Vietnam: Gravure Printing Machinery Market 2025

Gravure Printing Machinery Market Size in Vietnam

In 2022, after four years of decline, there was growth in the Vietnamese gravure printing machinery market, when its value increased by 2.6% to $X. In general, consumption, however, continues to indicate a strong increase. Gravure printing machinery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Gravure Printing Machinery Production in Vietnam

In value terms, gravure printing machinery production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 23% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Gravure Printing Machinery Exports

Exports from Vietnam

In 2022, overseas shipments of gravure printing machinery increased by 25% to X units, rising for the third year in a row after two years of decline. Overall, exports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 91% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, gravure printing machinery exports contracted markedly to $X in 2022. Over the period under review, exports, however, faced a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 264%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Qatar (X units), Taiwan (Chinese) (X units) and Cambodia (X units) were the main destinations of gravure printing machinery exports from Vietnam, with a combined 80% share of total exports. Moreover, gravure printing machinery exports in Qatar exceeded the figures recorded by the second-largest exporter, Taiwan (Chinese), twofold.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +9.1%), while shipments for the other leaders experienced a decline.

In value terms, Qatar ($X) emerged as the key foreign market for gravure printing machinery exports from Vietnam, comprising 69% of total exports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total exports. It was followed by Taiwan (Chinese), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of value to Qatar totaled +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-10.9% per year) and Taiwan (Chinese) (-30.5% per year).

Export Prices by Country

The average gravure printing machinery export price stood at $X per unit in 2022, shrinking by -40.9% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2020 an increase of 264%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Cambodia ($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 Qatar (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Gravure Printing Machinery Imports

Imports into Vietnam

In 2022, the amount of gravure printing machinery imported into Vietnam dropped to X units, declining by -3.6% against 2021 figures. Over the period under review, imports, however, saw strong growth. The pace of growth was the most pronounced in 2015 when imports increased by 506% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, gravure printing machinery imports amounted to $X in 2022. In general, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 456% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest gravure printing machinery supplier to Vietnam, accounting for a 67% share of total imports. Moreover, gravure printing machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), sixfold. France (X units) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +44.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+9.1% per year) and France (-3.5% per year).

In value terms, China ($X) constituted the largest supplier of gravure printing machinery to Vietnam, comprising 39% of total imports. The second position in the ranking was taken by Germany ($X), with a 16% share of total imports. It was followed by France, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +43.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.4% per year) and France (+5.6% per year).

Import Prices by Country

In 2022, the average gravure printing machinery import price amounted to $X per unit, with an increase of 11% against the previous year. Overall, the import price continues to indicate prominent growth. The growth pace was the most rapid in 2018 an increase of 97%. The import price peaked at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :