Price for Printing machinery; letterpress, other than reel-fed, excluding flexographic printing in the United States - 2023
Contents:
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (CIF) - 2022
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (FOB) - 2022
- Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States
- Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (CIF) - 2022
The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $3,203 per unit in 2022, growing by 14% against the previous year. In general, the import price, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 91% against the previous year. Over the period under review, average import prices reached the maximum at $13,534 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Italy ($15,172 per unit), while the price for the UK ($1,242 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (FOB) - 2022
The average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $19,291 per unit in 2022, with a decrease of -12.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 when the average export price increased by 38% against the previous year. As a result, the export price reached the peak level of $21,988 per unit, and then dropped in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($28,941 per unit), while the average price for exports to Brazil ($3,600 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+61.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States
In 2022, the amount of printing machinery; letterpress, other than reel-fed, excluding flexographic printings imported into the United States surged to 1.3K units, rising by 118% compared with the year before. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings skyrocketed to $4.3M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 76.9 | 63.6 | 66.2 | 1,781 | 185.0% |
| China | 579 | 1,341 | 1,053 | 1,102 | 23.9% |
| Italy | 310 | 41.0 | 77.3 | 683 | 30.1% |
| Netherlands | N/A | 2.8 | 41.5 | 287 | 912.4% |
| United Kingdom | N/A | 47.5 | 165 | 281 | 143.2% |
| Switzerland | 624 | 307 | 36.6 | 86.5 | -48.2% |
| Canada | 121 | 81.3 | 109 | 10.4 | -55.9% |
| Philippines | 39.3 | 13.8 | 38.9 | N/A | -0.5% |
| Czech Republic | N/A | N/A | 136 | N/A | 0% |
| Others | 607 | 68.2 | 3.1 | 35.5 | -61.2% |
| Total | 2,356 | 1,967 | 1,726 | 4,267 | 21.9% |
Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to the United States in 2022:
- Germany (551.0 units)
- China (396.0 units)
- United Kingdom (226.0 units)
- Netherlands (83.0 units)
- Italy (45.0 units)
- Switzerland (14.0 units)
- Canada (3.0 units)
Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States
For the third year in a row, the United States recorded decline in overseas shipments of printing machinery; letterpress, other than reel-fed, excluding flexographic printings, which decreased by -43.1% to 33 units in 2022. Over the period under review, exports recorded a sharp downturn. The smallest decline of -14.4% was in 2020. The exports peaked at 90 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings dropped significantly to $637K in 2022. In general, exports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.9% against the previous year. Over the period under review, the exports of attained the peak figure at $1.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | N/A | N/A | N/A | 334 | 0% |
| Mexico | 280 | 254 | 155 | 203 | -10.2% |
| Canada | 29.8 | 269 | 45.2 | 52.1 | 20.5% |
| Australia | N/A | N/A | N/A | 34.9 | 0% |
| Dominican Republic | N/A | N/A | 15.0 | 8.9 | -40.7% |
| Brazil | 21.0 | 21.0 | 21.0 | 3.6 | -44.4% |
| Russia | 241 | 349 | 315 | N/A | 14.3% |
| Belgium | 800 | N/A | 383 | N/A | -30.8% |
| Suriname | N/A | 135 | N/A | N/A | 0% |
| Others | 415 | 201 | 341 | N/A | -9.4% |
| Total | 1,786 | 1,227 | 1,275 | 637 | -29.1% |
Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from the United States in 2022:
- Estonia (17.0 units)
- Mexico (7.0 units)
- Canada (5.0 units)
- Australia (2.0 units)
- Brazil (1.0 units)
- Dominican Republic (1.0 units)
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