United Kingdom: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in the UK

The UK printers and copying machines market soared to $X in 2021, with an increase of 487% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Printers and copying machines consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Printers, Copying Machines And Facsimile Machines in the UK

In value terms, printers and copying machines production fell modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +86.8% against 2016 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 42% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell modestly in the following year.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from the UK

In 2021, exports of printers, copying machines and facsimile machines from the UK declined rapidly to X units, falling by -59.1% against 2020 figures. Over the period under review, exports saw a deep slump. The pace of growth appeared the most rapid in 2018 when exports increased by 86% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, printers and copying machines exports reduced rapidly to $X in 2021. Overall, exports continue to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of 86%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for printers and copying machines exports from the UK, accounting for a 26% share of total exports. Moreover, printers and copying machines exports to the United States exceeded the volume sent to the second major destination, Ireland (X units), twofold. Belgium (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-18.3% per year) and Belgium (+6.9% per year).

In value terms, the United States ($X), Germany ($X) and Ireland ($X) constituted the largest markets for printers and copying machines exported from the UK worldwide, together comprising 28% of total exports. These countries were followed by Belgium, the Netherlands, France, Poland, Italy, China, Spain, the United Arab Emirates, Hong Kong SAR and the Czech Republic, which together accounted for a further 23%.

Belgium, with a CAGR of +7.7%, 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

In 2021, the average printers and copying machines export price amounted to $X per unit, growing by 46% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +10.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, printers and copying machines export price increased by +60.9% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+24.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into the UK

In 2021, the amount of printers, copying machines and facsimile machines imported into the UK skyrocketed to X units, with an increase of 37% against the previous year. Overall, imports, however, saw a drastic downturn. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, printers and copying machines imports soared to $X in 2021. In general, imports, however, saw a slight slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), the Netherlands (X units) and China (X units) were the main suppliers of printers and copying machines imports to the UK, together accounting for 54% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of -5.1%), while imports for the other leaders experienced a decline.

In value terms, the Netherlands ($X), Germany ($X) and China ($X) constituted the largest printers and copying machines suppliers to the UK, with a combined 37% share of total imports. These countries were followed by the United States, Belgium, Vietnam, Hong Kong SAR and Thailand, which together accounted for a further 6.6%.

In terms of the main suppliers, Vietnam, with a CAGR of +1.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average printers and copying machines import price stood at $X per unit in 2021, jumping by 51% against the previous year. Overall, import price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +6.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, printers and copying machines import price increased by +54.3% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+17.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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