Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR - 2022

Contents:

  1. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (CIF) - 2022
  2. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (FOB) - 2022
  3. Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR
  4. Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (CIF) - 2022

The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $6,111 per unit in 2022, leveling off at the previous year. Overall, the import price, however, showed a slight downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 63,985% against the previous year. As a result, import price attained the peak level of $698,210 per unit. From 2017 to 2022, the average 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 Spain ($31,923 per unit), while the price for China ($1,277 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.2%).

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (FOB) - 2022

The average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $508 per unit in 2022, surging by 841% against the previous year. In general, the export price, however, faced a abrupt downturn. Over the period under review, the average export prices attained the maximum at $6,204 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($695 per unit), while the average price for exports to Panama stood at $320 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-24.3%), while the prices for the other major destinations experienced a decline.

Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR

In 2022, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings into Hong Kong SAR dropped to 14 units, shrinking by -6.7% on the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 +40.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 50%. As a result, imports reached the peak of 15 units, and then fell in the following year.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings reduced to $86K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 230% against the previous year. Imports peaked at $91K in 2021, and then fell in the following year.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A42.10%
SpainN/AN/AN/A31.90%
China14.19.69.911.5-6.6%
BelgiumN/A21.9N/AN/A0%
United StatesN/AN/A20.0N/A0%
IndiaN/A15.0N/AN/A0%
NetherlandsN/AN/A61.2N/A0%
OthersN/AN/AN/AN/A0%
Total14.146.691.185.682.4%

Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to Hong Kong SAR in 2022:

  1. China (9.0 units)
  2. Canada (4.0 units)
  3. Spain (1.0 units)

Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR

In 2022, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings from Hong Kong SAR contracted dramatically to 2 units, which is down by -99.8% against 2021. In general, exports recorded a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 8,825%. As a result, the exports reached the peak of 1.1K units, and then contracted sharply in the following year.

In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings contracted notably to $1K in 2022. Overall, exports continue to indicate a precipitous setback. The pace of growth was the most pronounced in 2021 when exports increased by 109% against the previous year. Over the period under review, the exports of attained the maximum at $153K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand145N/A0.80.7-83.1%
PanamaN/AN/AN/A0.30%
EcuadorN/AN/A1.0N/A0%
South KoreaN/AN/A2.3N/A0%
NigeriaN/AN/A24.5N/A0%
TurkeyN/AN/A5.1N/A0%
Others7.727.624.2N/A77.3%
Total15327.657.81.0-81.3%

Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from Hong Kong SAR in 2022:

  1. Thailand (1.0 units)
  2. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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