Eastern Europe: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in Eastern Europe

In 2022, the East European flexographic printing machinery market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Flexographic Printing Machinery Production in Eastern Europe

In value terms, flexographic printing machinery production expanded to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Flexographic Printing Machinery Exports

Exports in Eastern Europe

In 2022, overseas shipments of flexographic printing machinery increased by X% to X units, rising for the second consecutive year after five years of decline. Over the period under review, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, flexographic printing machinery exports soared to $X in 2022. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in years to come.

Exports by Country

Romania was the major exporter of flexographic printing machinery in Eastern Europe, with the volume of exports amounting to X units, which was approx. X% of total exports in 2022. The Czech Republic (X units) ranks second in terms of the total exports with a X% share, followed by Hungary (X%) and Poland (X%). The following exporters - Belarus (X units), Russia (X units) and Slovakia (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to flexographic printing machinery exports from Romania stood at X%. At the same time, Hungary (X%), Belarus (X%), Russia (X%), Slovakia (X%) and the Czech Republic (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, Poland (X%) illustrated a downward trend over the same period. While the share of Romania (X p.p.), Hungary (X p.p.) and Belarus (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Czech Republic (X p.p.) and Poland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Czech Republic ($X) remains the largest flexographic printing machinery supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with an X% share of total exports. It was followed by Hungary, with a X% share.

In the Czech Republic, flexographic printing machinery exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and Hungary (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price saw a slight slump. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of export peaked at $X per unit in 2020; however, from 2021 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 Czech Republic ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Flexographic Printing Machinery Imports

Imports in Eastern Europe

Flexographic printing machinery imports soared to X units in 2022, rising by X% compared with 2021. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

In value terms, flexographic printing machinery imports expanded slightly to $X in 2022. In general, imports, however, continue to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Russia dominates imports structure, accounting for X units, which was near X% of total imports in 2022. Poland (X units) held the second position in the ranking, followed by Belarus (X units). All these countries together held approx. X% share of total imports. Slovakia (X units), the Czech Republic (X units), Romania (X units) and Bulgaria (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to flexographic printing machinery imports into Russia stood at X%. At the same time, Belarus (X%), Bulgaria (X%), Poland (X%) and Romania (X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. By contrast, the Czech Republic (X%) and Slovakia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia and Belarus increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported flexographic printing machinery in Eastern Europe, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with an X% share of total imports. It was followed by the Czech Republic, with a X% share.

In Russia, flexographic printing machinery imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Poland (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 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 2013; however, from 2014 to 2022, import prices stood 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 the Czech Republic ($X per unit), while Belarus ($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 Czech Republic (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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