1.5% against the previous year.

What is the average import price for gravure printing machinery in the Philippines?

The average gravure printing machinery import price stood at $20,038 per ton in 2021, falling by -21.8% against the previous year.

This report provides an in-depth analysis of the gravure printing machinery market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28991450 - Gravure printing machinery

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023