MENA: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in MENA

The MENA's market for reel fed offset printing machinery declined modestly to $X in 2022, remaining constant against the previous year. Overall, consumption saw a abrupt decline. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in MENA

In value terms, reel fed offset printing machinery production reached $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Exports of Reel Fed Offset Printing Machinery

Exports in MENA

In 2022, after two years of growth, there was significant decline in overseas shipments of reel fed offset printing machinery, when their volume decreased by X% to X units. Overall, exports, however, enjoyed a strong expansion. The growth pace was the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X units. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, reel fed offset printing machinery exports skyrocketed to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Turkey dominates exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by the United Arab Emirates (X units) and Tunisia (X units), together making up a X% share of total exports. Oman (X units) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the reel fed offset printing machinery exports, with a CAGR of X% from 2012 to 2022. At the same time, Tunisia (X%) and the United Arab Emirates (X%) displayed positive paces of growth. By contrast, Oman (X%) illustrated a downward trend over the same period. While the share of Turkey (X p.p.), Tunisia (X p.p.) and Oman (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest reel fed offset printing machinery supplier in MENA, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Tunisia, with a X% share.

In Turkey, reel fed offset printing machinery exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Tunisia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (X%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Offset Printing Machinery

Imports in MENA

In 2022, the amount of reel fed offset printing machinery imported in MENA declined rapidly to X units, which is down by X% on the previous year's figure. Over the period under review, imports saw a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports contracted markedly to $X in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Egypt (X units), distantly followed by Qatar (X units), Algeria (X units), Israel (X units), the United Arab Emirates (X units) and Bahrain (X units) represented the key importers of reel fed offset printing machinery, together achieving X% of total imports. Iran (X units) took a little share of total imports.

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

In value terms, Algeria ($X), Egypt ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

In terms of the main importing countries, Algeria, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, increasing by X% against the previous year. In general, the import price enjoyed moderate growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Algeria ($X per unit), while Bahrain ($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 United Arab Emirates (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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