Sweden: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Sweden

The Swedish market for reel fed letterpress printing machinery contracted notably to $X in 2022, waning by -60% against the previous year. Overall, consumption continues to indicate a precipitous decline. Reel fed letterpress printing machinery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Sweden

In value terms, reel fed letterpress printing machinery production totaled $X in 2022 estimated in export price. Overall, production continues to indicate a precipitous contraction. The pace of growth was the most pronounced in 2015 with an increase of 57,635,400%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Sweden

In 2022, after three years of decline, there was significant decline in overseas shipments of reel fed letterpress printing machinery, when their volume decreased by -61.5% to X units. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 471% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, reel fed letterpress printing machinery exports skyrocketed to $X in 2022. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 9,663% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Israel (X units) was the main destination for reel fed letterpress printing machinery exports from Sweden, with a 80% share of total exports. Moreover, reel fed letterpress printing machinery exports to Israel exceeded the volume sent to the second major destination, the United States (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Israel was relatively modest.

In value terms, Israel ($X) emerged as the key foreign market for reel fed letterpress printing machinery exports from Sweden, comprising 100% of total exports. The second position in the ranking was held by the United States ($X), with a 0.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Israel was relatively modest.

Export Prices by Country

In 2022, the average export price for reel fed letterpress printing machinery amounted to $X per unit, rising by 1,168% against the previous year. Over the period under review, the export price saw a resilient increase. The growth pace was the most rapid in 2017 when the average export price increased by 6,873% 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 remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per unit), while the average price for exports to the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Sweden

Reel fed letterpress printing machinery imports into Sweden declined significantly to X units in 2022, which is down by -64.7% compared with the year before. Overall, imports showed a sharp reduction. The growth pace was the most rapid in 2016 when imports increased by 600% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports soared to $X in 2022. Over the period under review, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2017 with an increase of 183,317%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest reel fed letterpress printing machinery supplier to Sweden, with a 50% share of total imports. Moreover, reel fed letterpress printing machinery imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Denmark (X units) ranked third in terms of total imports with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (0.0% per year) and Denmark (0.0% per year).

In value terms, Denmark ($X) constituted the largest supplier of reel fed letterpress printing machinery to Sweden, comprising 99% of total imports. The second position in the ranking was taken by China ($X), with a 0.8% share of total imports. It was followed by the United States, with a 0.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.7% per year) and the United States (0.0% per year).

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, rising by 11,009% against the previous year. Over the period under review, the import price posted a buoyant expansion. The most prominent rate of growth was recorded in 2017 an increase of 160,390% against the previous year. As a result, import price reached the peak level of $X per unit. From 2018 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 Denmark ($X per unit), while the price for the UK ($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 (-1.7%).

Source: IndexBox Platform

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