Global Printing Components Market 2024

Printing Components Market Size

In 2022, the global printing components market increased by 5.1% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 8.5%. Over the period under review, the global market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Printing Components Production

In value terms, printing components production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a slight contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 9.3% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, global production growth failed to regain momentum.

Printing Components Exports

Exports

In 2022, the amount of printing components exported worldwide contracted to X tons, which is down by -8.9% against 2021. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 7.9% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, printing components exports declined modestly to $X in 2022. In general, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 8.5% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Germany (X tons), distantly followed by China (X tons), Turkey (X tons), Italy (X tons) and Switzerland (X tons) represented the largest exporters of printing components, together constituting 56% of total exports. The following exporters - Poland (X tons), the Czech Republic (X tons), the UK (X tons), India (X tons), France (X tons), Malaysia (X tons), Greece (X tons) and the United States (X tons) - together made up 24% of total exports.

From 2012 to 2022, average annual rates of growth with regard to printing components exports from Germany stood at -11.8%. At the same time, Greece (+14.4%), Turkey (+8.6%), China (+1.9%) and Poland (+1.3%) displayed positive paces of growth. Moreover, Greece emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.4% from 2012-2022. By contrast, Malaysia (-5.2%), the Czech Republic (-6.6%), Italy (-8.9%), India (-10.4%), Switzerland (-13.1%), the UK (-18.4%), France (-20.4%) and the United States (-21.1%) illustrated a downward trend over the same period. While the share of China (+9.9 p.p.), Turkey (+7.1 p.p.), Poland (+2.7 p.p.), Greece (+2.1 p.p.), the Czech Republic (+1.6 p.p.) and Malaysia (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the UK (-3.6 p.p.), the United States (-4.2 p.p.) and France (-5.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), China ($X) and Switzerland ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for 44% of global exports. The United States, Italy, Poland, the Czech Republic, the UK, Turkey, France, Malaysia, India and Greece lagged somewhat behind, together comprising a further 34%.

Turkey, with a CAGR of +10.4%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average printing components export price amounted to $X per ton, picking up by 9% against the previous year. In general, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, printing components export price increased by +69.7% against 2015 indices. The growth pace was the most rapid in 2018 when the average export price increased by 35%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.5%), while the other global leaders experienced more modest paces of growth.

Printing Components Imports

Imports

After two years of growth, supplies from abroad of printing components decreased by -35.1% to X tons in 2022. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, global imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, printing components imports fell notably to $X in 2022. In general, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Global imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Nigeria (X tons), followed by India (X tons), Germany (X tons) and Palestine (X tons) represented the major importers of printing components, together making up 51% of total imports. The following importers - Malaysia (X tons), Russia (X tons), the Czech Republic (X tons), Austria (X tons), Switzerland (X tons), France (X tons) and Italy (X tons) - together made up 16% of total imports.

From 2012 to 2022, the biggest increases were recorded for Nigeria (with a CAGR of +42.8%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest printing components importing markets worldwide were India ($X), Germany ($X) and Nigeria ($X), together comprising 20% of global imports.

Nigeria, with a CAGR of +29.1%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average printing components import price stood at $X per ton in 2022, with an increase of 31% against the previous year. Overall, the import price, however, recorded a mild slump. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while Palestine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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