Report Update Nov 1, 2024

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

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Singapore: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in Singapore

The Singaporean gravure printing machinery market rose remarkably to $X in 2022, surging by 5% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Gravure printing machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gravure Printing Machinery Production in Singapore

In value terms, gravure printing machinery production shrank modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 9.1% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Gravure Printing Machinery Exports

Exports from Singapore

In 2022, shipments abroad of gravure printing machinery was finally on the rise to reach X units after two years of decline. Over the period under review, exports continue to indicate buoyant growth. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, gravure printing machinery exports soared to $X in 2022. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units) and Thailand (X units) were the main destinations of gravure printing machinery exports from Singapore.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of +91.3%).

From 2012 to 2022, the average annual growth rate of value to Indonesia amounted to -11.7%.

Export Prices by Country

In 2022, the average gravure printing machinery export price amounted to $X per unit, rising by 932% against the previous year. Over the period under review, the export price, however, recorded a sharp downturn. The pace of growth appeared the most rapid in 2018 an increase of 2,373% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Thailand amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (-0.8%), while the prices for the other major destinations experienced a decline.

Gravure Printing Machinery Imports

Imports into Singapore

In 2022, after two years of decline, there was significant growth in supplies from abroad of gravure printing machinery, when their volume increased by 828% to X units. Over the period under review, imports showed a temperate expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gravure printing machinery imports shrank to $X in 2022. Overall, imports, however, continue to indicate a significant curtailment. The growth pace was the most rapid in 2016 with an increase of 235%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Korea (X units) constituted the largest gravure printing machinery supplier to Singapore, with a 77% share of total imports. Moreover, gravure printing machinery imports from South Korea exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. Japan (X units) ranked third in terms of total imports with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from South Korea amounted to +147.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+7.6% per year) and Japan (+21.5% per year).

In value terms, Malaysia ($X), South Korea ($X) and Japan ($X) were the largest gravure printing machinery suppliers to Singapore, together comprising 84% of total imports.

In terms of the main suppliers, South Korea, with a CAGR of +30.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average gravure printing machinery import price amounted to $X per unit, shrinking by -89.4% against the previous year. Overall, the import price recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2019 an increase of 201% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Japan ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (-14.8%), while the prices for the other major suppliers experienced a decline.

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, with a combined 47% share of global consumption. Japan, Turkey, Indonesia, the United States, Vietnam, Taiwan Chinese), Thailand, Russia, Spain and Ghana lagged somewhat behind, together accounting 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. Germany ranked third in terms of total production with a 7.4% share.

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

In value terms, China constituted the largest supplier of gravure printing machinery to Singapore.

What are the leading importers of gravure printing machinery from Singapore?

In value terms, Indonesia remains the key foreign market for gravure printing machinery exports from Singapore.

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

The average gravure printing machinery export price stood at $27,226 per ton in 2021, picking up by 2.3% against the previous year.

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

In 2021, the average gravure printing machinery import price amounted to $11,532 per ton, with a decrease of -47.9% against the previous year.

This report provides an in-depth analysis of the gravure printing machinery market in Singapore. 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:

Singapore

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Singapore
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