Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya - 2022
Contents:
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya (CIF) - 2022
- Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya (CIF) - 2022
The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $435 per unit in 2022, with a decrease of -95.4% against the previous year. In general, the import price saw a precipitous setback. The most prominent rate of growth was recorded in 2021 an increase of 587%. The import price peaked at $12,352 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($492 per unit), while the price for China stood at $377 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+16.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya
In 2022, after two years of decline, there was significant decline in supplies from abroad of printing machinery; letterpress, other than reel-fed, excluding flexographic printings, when their volume decreased by -75% to 2 units. Over the period under review, imports showed a sharp decline. The smallest decline of -33.3% was in 2020. Imports peaked at 12 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings declined remarkably to $869 in 2022. Overall, imports saw a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 587% against the previous year. As a result, imports reached the peak of $75K, and then contracted remarkably in the following year.
Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 45.3 | 9.8 | 7.6 | 0.5 | -77.7% |
China | 2.6 | 0.2 | 15.3 | 0.4 | -46.4% |
Belgium | N/A | N/A | 0.1 | N/A | 0% |
Germany | 0.5 | 0.2 | 5.2 | N/A | 222.5% |
United States | N/A | N/A | 0.8 | N/A | 0% |
India | 1.1 | 0.7 | 46.2 | N/A | 548.1% |
South Africa | N/A | N/A | N/A | N/A | 0% |
Netherlands | N/A | N/A | N/A | N/A | 0% |
Ukraine | 0.2 | N/A | N/A | N/A | 0% |
Turkey | 1.3 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 51.1 | 10.9 | 75.1 | 0.9 | -74.0% |
Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to Kenya in 2022:
- United Kingdom (1.0 units)
- China (1.0 units)
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