Price for Book-Binding Machinery; Including Book-Sewing Machines in the United States - 2023
Contents:
- Price for Book-Binding Machinery; Including Book-Sewing Machines in the United States (CIF) - 2022
- Price for Book-Binding Machinery; Including Book-Sewing Machines in the United States (FOB) - 2022
- Imports of Book-Binding Machinery; Including Book-Sewing Machines in the United States
- Exports of Book-Binding Machinery; Including Book-Sewing Machines in the United States
Price for Book-Binding Machinery; Including Book-Sewing Machines in the United States (CIF) - 2022
In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $216 per unit, reducing by -11.1% against the previous year. In general, the import price recorded a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 17%. As a result, import price reached the peak level of $536 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
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 Italy ($633 per unit), while the price for the UK ($123 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Book-Binding Machinery; Including Book-Sewing Machines in the United States (FOB) - 2022
In 2022, the average export price for book-binding machinery; including book-sewing machineses amounted to $180 per unit, waning by -46.2% against the previous year. Overall, the export price recorded a abrupt setback. The growth pace was the most rapid in 2015 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $610 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($929 per unit), while the average price for exports to Australia ($121 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 Switzerland (+7.9%), while the prices for the other major destinations experienced a decline.
Imports of Book-Binding Machinery; Including Book-Sewing Machines in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of book-binding machinery; including book-sewing machineses, which increased by 56% to 992K units in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, book-binding machinery; including book-sewing machines imports surged to $214M in 2022. Overall, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Book-Binding Machinery; Including Book-Sewing Machines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 34.2 | 32.3 | 39.7 | 52.0 | 15.0% |
| China | 72.6 | 44.4 | 38.6 | 51.1 | -11.0% |
| Switzerland | 38.0 | 33.4 | 24.9 | 29.6 | -8.0% |
| Japan | 17.6 | 14.5 | 16.1 | 28.4 | 17.3% |
| Latvia | 7.6 | 7.6 | 6.9 | 12.1 | 16.8% |
| Italy | 8.0 | 3.5 | 3.3 | 9.7 | 6.6% |
| United Kingdom | 7.8 | 6.3 | 7.4 | 7.9 | 0.4% |
| Taiwan (Chinese) | 3.7 | 3.1 | 3.0 | 3.4 | -2.8% |
| Others | 17.5 | 9.5 | 14.7 | 20.0 | 4.6% |
| Total | 207 | 155 | 155 | 214 | 1.1% |
Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to the United States in 2022:
- China (254.7K units)
- Germany (200.1K units)
- Switzerland (152.7K units)
- Japan (143.8K units)
- United Kingdom (64.5K units)
- Latvia (64.3K units)
- Taiwan (Chinese) (18.9K units)
- Italy (15.4K units)
Exports of Book-Binding Machinery; Including Book-Sewing Machines in the United States
For the fourth consecutive year, the United States recorded growth in overseas shipments of book-binding machinery; including book-sewing machineses, which increased by 164% to 179K units in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, book-binding machinery; including book-sewing machines exports soared to $32M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The exports peaked at $32M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Book-Binding Machinery; Including Book-Sewing Machines in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 15.0 | 14.5 | 10.2 | 19.6 | 9.3% |
| Germany | 3.7 | 1.7 | 2.0 | 1.8 | -21.4% |
| Colombia | 0.2 | N/A | 0.1 | 1.5 | 95.7% |
| Mexico | 1.4 | 0.6 | 0.8 | 1.3 | -2.4% |
| Australia | 0.5 | 0.3 | 0.7 | 1.1 | 30.1% |
| Netherlands | 1.2 | 0.4 | 0.1 | 0.8 | -12.6% |
| United Kingdom | 1.5 | 0.8 | 0.9 | 0.7 | -22.4% |
| Hong Kong SAR | 2.9 | 0.8 | 1.4 | 0.4 | -48.3% |
| Others | 6.2 | 5.1 | 6.3 | 4.8 | -8.2% |
| Total | 32.5 | 24.4 | 22.6 | 32.1 | -0.4% |
Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from the United States in 2022:
- Canada (135.5K units)
- Australia (9.4K units)
- Netherlands (4.9K units)
- Mexico (4.7K units)
- United Kingdom (4.2K units)
- Germany (3.9K units)
- Colombia (3.8K units)
- Hong Kong SAR (0.3K units)
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