Report Update Apr 1, 2024

Hong Kong SAR, China - Reel Fed Letterpress Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Hong Kong SAR, China

For the third consecutive year, the Hong Kong market for reel fed letterpress printing machinery recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption recorded a deep slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Hong Kong SAR, China

In value terms, reel fed letterpress printing machinery production dropped to $X in 2022 estimated in export price. Overall, production saw a slight descent. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

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Exports of Reel Fed Letterpress Printing Machinery

Exports from Hong Kong SAR, China

In 2022, the amount of reel fed letterpress printing machinery exported from Hong Kong SAR expanded slightly to X units, rising by X% against 2021 figures. Over the period under review, exports continue to indicate tangible growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, reel fed letterpress printing machinery exports fell remarkably to $X in 2022. Overall, exports recorded modest growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) was the main destination for reel fed letterpress printing machinery exports from Hong Kong SAR, accounting for a X% share of total exports. Moreover, reel fed letterpress printing machinery exports to Ecuador exceeded the volume sent to the second major destination, Vietnam (X units), sevenfold. The third position in this ranking was taken by Romania (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Ecuador totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Romania (X% per year).

In value terms, Ecuador ($X), Vietnam ($X) and Malaysia ($X) appeared to be the largest markets for reel fed letterpress printing machinery exported from Hong Kong SAR worldwide, with a combined X% share of total exports.

Among the main countries of destination, Ecuador, with a CAGR of X.7%, 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

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price showed a slight decrease. The growth pace was the most rapid in 2021 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Bangladesh ($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 Ecuador (X.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Hong Kong SAR, China

After two years of decline, supplies from abroad of reel fed letterpress printing machinery decreased by X% to X units in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports totaled $X in 2022. Over the period under review, imports faced a deep slump. The growth pace was the most rapid in 2019 when imports increased by 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, China (X units) was the main reel fed letterpress printing machinery supplier to Hong Kong SAR, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of reel fed letterpress printing machinery to Hong Kong SAR.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.

Import Prices by Country

In 2022, the average import price for reel fed letterpress printing machinery amounted to $X per unit, increasing by X% against the previous year. In general, the import price saw a perceptible increase. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Malaysia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reel fed letterpress printing machinery in the world?

The country with the largest volume of reel fed letterpress printing machinery consumption was New Zealand, comprising approx. 46% of total volume. Moreover, reel fed letterpress printing machinery consumption in New Zealand exceeded the figures recorded by the second-largest consumer, the Czech Republic, twofold. The third position in this ranking was held by the UK, with a 13% share.

What are the largest producers of reel fed letterpress printing machinery in the world?

New Zealand constituted the country with the largest volume of reel fed letterpress printing machinery production, comprising approx. 48% of total volume. Moreover, reel fed letterpress printing machinery production in New Zealand exceeded the figures recorded by the second-largest producer, the Czech Republic, twofold. The third position in this ranking was held by the UK, with a 14% share.

What are the leading suppliers of reel fed letterpress printing machinery to Hong Kong SAR, China?

In value terms, China constituted the largest supplier of reel fed letterpress printing machinery to Hong Kong SAR.

What are the leading importers of reel fed letterpress printing machinery from Hong Kong SAR, China?

In value terms, the largest markets for reel fed letterpress printing machinery exported from Hong Kong SAR were Ecuador, Vietnam and Malaysia, together accounting for 70% of total exports.

What is the average export price for reel fed letterpress printing machinery in Hong Kong SAR, China?

The average export price for reel fed letterpress printing machinery stood at $3,791 per unit in 2022, with a decrease of -48.8% against the previous year.

What is the average import price for reel fed letterpress printing machinery in Hong Kong SAR, China?

The average import price for reel fed letterpress printing machinery stood at $49,492 per unit in 2022, jumping by 341% against the previous year.

This report provides an in-depth analysis of the market for reel fed letterpress printing machinery in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023