Spain: Gravure Printing Machinery Market 2025

Gravure Printing Machinery Market Size in Spain

In 2022, the Spanish gravure printing machinery market decreased by -41.6% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then declined sharply in the following year.

Gravure Printing Machinery Production in Spain

In value terms, gravure printing machinery production totaled $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 4.5% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Gravure Printing Machinery Exports

Exports from Spain

In 2022, the amount of gravure printing machinery exported from Spain shrank significantly to X units, dropping by -29.6% compared with 2021 figures. Overall, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 567% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then reduced notably in the following year.

In value terms, gravure printing machinery exports amounted to $X in 2022. In general, exports saw a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by 697% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Italy (X units), Switzerland (X units) and Poland (X units) were the main destinations of gravure printing machinery exports from Spain, together accounting for 68% of total exports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +29.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gravure printing machinery exported from Spain were Italy ($X), Morocco ($X) and Poland ($X), together comprising 90% of total exports.

Italy, with a CAGR of +24.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average gravure printing machinery export price stood at $X per unit in 2022, with an increase of 55% against the previous year. In general, the export price, however, faced a significant decline. The most prominent rate of growth was recorded in 2018 an increase of 959%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($X per unit), while the average price for exports to Mexico ($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 Italy (-3.9%), while the prices for the other major destinations experienced a decline.

Gravure Printing Machinery Imports

Imports into Spain

After three years of growth, overseas purchases of gravure printing machinery decreased by -96.4% to X units in 2022. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 1,658% against the previous year. Imports peaked at X units in 2021, and then dropped notably in the following year.

In value terms, gravure printing machinery imports shrank significantly to $X in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 556%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Japan (X units), Germany (X units) and the United States (X units) were the main suppliers of gravure printing machinery imports to Spain, with a combined 92% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Japan (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of gravure printing machinery to Spain, comprising 74% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Japan, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to -20.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+40.8% per year) and Japan (0.0% per year).

Import Prices by Country

The average gravure printing machinery import price stood at $X per unit in 2022, declining by -51% against the previous year. Overall, the import price faced a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 324%. As a result, import price reached the peak level of $X per unit. From 2018 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 China ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+40.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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