Spain: Printing Press Market 2024

Printing Press Market Size in Spain

The Spanish printing press market surged to $X in 2022, rising by 1,117% against the previous year. Overall, consumption saw a resilient expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Printing Press Production in Spain

In value terms, printing press production skyrocketed to $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +83.5% against 2020 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Printing Press Exports

Exports from Spain

In 2022, shipments abroad of printing presses increased by 35% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of +5.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing press exports soared to $X in 2022. In general, exports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2017 with an increase of 19%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), the Dominican Republic (X units) and Italy (X units) were the main destinations of printing press exports from Spain, with a combined 36% share of total exports. Poland, France, Israel, Mexico, Peru, South Korea, Brazil, Equatorial Guinea, Morocco and Andorra lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +84.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), the United States ($X) and South Korea ($X) were the largest markets for printing press exported from Spain worldwide, with a combined 27% share of total exports. Brazil, Italy, France, Poland, Morocco, the Dominican Republic, Israel, Peru, Equatorial Guinea and Andorra lagged somewhat behind, together accounting for a further 22%.

Among the main countries of destination, Poland, with a CAGR of +69.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, dropping by -12.7% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 35% against the previous year. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Andorra ($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 Morocco (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into Spain

In 2022, supplies from abroad of printing presses increased by 256% to X units, rising for the second year in a row after three years of decline. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing press imports totaled $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of printing press to Spain, with a 66% share of total imports. Moreover, printing press imports from Austria exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. The third position in this ranking was held by Germany (X units), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from Austria totaled +89.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.7% per year) and Germany (+4.3% per year).

In value terms, the largest printing press suppliers to Spain were Germany ($X), Italy ($X) and Austria ($X), with a combined 72% share of total imports.

Among the main suppliers, Austria, with a CAGR of +37.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average printing press import price stood at $X per unit in 2022, reducing by -69.3% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 74%. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($X per unit), while the price for Austria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :