Overview of the Global Market for Reel Fed Offset Printing Machinery

Market Size for Reel Fed Offset Printing Machinery

The global market for reel fed offset printing machinery skyrocketed to $X in 2022, increasing by 19% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the global market remained at a lower figure.

Production of Reel Fed Offset Printing Machinery

In value terms, reel fed offset printing machinery production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 19% against the previous year. Global production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports

In 2022, overseas shipments of reel fed offset printing machinery were finally on the rise to reach X units after three years of decline. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2018 with an increase of 49% against the previous year. The global exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, reel fed offset printing machinery exports amounted to $X in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 25%. Over the period under review, the global exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK dominates exports structure, accounting for X units, which was approx. 51% of total exports in 2022. Singapore (X units) took a 9.9% share (based on physical terms) of total exports, which put it in second place, followed by Italy (5.3%) and the United States (5.1%). Japan (X units), India (X units), South Africa (X units), Turkey (X units), France (X units), Australia (X units), Thailand (X units) and Spain (X units) followed a long way behind the leaders.

Exports from the UK decreased at an average annual rate of -9.9% from 2012 to 2022. At the same time, Turkey (+47.3%), India (+31.9%), Singapore (+17.0%), South Africa (+10.8%), Australia (+5.4%), Thailand (+2.5%) and Italy (+1.6%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +47.3% from 2012-2022. By contrast, France (-2.0%), the United States (-3.8%), Japan (-7.5%) and Spain (-7.7%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore, Italy, India, Turkey, South Africa, the United States and Australia increased by +9.1, +3.5, +3.1, +2.9, +2.6, +2.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the UK ($X) remains the largest reel fed offset printing machinery supplier worldwide, comprising 22% of global exports. The second position in the ranking was taken by the United States ($X), with a 7.9% share of global exports. It was followed by Japan, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the UK was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (-12.3% per year) and Japan (-11.8% per year).

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, falling by -19.2% against the previous year. Over the period under review, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of 36% against the previous year. The global export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.6%), while the other global leaders experienced mixed trends in the export price figures.

Imports of Reel Fed Offset Printing Machinery

Imports

In 2022, supplies from abroad of reel fed offset printing machinery increased by 105% to X units, rising for the second consecutive year after four years of decline. In general, imports, however, recorded a pronounced slump. Over the period under review, global imports hit record highs at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, reel fed offset printing machinery imports amounted to $X in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 13%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X units) was the key importer of reel fed offset printing machinery, mixing up 48% of total imports. The UK (X units) ranks second in terms of the total imports with a 12% share, followed by the Netherlands (11%). Cuba (X units), Hong Kong SAR (X units), the Dominican Republic (X units), Norway (X units) and Egypt (X units) took a relatively small share of total imports.

Spain was also the fastest-growing in terms of the reel fed offset printing machinery imports, with a CAGR of +60.8% from 2012 to 2022. At the same time, Cuba (+22.8%), the Dominican Republic (+22.2%) and the Netherlands (+4.2%) displayed positive paces of growth. By contrast, Norway (-2.3%), the UK (-15.7%), Hong Kong SAR (-18.9%) and Egypt (-21.7%) illustrated a downward trend over the same period. Spain (+48 p.p.), the Netherlands (+6 p.p.) and Cuba (+3.3 p.p.) significantly strengthened its position in terms of the global imports, while Hong Kong SAR, Egypt and the UK saw its share reduced by -6.8%, -9.8% and -31.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest reel fed offset printing machinery importing markets worldwide were Spain ($X), the Netherlands ($X) and the UK ($X), together accounting for 35% of global imports.

Among the main importing countries, Spain, with a CAGR of +23.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, waning by -46.7% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 160%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.5%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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