United Kingdom: Printing Press Market 2024

Printing Press Market Size in the UK

After two years of growth, the UK printing press market decreased by X% to $X in 2022. Overall, consumption continues to indicate a significant decline. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Printing Press Production in the UK

In value terms, printing press production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight decline. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Printing Press Exports

Exports from the UK

In 2022, printing press exports from the UK surged to X units, with an increase of X% compared with the previous year. In general, exports enjoyed a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing press exports shrank slightly to $X in 2022. Overall, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units), China (X units) and Taiwan (Chinese) (X units) were the main destinations of printing press exports from the UK, with a combined X% share of total exports. India, the Netherlands, Germany, Ireland, Vietnam, Turkey, Somalia, France, Spain and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Somalia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for printing presses exports from the UK, comprising X% of total exports. The second position in the ranking was held by China ($X), with an X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Germany (X% per year).

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a pronounced slump. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit, and then contracted dramatically in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Somalia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Press Imports

Imports into the UK

In 2022, imports of printing presses into the UK skyrocketed to X units, jumping by X% against the previous year. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, printing press imports skyrocketed to $X in 2022. Over the period under review, imports, however, showed a noticeable downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the Philippines (X units) were the main suppliers of printing press imports to the UK, together accounting for X% of total imports. Denmark, Japan, the United States, Slovakia, the Netherlands, France, Ireland and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of printing presses to the UK, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average printing press import price amounted to $X per unit, remaining constant against the previous year. In general, the import price, however, posted notable growth. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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