Spain: Market for Reel Fed Offset Printing Machinery 2025

Market Size for Reel Fed Offset Printing Machinery in Spain

After three years of decline, the Spanish market for reel fed offset printing machinery increased by 1,116% to $X in 2022. Over the period under review, consumption showed significant growth. Reel fed offset printing machinery consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Reel Fed Offset Printing Machinery in Spain

In value terms, reel fed offset printing machinery production stood at less than $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with a decrease of 99.9% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports from Spain

In 2022, shipments abroad of reel fed offset printing machinery increased by 83% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of 119%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel fed offset printing machinery exports declined markedly to $X in 2022. In general, exports, however, showed a deep downturn. The growth pace was the most rapid in 2021 with an increase of 219%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X units) was the main destination for reel fed offset printing machinery exports from Spain, accounting for a 40% share of total exports. Moreover, reel fed offset printing machinery exports to Hungary exceeded the volume sent to the second major destination, Iran (X units), threefold. The Czech Republic (X units) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual growth rate of volume to Hungary stood at +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+98.2% per year) and the Czech Republic (0.0% per year).

In value terms, the largest markets for reel fed offset printing machinery exported from Spain were Italy ($X), Portugal ($X) and Hungary ($X), with a combined 61% share of total exports. Russia, India, Poland, Iran, the Czech Republic, Germany, Burkina Faso, Saudi Arabia and Greece lagged somewhat behind, together comprising a further 28%.

Iran, with a CAGR of +95.9%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, waning by -82.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by 152%. The export price peaked at $X per unit in 2021, and then declined sharply in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Greece ($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 (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Offset Printing Machinery

Imports into Spain

In 2022, supplies from abroad of reel fed offset printing machinery increased by 1,207% to X units, rising for the second consecutive year after two years of decline. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reel fed offset printing machinery imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Austria (X units) constituted the largest supplier of reel fed offset printing machinery to Spain, accounting for a 86% share of total imports. Moreover, reel fed offset printing machinery imports from Austria exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by China (X units), with a 2.9% share.

From 2012 to 2022, the average annual growth rate of volume from Austria amounted to +92.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+79.8% per year) and China (+47.2% per year).

In value terms, the largest reel fed offset printing machinery suppliers to Spain were Austria ($X), Germany ($X) and China ($X), with a combined 84% share of total imports.

China, with a CAGR of +47.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, reducing by -74% against the previous year. Overall, the import price showed a dramatic descent. The pace of growth was the most pronounced in 2016 an increase of 123%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 China (+0.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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