Europe: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Europe

In 2022, the Europe market for reel fed letterpress printing machinery increased by X% to $X, rising for the fourth year in a row after two years of decline. Overall, consumption recorded resilient growth. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Production of Reel Fed Letterpress Printing Machinery in Europe

In value terms, reel fed letterpress printing machinery production fell modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight slump. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Exports of Reel Fed Letterpress Printing Machinery

Exports in Europe

In 2022, exports of reel fed letterpress printing machinery in Europe skyrocketed to X units, growing by X% against the previous year. Over the period under review, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel fed letterpress printing machinery exports reduced sharply to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X units), distantly followed by France (X units), the UK (X units), Serbia (X units), Estonia (X units), Spain (X units) and Portugal (X units) represented the main exporters of reel fed letterpress printing machinery, together making up X% of total exports.

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

In value terms, Italy ($X) remains the largest reel fed letterpress printing machinery supplier in Europe, comprising X% of total exports. The second position in the ranking was held by Spain ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Italy stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Spain (X% per year) and Estonia (X% per year).

Export Prices by Country

In 2022, the export price in Europe amounted to $X per unit, declining by X% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a 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 Spain ($X per unit), while the UK ($X per unit) was amongst the lowest.

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

Imports of Reel Fed Letterpress Printing Machinery

Imports in Europe

In 2022, imports of reel fed letterpress printing machinery in Europe soared to X units, increasing by X% on the previous year. In general, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, reel fed letterpress printing machinery imports expanded notably to $X in 2022. Overall, imports, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands prevails in imports structure, accounting for X units, which was near X% of total imports in 2022. Italy (X units), France (X units), Russia (X units), Finland (X units), Spain (X units), Portugal (X units), Moldova (X units) and 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, Finland (X%), Moldova (X%), Belgium (X%), Spain (X%), Russia (X%) and France (X%) displayed positive paces of growth. By contrast, Portugal (X%) and Italy (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands, Finland and Moldova increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), Russia ($X) and France ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Portugal, Spain, Moldova, the Netherlands, Belgium and Finland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Moldova, 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 import price in Europe amounted to $X per unit, shrinking by X% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 Italy ($X per unit), while Finland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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