Asia-Pacific: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Asia-Pacific

The Asia-Pacific market for reel fed offset printing machinery declined to $X in 2022, waning by X% against the previous year. In general, consumption showed a mild setback. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in Asia-Pacific

In value terms, reel fed offset printing machinery production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports in Asia-Pacific

In 2022, overseas shipments of reel fed offset printing machinery increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a modest expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, reel fed offset printing machinery exports rose sharply to $X in 2022. Overall, exports, however, continue to indicate a deep slump. The growth pace was the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Singapore (X units) and Japan (X units) represented roughly X% of total exports in 2022. It was distantly followed by India (X units) and Australia (X units), together comprising a X% share of total exports. Myanmar (X units), New Zealand (X units) and Thailand (X units) held a little share of total exports.

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

In value terms, Japan ($X) remains the largest reel fed offset printing machinery supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by New Zealand, with a X% share.

In Japan, reel fed offset printing machinery exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: India (X% per year) and New Zealand (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price showed a drastic downturn. The growth pace was the most rapid in 2019 when the export price increased by 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 failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Imports of Reel Fed Offset Printing Machinery

Imports in Asia-Pacific

In 2022, reel fed offset printing machinery imports in Asia-Pacific reduced to X units, falling by X% compared with 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports contracted sharply to $X in 2022. Overall, imports faced a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore (X units) and Thailand (X units) represented roughly X% of total imports in 2022. Vietnam (X units) took the next position in the ranking, followed by Hong Kong SAR (X units), India (X units) and Nepal (X units). All these countries together took approx. X% share of total imports. South Korea (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest reel fed offset printing machinery importing markets in Asia-Pacific were Thailand ($X), Vietnam ($X) and India ($X), together accounting for X% of total imports.

In terms of the main importing countries, Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, reducing by X% against the previous year. Overall, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: 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 Vietnam (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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