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

Contents:

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

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

In 2022, the average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $2,316 per unit, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 471%. The import price peaked at $17,212 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -18.0% per year.

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

The average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $2,261 per unit in 2022, reducing by -50% against the previous year. Over the period under review, the export price saw a dramatic setback. The export price peaked at $4,522 per unit in 2021, and then declined remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2021 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Latvia

In 2022, approx. 1 units of printing machinery; letterpress, other than reel-fed, excluding flexographic printings were imported into Latvia; approximately equating the previous year. Over the period under review, imports recorded a precipitous decrease. The smallest decline of 99.9% was in 2021. Imports peaked at 2 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings totaled $2.3K in 2022. Overall, imports saw significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Latvia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
DenmarkN/AN/A2.30%
LithuaniaN/AN/AN/A0%
OthersN/AN/AN/A0%
TotalN/AN/A2.30%

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

  1. Denmark (1.0 units)

Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Latvia

In 2022, the amount of printing machinery; letterpress, other than reel-fed, excluding flexographic printings exported from Latvia stood at 1 units, remaining stable against 2021. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings dropped sharply to $2.3K in 2022. In general, exports recorded a precipitous contraction. Over the period under review, the exports of attained the maximum at $4.5K in 2021, and then shrank remarkably in the following year.

Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Latvia (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A2.30%
Ukraine4.5N/A0%
OthersN/AN/A0%
Total4.52.3-48.9%

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

  1. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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