Latin America and the Caribbean: Gravure Printing Machinery Market 2024

Gravure Printing Machinery Market Size in Latin America and the Caribbean

In 2022, the Latin American gravure printing machinery market increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption enjoyed a notable expansion. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Gravure Printing Machinery Production in Latin America and the Caribbean

In value terms, gravure printing machinery production rose modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Gravure Printing Machinery Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of gravure printing machinery decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, exports showed a noticeable contraction. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gravure printing machinery exports skyrocketed to $X in 2022. Over the period under review, exports showed a sharp decline. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of gravure printing machinery, namely Guatemala, Mexico and Brazil, represented more than two-thirds of total export. It was distantly followed by Chile (X units) and Bahamas (X units), together generating a X% share of total exports.

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

In value terms, Brazil ($X) emerged as the largest gravure printing machinery supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Guatemala ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Brazil totaled X%. In the other countries, the average annual rates were as follows: Guatemala (X% per year) and Chile (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, approximately mirroring the previous year. Over the period under review, the export price saw a dramatic slump. The pace of growth appeared the most rapid in 2019 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 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 Brazil ($X per unit), while Bahamas ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%).

Gravure Printing Machinery Imports

Imports in Latin America and the Caribbean

In 2022, supplies from abroad of gravure printing machinery increased by X% to X units, rising for the second year in a row after three years of decline. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, gravure printing machinery imports soared to $X in 2022. In general, imports, however, continue to indicate a noticeable slump. The growth pace was the most rapid in 2013 when imports increased by X%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Colombia (X units) and Mexico (X units) prevails in imports structure, together creating X% of total imports. It was distantly followed by Brazil (X units), generating a X% share of total imports. Peru (X units) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Colombia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constitutes the largest market for imported gravure printing machinery in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was taken by Mexico ($X), with a X% share of total imports. It was followed by Peru, with a X% share.

In Colombia, gravure printing machinery imports 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: Mexico (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, which is down by X% against the previous year. Overall, the import price recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2021, and then dropped notably in the following year.

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 Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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