Price for Printing machinery; letterpress, other than reel-fed, excluding flexographic printing in the Philippines - 2023
Contents:
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (CIF) - 2022
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (FOB) - 2022
- Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines
- Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (CIF) - 2022
The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $264 per unit in 2022, increasing by 33% against the previous year. Over the period under review, the import price, however, saw a sharp contraction. The growth pace was the most rapid in 2019 an increase of 1,283%. Over the period under review, average import prices hit record highs at $1,606,275 per unit in 2017; however, from 2018 to 2022, 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 China ($268 per unit), while the price for Spain ($127 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+2,827.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (FOB) - 2022
In 2022, the average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $303 per unit, falling by -90.5% against the previous year. Overall, the export price saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price decreased by -35.7%. Over the period under review, the average export prices hit record highs at $10,113 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($304 per unit), while the average price for exports to the United States amounted to $238 per unit.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-71.4%).
Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines
In 2022, the amount of printing machinery; letterpress, other than reel-fed, excluding flexographic printings imported into the Philippines reached 606 units, picking up by 7.4% against the year before. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 293%. As a result, imports reached the peak of 1.6K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings skyrocketed to $160K in 2022. Over the period under review, imports, however, showed a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 215%. Over the period under review, imports of hit record highs at $571K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 491 | 19.0 | 111 | 147 | -33.1% |
| Italy | N/A | N/A | 0.3 | 11.2 | 3633.3% |
| Spain | N/A | N/A | N/A | 1.9 | 0% |
| United States | N/A | 16.6 | N/A | N/A | 0% |
| Others | 79.4 | N/A | N/A | 0.3 | -84.4% |
| Total | 571 | 35.5 | 112 | 160 | -34.6% |
Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to the Philippines in 2022:
- China (547.0 units)
- Italy (42.0 units)
- Spain (15.0 units)
Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines
Exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings from the Philippines soared to 290 units in 2022, jumping by 1,426% against the year before. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,800%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings skyrocketed to $88K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 828%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 86.1 | 0% |
| United States | 30.3 | 6.5 | 44.4 | 1.7 | -61.7% |
| Botswana | N/A | N/A | 13.2 | N/A | 0% |
| Others | N/A | N/A | 2.8 | N/A | 0% |
| Total | 30.3 | 6.5 | 60.4 | 87.8 | 42.6% |
Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from the Philippines in 2022:
- United Kingdom (283.0 units)
- United States (7.0 units)
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