Benelux: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Benelux

In 2022, the Benelux market for reel fed letterpress printing machinery increased by X% to $X, rising for the sixth year in a row after two years of decline. In general, consumption enjoyed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Reel Fed Letterpress Printing Machinery in Benelux

In value terms, reel fed letterpress printing machinery production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports in Benelux

In 2022, shipments abroad of reel fed letterpress printing machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports shrank sharply to $X in 2022. Over the period under review, exports saw a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Belgium (X units) represented the key exporter of reel fed letterpress printing machinery, comprising X% of total exports. It was distantly followed by the Netherlands (X units) and Luxembourg (X units), together achieving a X% share of total exports.

Belgium was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of X% from 2012 to 2022. Luxembourg experienced a relatively flat trend pattern. the Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) and Luxembourg (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X), Belgium ($X) and Luxembourg ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 the Netherlands ($X per unit), while Belgium ($X per unit) was amongst the lowest.

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

Imports of Reel Fed Letterpress Printing Machinery

Imports in Benelux

In 2022, approx. X units of reel fed letterpress printing machinery were imported in Benelux; rising by X% against 2021. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, reel fed letterpress printing machinery imports declined to $X in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands dominates imports structure, reaching X units, which was near X% of total imports in 2022. Belgium (X units) held a little share of total imports.

The Netherlands was also the fastest-growing in terms of the reel fed letterpress printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Belgium (X%) displayed positive paces of growth. While the share of the Netherlands (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belgium (X p.p.) displayed negative dynamics.

In value terms, the largest reel fed letterpress printing machinery importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per unit, which is down by X% against the previous year. In general, the import price faced a precipitous slump. The growth pace was the most rapid in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices remained at a somewhat lower figure.

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 Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Source: IndexBox Platform

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