MERCOSUR: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in MERCOSUR

The MERCOSUR market for reel fed letterpress printing machinery contracted markedly to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Reel Fed Letterpress Printing Machinery in MERCOSUR

In value terms, reel fed letterpress printing machinery production surged to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Letterpress Printing Machinery

Exports in MERCOSUR

Reel fed letterpress printing machinery exports skyrocketed to X units in 2022, growing by X% compared with the previous year. Overall, exports, however, saw a mild descent. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports attained the maximum at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a dramatic decrease. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Brazil dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. Argentina (X units) took the second position in the ranking, followed by Peru (X units). All these countries together took approx. X% share of total exports.

Brazil was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of X% from 2012 to 2022. Peru (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.) and Argentina (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Peru (X p.p.) displayed negative dynamics.

In value terms, Brazil ($X) remains the largest reel fed letterpress printing machinery supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, falling by X% against the previous year. Overall, the export price faced a sharp downturn. The growth pace was 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 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

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

Imports of Reel Fed Letterpress Printing Machinery

Imports in MERCOSUR

In 2022, reel fed letterpress printing machinery imports in MERCOSUR dropped modestly to X units, shrinking by X% compared with the previous year's figure. Overall, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports fell remarkably to $X in 2022. Over the period under review, imports faced a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Colombia was the major importer of reel fed letterpress printing machinery in MERCOSUR, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Peru (X units) took the second position in the ranking, followed by Chile (X units). All these countries together held near X% share of total imports. Brazil (X units), Ecuador (X units) and Venezuela (X units) followed a long way behind the leaders.

Colombia was also the fastest-growing in terms of the reel fed letterpress printing machinery imports, with a CAGR of X% from 2012 to 2022. At the same time, Peru (X%) and Chile (X%) displayed positive paces of growth. By contrast, Ecuador (X%), Venezuela (X%) and Brazil (X%) illustrated a downward trend over the same period. Colombia (X p.p.), Peru (X p.p.) and Chile (X p.p.) significantly strengthened its position in terms of the total imports, while Venezuela and Brazil saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) constitutes the largest market for imported reel fed letterpress printing machinery in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with an X% share of total imports. It was followed by Peru, with a X% share.

In Chile, reel fed letterpress 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: Ecuador (X% per year) and Peru (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, with a decrease of X% against the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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