Italy: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Italy

The Italian market for reel fed letterpress printing machinery skyrocketed to $X in 2022, with an increase of X% against the previous year. In general, consumption showed a resilient expansion. Reel fed letterpress printing machinery consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Reel Fed Letterpress Printing Machinery in Italy

In value terms, reel fed letterpress printing machinery production expanded sharply to $X in 2022 estimated in export price. In general, production, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Exports of Reel Fed Letterpress Printing Machinery

Exports from Italy

In 2022, shipments abroad of reel fed letterpress printing machinery increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, showed a drastic downturn. 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 dropped markedly to $X in 2022. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded 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 somewhat lower figure.

Exports by Country

Israel (X units), Switzerland (X units) and France (X units) were the main destinations of reel fed letterpress printing machinery exports from Italy, with a combined X% share of total exports. Mexico, Guatemala, Estonia, Norway, Russia, Venezuela, Slovenia, Romania, Oman and Togo 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 Estonia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for reel fed letterpress printing machinery exports from Italy, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average export price for reel fed letterpress printing machinery amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum 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 for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Norway ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Italy

In 2022, overseas purchases of reel fed letterpress printing machinery increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, reel fed letterpress printing machinery imports soared to $X in 2022. In general, imports, however, continue to indicate a mild setback. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and the UK (X units) were the main suppliers of reel fed letterpress printing machinery imports to Italy, together accounting for X% of total imports.

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

In value terms, Germany ($X) constituted the largest supplier of reel fed letterpress printing machinery to Italy, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, jumping by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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