Malaysia: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Malaysia

The Malaysian market for reel fed letterpress printing machinery was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption recorded a prominent increase. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Production of Reel Fed Letterpress Printing Machinery in Malaysia

In value terms, reel fed letterpress printing machinery production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports from Malaysia

In 2022, approx. X units of reel fed letterpress printing machinery were exported from Malaysia; which is down by X% compared with the previous year. Overall, exports recorded a deep setback. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, reel fed letterpress printing machinery exports soared to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Thailand (X units) and Indonesia (X units) were the main destinations of reel fed letterpress printing machinery exports from Malaysia. Moreover, reel fed letterpress printing machinery exports in Thailand exceeded the figures recorded by the second-largest exporter, Indonesia, twofold.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%).

In value terms, Thailand ($X) emerged as the key foreign market for reel fed letterpress printing machinery exports from Malaysia, comprising X% of total exports. The second position in the ranking was held by Indonesia ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Thailand stood at X%.

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to Indonesia amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Malaysia

In 2022, the amount of reel fed letterpress printing machinery imported into Malaysia surged to X units, with an increase of X% against the previous year's figure. In general, imports continue to indicate a moderate 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 skyrocketed to $X in 2022. Overall, imports posted a strong expansion. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

New Zealand (X units), Singapore (X units) and China (X units) were the main suppliers of reel fed letterpress printing machinery imports to Malaysia, together accounting for X% of total imports.

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

In value terms, the largest reel fed letterpress printing machinery suppliers to Malaysia were Singapore ($X), China ($X) and Japan ($X), together comprising X% of total imports.

Among the main suppliers, Singapore, with a CAGR of X%, saw the highest rates of growth with regard to 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

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 Japan ($X per unit), while the price for New Zealand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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