Northern America: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in Northern America

The North American market for reel fed letterpress printing machinery was estimated at $X in 2022, flattening at the previous year. Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in Northern America

In value terms, reel fed letterpress 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 growth pace was the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Exports of Reel Fed Letterpress Printing Machinery

Exports in Northern America

In 2022, reel fed letterpress printing machinery exports in Northern America fell markedly to X units, declining by X% compared with 2021. Over the period under review, exports showed a deep setback. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, reel fed letterpress printing machinery exports plummeted to $X in 2022. Overall, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, resulting at X units, which was near X% of total exports in 2022. It was distantly followed by Canada (X units), committing a X% share of total exports.

The United States was also the fastest-growing in terms of the reel fed letterpress printing machinery exports, with a CAGR of X% from 2012 to 2022. Canada (X%) illustrated a downward trend over the same period. The United States (X p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by X% from 2012 to 2022, respectively.

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

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, saw a mild slump. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Imports of Reel Fed Letterpress Printing Machinery

Imports in Northern America

In 2022, supplies from abroad of reel fed letterpress printing machinery decreased by X% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports recorded a precipitous slump. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel fed letterpress printing machinery imports reduced remarkably to $X in 2022. Overall, imports faced a dramatic setback. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States was the main importing country with an import of about X units, which recorded X% of total imports. It was distantly followed by Canada (X units) and Bermuda (X units), together comprising a X% share of total imports.

Imports into the United States decreased at an average annual rate of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. Bermuda experienced a relatively flat trend pattern. While the share of Canada (X p.p.) and Bermuda (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the largest reel fed letterpress printing machinery importing markets in Northern America were Canada ($X), the United States ($X) and Bermuda ($X), together accounting for X% of total imports.

In terms of the main importing countries, Canada, 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, declining by X% against the previous year. In general, the import price saw a perceptible slump. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per unit), while Bermuda ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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