Mexico: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Mexico

After two years of decline, the Mexican market for reel fed letterpress printing machinery decreased by X% to less than $X in 2022. Over the period under review, consumption recorded a deep contraction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Letterpress Printing Machinery in Mexico

In value terms, reel fed letterpress printing machinery production stood at less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with a decrease of X%. Reel fed letterpress printing machinery production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

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Exports of Reel Fed Letterpress Printing Machinery

Exports from Mexico

After two years of decline, overseas shipments of reel fed letterpress printing machinery decreased by X% to X units in 2016. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked in 2016 and are expected to retain growth in the immediate term.

In value terms, reel fed letterpress printing machinery exports totaled $X in 2016. Over the period under review, exports recorded a abrupt contraction. The smallest decline of X% was in 2013. The exports peaked at $X in 2012; however, from 2013 to 2016, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for reel fed letterpress printing machinery exports from Mexico, accounting for a X% share of total exports. It was followed by Guatemala (X units), with a X% share of total exports. Nicaragua (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2016, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Nicaragua (X% per year).

It was followed by Nicaragua, with a X% share.

From 2012 to 2016, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Nicaragua (X% per year).

Export Prices by Country

The average export price for reel fed letterpress printing machinery stood at $X per unit in 2016, approximately equating the previous year. Overall, the export price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2013 when the average export price decreased by X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was Guatemala ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Letterpress Printing Machinery

Imports into Mexico

In 2019, the amount of reel fed letterpress printing machinery imported into Mexico amounted to X units, approximately equating the previous year's figure. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2019, imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports soared to $X in 2019. In general, imports saw a precipitous contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Spain (X units) and China (X units) were the main suppliers of reel fed letterpress printing machinery imports to Mexico, with a combined X% share of total imports.

From 2012 to 2019, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of reel fed letterpress printing machinery to Mexico, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

From 2012 to 2019, the average annual rate of growth in terms of value from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Italy (X% per year).

Import Prices by Country

In 2019, the average import price for reel fed letterpress printing machinery amounted to $X per unit, surging by X% against the previous year. Overall, the import price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2014 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2019, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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