United Kingdom: Market for Reel Fed Letterpress Printing Machinery 2025

Market Size for Reel Fed Letterpress Printing Machinery in the UK

The UK market for reel fed letterpress printing machinery shrank modestly to $X in 2022, approximately equating the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +25.9% against 2020 indices. Reel fed letterpress printing machinery consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in the UK

In value terms, reel fed letterpress printing machinery production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 10% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from the UK

In 2022, the amount of reel fed letterpress printing machinery exported from the UK declined to X units, falling by -14.5% compared with the previous year's figure. Over the period under review, exports saw a sharp slump. The pace of growth was the most pronounced in 2020 with an increase of 2,047% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports shrank rapidly to $X in 2022. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2020 with an increase of 697% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Madagascar (X units) was the main destination for reel fed letterpress printing machinery exports from the UK, with a 68% share of total exports. Moreover, reel fed letterpress printing machinery exports to Madagascar exceeded the volume sent to the second major destination, Ireland (X units), sixfold. The third position in this ranking was taken by Belgium (X units), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to Madagascar totaled +44.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (+32.0% per year) and Belgium (+27.1% per year).

In value terms, the largest markets for reel fed letterpress printing machinery exported from the UK were South Korea ($X), Madagascar ($X) and Belgium ($X), with a combined 72% share of total exports.

In terms of the main countries of destination, Madagascar, with a CAGR of +48.7%, recorded the highest rates of growth with regard to 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 export price for reel fed letterpress printing machinery stood at $X per unit in 2022, waning by -24.6% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2019 an increase of 96%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Madagascar ($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 South Korea (+34.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into the UK

In 2022, the amount of reel fed letterpress printing machinery imported into the UK surged to X units, increasing by 143% compared with the previous year. In general, imports saw a resilient increase. The pace of growth was the most pronounced in 2014 when imports increased by 1,400% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports soared to $X in 2022. Over the period under review, imports, however, showed a pronounced setback. The pace of growth was the most pronounced in 2014 with an increase of 1,686% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Spain (X units) constituted the largest reel fed letterpress printing machinery supplier to the UK, with a 62% share of total imports. Moreover, reel fed letterpress printing machinery imports from Spain exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), twofold. Ireland (X units) ranked third in terms of total imports with a 5.9% share.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +40.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (0.0% per year) and Ireland (-12.9% per year).

In value terms, Denmark ($X) constituted the largest supplier of reel fed letterpress printing machinery to the UK, comprising 95% of total imports. The second position in the ranking was held by Spain ($X), with a 2.2% share of total imports. It was followed by Turkey, with a 1.3% share.

From 2012 to 2022, the average annual growth rate of value from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+72.4% per year) and Turkey (-36.7% per year).

Import Prices by Country

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, rising by 24% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 372% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Denmark ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+22.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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