Portugal: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Portugal

The Portuguese market for reel fed letterpress printing machinery stood at $X in 2022, increasing by 5.8% against the previous year. Over the period under review, consumption saw a significant increase. Reel fed letterpress printing machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in Portugal

In value terms, reel fed letterpress printing machinery production soared to $X in 2022 estimated in export price. In general, production enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 408,304,600%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Portugal

In 2022, after three years of growth, there was significant decline in overseas shipments of reel fed letterpress printing machinery, when their volume decreased by -26.7% to X units. In general, exports saw a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of 129%. 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, reel fed letterpress printing machinery exports dropped dramatically to $X in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2014 with an increase of 63% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Spain (X units) was the main destination for reel fed letterpress printing machinery exports from Portugal, with a 83% share of total exports. Moreover, reel fed letterpress printing machinery exports to Spain exceeded the volume sent to the second major destination, the United States (X units), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Spain totaled -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+18.9% per year) and Angola (-25.8% per year).

In value terms, Spain ($X) remains the key foreign market for reel fed letterpress printing machinery exports from Portugal, comprising 89% of total exports. The second position in the ranking was taken by the United States ($X), with a 6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-1.3% per year) and Angola (-26.9% per year).

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, dropping by -4.3% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2016 an increase of 14%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per unit), while the average price for exports to the United States ($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 Angola (-1.5%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Portugal

In 2022, the amount of reel fed letterpress printing machinery imported into Portugal plummeted to X units, shrinking by -31.9% against the previous year's figure. Over the period under review, imports recorded a slight curtailment. The growth pace was the most rapid in 2021 when imports increased by 96% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports shrank notably to $X in 2022. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 117%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X units) was the main reel fed letterpress printing machinery supplier to Portugal, accounting for a 91% share of total imports. Moreover, reel fed letterpress printing machinery imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Spain (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-2.8% per year) and China (0.0% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of reel fed letterpress printing machinery to Portugal, comprising 84% of total imports. The second position in the ranking was taken by China ($X), with an 8.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled -9.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+19.8% per year) and Spain (-0.8% per year).

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, falling by -14.8% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 an increase of 28%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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