ASEAN: Printing Press Market 2024

Printing Press Market Size in ASEAN

In 2022, the ASEAN printing press market decreased by X% to $X, falling for the third consecutive year after two years of growth. In general, consumption, however, continues to indicate a pronounced expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Printing Press Production in ASEAN

In value terms, printing press production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Printing Press Exports

Exports in ASEAN

In 2022, overseas shipments of printing presses increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, printing press exports amounted to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore dominates exports structure, recording X units, which was approx. X% of total exports in 2022. The following exporters - Thailand (X units) and Malaysia (X units) - together made up X% of total exports.

Singapore was also the fastest-growing in terms of the printing presses exports, with a CAGR of X% from 2012 to 2022. Thailand experienced a relatively flat trend pattern. Malaysia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Singapore increased by X percentage points.

In value terms, Singapore ($X) remains the largest printing press supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Singapore totaled X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a deep slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Printing Press Imports

Imports in ASEAN

In 2022, printing press imports in ASEAN reduced dramatically to X units, shrinking by X% against 2021. Over the period under review, imports, however, continue to indicate tangible growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, printing press imports declined modestly to $X in 2022. Overall, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2017 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Singapore represented the largest importing country with an import of about X units, which resulted at X% of total imports. The Philippines (X units) held the second position in the ranking, followed by Malaysia (X units), Myanmar (X units), Vietnam (X units) and Indonesia (X units). All these countries together held near X% share of total imports. Thailand (X units) took a little share of total imports.

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, the Philippines (X%), Myanmar (X%), Malaysia (X%), Vietnam (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. The Philippines (X p.p.), Malaysia (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand and Singapore saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Malaysia, the Philippines, Singapore and Myanmar lagged somewhat behind, together comprising a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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