Philippines - Reel Fed Letterpress Printing Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Reel Fed Letterpress Printing Machinery in the Philippines - 2023
Contents:
- Price for Reel Fed Letterpress Printing Machinery in the Philippines (FOB) - 2022
- Price for Reel Fed Letterpress Printing Machinery in the Philippines (CIF) - 2022
- Exports of Reel Fed Letterpress Printing Machinery in the Philippines
- Imports of Reel Fed Letterpress Printing Machinery in the Philippines
Price for Reel Fed Letterpress Printing Machinery in the Philippines (FOB) - 2022
In 2022, the average export price for reel fed letterpress printing machinery amounted to $221 per unit, with a decrease of -19.8% against the previous year. In general, the export price saw a dramatic setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 302% against the previous year. The export price peaked at $24,324 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($243 per unit), while the average price for exports to Japan totaled $206 per unit.
From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-35.6%).
Price for Reel Fed Letterpress Printing Machinery in the Philippines (CIF) - 2022
In 2022, the average import price for reel fed letterpress printing machinery amounted to $40 per unit, increasing by 35% against the previous year. In general, the import price, however, recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 310% against the previous year. As a result, import price attained the peak level of $83 per unit. From 2021 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 Japan ($15,417 per unit), while the price for Italy ($10 per unit) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+185.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Reel Fed Letterpress Printing Machinery in the Philippines
For the fourth consecutive year, the Philippines recorded growth in shipments abroad of reel fed letterpress printing machinery, which increased by 17% to 219 units in 2022. In general, exports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 713%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, reel fed letterpress printing machinery exports dropped to $48K in 2022. Over the period under review, exports, however, saw a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 3,171%. The exports peaked at $511K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Reel Fed Letterpress Printing Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.9 | 0.5 | 21.4 | 26.6 | 89.6% |
| France | 1.8 | 0.9 | 3.3 | 21.9 | 130.0% |
| Brazil | 505 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 27.0 | N/A | 1061.9% |
| Total | 511 | 1.6 | 51.6 | 48.5 | -54.4% |
Top Export Markets for Reel Fed Letterpress Printing Machinery from the Philippines in 2022:
- Japan (129.0 units)
- France (90.0 units)
Imports of Reel Fed Letterpress Printing Machinery in the Philippines
In 2022, overseas purchases of reel fed letterpress printing machinery increased by 690% to 6.2K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a sharp descent. Over the period under review, imports attained the peak figure at 39K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, reel fed letterpress printing machinery imports skyrocketed to $246K in 2022. In general, imports, however, saw a sharp downturn. Over the period under review, imports hit record highs at $788K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Reel Fed Letterpress Printing Machinery in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 71.5 | 54.2 | 11.3 | 120 | 18.8% |
| Japan | 21.3 | 109 | N/A | 108 | 71.8% |
| Italy | 6.0 | 5.3 | 1.3 | 16.7 | 40.7% |
| China | 604 | 124 | 3.0 | 1.6 | -86.2% |
| New Zealand | 18.9 | 13.2 | 2.6 | N/A | -62.9% |
| Denmark | 3.0 | N/A | N/A | N/A | 0% |
| Others | 62.9 | 29.4 | 4.9 | N/A | -72.1% |
| Total | 788 | 335 | 23.0 | 246 | -32.2% |
Top Suppliers of Reel Fed Letterpress Printing Machinery to the Philippines in 2022:
- Japan (undefinedK units)
- China (undefinedK units)
- Taiwan (Chinese) (4.6K units)
- Italy (1.6K units)
This report provides an in-depth analysis of the market for reel fed letterpress printing machinery in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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