Luxembourg: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Luxembourg

The Luxembourg market for reel fed offset printing machinery skyrocketed to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, saw a slight decrease. Reel fed offset printing machinery consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Reel Fed Offset Printing Machinery in Luxembourg

In value terms, reel fed offset printing machinery production reduced to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports from Luxembourg

Reel fed offset printing machinery exports from Luxembourg totaled X units in 2022, leveling off at the year before. Overall, exports faced a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel fed offset printing machinery exports amounted to $X in 2022. Over the period under review, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X,532% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Poland (X units) and Germany (X units) were the main destinations of reel fed offset printing machinery exports from Luxembourg.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%).

In value terms, the largest markets for reel fed offset printing machinery exported from Luxembourg were Poland ($X) and Germany ($X).

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the average export price for reel fed offset printing machinery amounted to $X per unit, standing approx. at the previous year. In general, the export price posted a significant expansion. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Germany amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Reel Fed Offset Printing Machinery

Imports into Luxembourg

In 2022, purchases abroad of reel fed offset printing machinery was finally on the rise to reach X units after four years of decline. Overall, imports, however, recorded a deep slump. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, reel fed offset printing machinery imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt contraction. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, France (X units) constituted the largest reel fed offset printing machinery supplier to Luxembourg, accounting for a X% share of total imports. Moreover, reel fed offset printing machinery imports from France exceeded the figures recorded by the second-largest supplier, Belgium (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Germany (X% per year).

In value terms, Belgium ($X), France ($X) and Germany ($X) constituted the largest reel fed offset printing machinery suppliers to Luxembourg, with a combined X% share of total imports.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for reel fed offset printing machinery amounted to $X per unit, picking up by X% against the previous year. Overall, the import price, however, saw a mild setback. The growth pace was the most rapid in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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