Report Philippines - Reel Fed Letterpress Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Philippines - Reel Fed Letterpress Printing Machinery - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Market for Reel Fed Letterpress Printing Machinery 2024

Market Size for Reel Fed Letterpress Printing Machinery in the Philippines

In 2022, the Philippine market for reel fed letterpress printing machinery was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a abrupt downturn. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Reel Fed Letterpress Printing Machinery in the Philippines

In value terms, reel fed letterpress printing machinery production fell notably to $X in 2022 estimated in export price. Over the period under review, production posted significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Exports of Reel Fed Letterpress Printing Machinery

Exports from the Philippines

In 2022, approx. X units of reel fed letterpress printing machinery were exported from the Philippines; picking up by X% compared with the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, reel fed letterpress printing machinery exports shrank to $X in 2022. In general, exports, however, recorded a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Japan (X units) and France (X units) were the main destinations of reel fed letterpress printing machinery exports from the Philippines.

From 2019 to 2022, the biggest increases were recorded for France (with a CAGR of X%).

In value terms, Japan ($X) and France ($X) appeared to be the largest markets for reel fed letterpress printing machinery exported from the Philippines worldwide.

France, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average export price for reel fed letterpress printing machinery amounted to $X per unit, reducing by X% against the previous year. In general, the export price recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Japan stood at $X per unit.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (X%).

Imports of Reel Fed Letterpress Printing Machinery

Imports into the Philippines

In 2022, purchases abroad of reel fed letterpress printing machinery was finally on the rise to reach X units after two years of decline. In general, imports, however, continue to indicate a sharp downturn. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, reel fed letterpress printing machinery imports skyrocketed to $X in 2022. Overall, imports, however, recorded a drastic downturn. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of reel fed letterpress printing machinery to the Philippines, accounting for a X% share of total imports. Moreover, reel fed letterpress printing machinery imports from Japan exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), threefold. The third position in this ranking was taken by Italy (X units), with a X% share.

From 2017 to 2022, the average annual rate of growth in terms of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and Italy (X% per year).

In value terms, the largest reel fed letterpress printing machinery suppliers to the Philippines were Taiwan (Chinese) ($X), Japan ($X) and Italy ($X), with a combined X% share of total imports.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for reel fed letterpress printing machinery stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price recorded significant growth. The pace of growth was the most pronounced in 2018 an increase of X%. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

New Zealand remains the largest reel fed letterpress printing machinery consuming country worldwide, accounting for 46% of total volume. Moreover, reel fed letterpress printing machinery consumption in New Zealand exceeded the figures recorded by the second-largest consumer, the Czech Republic, twofold. The UK ranked third in terms of total consumption with a 13% share.
The country with the largest volume of reel fed letterpress printing machinery production was New Zealand, comprising approx. 48% of total volume. Moreover, reel fed letterpress printing machinery production in New Zealand exceeded the figures recorded by the second-largest producer, the Czech Republic, twofold. The UK ranked third in terms of total production with a 14% share.
In value terms, Taiwan Chinese), Japan and Italy appeared to be the largest reel fed letterpress printing machinery suppliers to the Philippines, together comprising 99% of total imports.
In value terms, the largest markets for reel fed letterpress printing machinery exported from the Philippines were Japan and France.
The average export price for reel fed letterpress printing machinery stood at $221 per unit in 2022, with a decrease of -21.5% against the previous year.
The average import price for reel fed letterpress printing machinery stood at $353 per unit in 2022, jumping by 58% against the previous year.

This report provides an in-depth analysis of the market for reel fed letterpress printing machinery in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28991410 - Reel fed letterpress printing machinery (excluding flexographic printing)

Country coverage:

  • Philippines

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Philippines
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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