China: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in China

The Chinese gravure printing machinery market declined to $X in 2022, reducing by X% against the previous year. Overall, consumption recorded a perceptible shrinkage. Over the period under review, the market attained the maximum level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Gravure Printing Machinery Production in China

In value terms, gravure printing machinery production rose markedly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Gravure Printing Machinery Exports

Exports from China

In 2022, gravure printing machinery exports from China skyrocketed to X units, rising by X% compared with 2021. Over the period under review, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, gravure printing machinery exports rose notably to $X in 2022. In general, total exports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Vietnam (X units), the United States (X units) and Nigeria (X units) were the main destinations of gravure printing machinery exports from China, together comprising X% of total exports. Mexico, Thailand, Tanzania, Malaysia, India, Hong Kong SAR, South Korea, Lebanon, Indonesia and Uzbekistan lagged somewhat behind, together comprising 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 Lebanon (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gravure printing machinery exported from China were Vietnam ($X), India ($X) and Malaysia ($X), with a combined X% share of total exports. Indonesia, Thailand, Nigeria, Mexico, South Korea, the United States, Uzbekistan, Tanzania, Lebanon and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Lebanon, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gravure printing machinery export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, export price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, gravure printing machinery export price decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while the average price for exports to Hong Kong SAR ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gravure Printing Machinery Imports

Imports into China

In 2022, supplies from abroad of gravure printing machinery increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, imports, however, faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, gravure printing machinery imports soared to $X in 2022. Over the period under review, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. 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

In 2022, Switzerland (X units) constituted the largest gravure printing machinery supplier to China, with a X% share of total imports. Moreover, gravure printing machinery imports from Switzerland exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was held by South Korea (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Switzerland amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

In value terms, Switzerland ($X), Japan ($X) and South Korea ($X) constituted the largest gravure printing machinery suppliers to China, together comprising X% of total imports. Denmark, Taiwan (Chinese), Germany, Italy and the Czech Republic lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Denmark, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average gravure printing machinery import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price saw a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, 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 Japan ($X,330 per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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