Report Update Jan 1, 2025

Philippines - Reel Fed Letterpress Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in the Philippines

In 2022, the Philippine market for reel fed letterpress printing machinery was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a deep reduction. Reel fed letterpress printing machinery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from the Philippines

In 2022, reel fed letterpress printing machinery exports from the Philippines soared to X units, surging by 17% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 713% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, reel fed letterpress printing machinery exports reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 3,171%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units) and France (X units) were the main destinations of reel fed letterpress printing machinery exports from the Philippines.

From 2019 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Japan (with a CAGR of +218.3%).

In value terms, Japan ($X) and France ($X) appeared to be the largest markets for reel fed letterpress printing machinery exported from the Philippines worldwide.

Among the main countries of destination, France, with a CAGR of +129.2%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, which is down by -19.8% against the previous year. Overall, the export price showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 302%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Japan amounted to $X per unit.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-26.2%).

Imports of Reel Fed Letterpress Printing Machinery

Imports into the Philippines

In 2022, purchases abroad of reel fed letterpress printing machinery increased by 690% to X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt setback. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports surged to $X in 2022. Overall, imports, however, faced a deep contraction. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Taiwan (Chinese) (X units) constituted the largest supplier of reel fed letterpress printing machinery to the Philippines, accounting for a 74% share of total imports. Moreover, reel fed letterpress printing machinery imports from Taiwan (Chinese) exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by Japan (X units), with a 0.1% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Taiwan (Chinese) totaled +45.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+131.6% per year) and Japan (-68.2% per year).

In value terms, Taiwan (Chinese) ($X), Japan ($X) and Italy ($X) were the largest reel fed letterpress printing machinery suppliers to the Philippines, together accounting for 99% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +55.5%, 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 mixed trend patterns.

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, picking up by 35% against the previous year. Overall, the import price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 310% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+185.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reel fed letterpress printing machinery in the world?

The country with the largest volume of reel fed letterpress printing machinery consumption was China, comprising approx. 35% of total volume. Moreover, reel fed letterpress printing machinery consumption in China exceeded the figures recorded by the second-largest consumer, Austria, twofold. The third position in this ranking was occupied by Brazil, with a 10% share.

What are the largest producers of reel fed letterpress printing machinery in the world?

China remains the largest reel fed letterpress printing machinery producing country worldwide, accounting for 58% of total volume. Moreover, reel fed letterpress printing machinery production in China exceeded the figures recorded by the second-largest producer, Italy, fourfold. The third position in this ranking was occupied by Japan, with a 7% share.

What are the leading suppliers of reel fed letterpress printing machinery to the Philippines?

In value terms, Japan constituted the largest supplier of reel fed letterpress printing machinery to the Philippines, comprising 44% of total imports. The second position in the ranking was occupied by Taiwan Chinese), with a 20% share of total imports. It was followed by the United States, with a 13% share.

What are the leading importers of reel fed letterpress printing machinery from the Philippines?

In value terms, Japan remains the key foreign market for reel fed letterpress printing machinery exports from the Philippines, comprising 87% of total exports. The second position in the ranking was occupied by France, with a 13% share of total exports.

What is the average export price for reel fed letterpress printing machinery in the Philippines?

The average export price for reel fed letterpress printing machinery stood at $40,996 per ton in 2021, surging by 100% against the previous year.

What is the average import price for reel fed letterpress printing machinery in the Philippines?

The average import price for reel fed letterpress printing machinery stood at $21,647 per ton in 2021, rising by 12% against the previous year.

This report provides an in-depth analysis of the market for reel fed letterpress printing machinery 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 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024