Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka - 2022

Contents:

  1. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (FOB) - 2022
  2. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (CIF) - 2022
  3. Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka
  4. Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (FOB) - 2022

The average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $4,073 per unit in 2022, with a decrease of -4.9% against the previous year. Over the period under review, the export price, however, saw a significant increase. The growth pace was the most rapid in 2019 an increase of 154%. The export price peaked at $4,283 per unit in 2021, and then fell slightly 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 India ($5,411 per unit), while the average price for exports to the United Arab Emirates totaled $2,734 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+24.8%).

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (CIF) - 2022

The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $936 per unit in 2022, with a decrease of -23.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 495% against the previous year. As a result, import price attained the peak level of $10,039 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,770 per unit), while the price for the United States ($69 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+91.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka

Exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings from Sri Lanka skyrocketed to 4 units in 2022, picking up by 33% compared with the previous year's figure. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of 100%. As a result, the exports reached the peak of 6 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings skyrocketed to $16K in 2022. Overall, exports showed a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 132% against the previous year. As a result, the exports reached the peak of $23K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10.023.212.610.82.6%
United Arab EmiratesN/AN/AN/A5.50%
MaldivesN/A0.10.2N/A100.0%
OthersN/AN/AN/AN/A0%
Total10.023.312.816.317.7%

Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from Sri Lanka in 2022:

  1. United Arab Emirates (2.0 units)
  2. India (2.0 units)

Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka

In 2022, after three years of growth, there was significant decline in overseas purchases of printing machinery; letterpress, other than reel-fed, excluding flexographic printings, when their volume decreased by -99.3% to 4 units. In general, imports recorded a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of 368% against the previous year. As a result, imports attained the peak of 562 units, and then shrank notably in the following year.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings plummeted to $3.7K in 2022. Overall, imports saw a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 216%. As a result, imports attained the peak of $690K, and then shrank significantly in the following year.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.32.15.53.5-34.2%
United States4.21.80.60.1-71.2%
China38.61906680.1-86.3%
Italy9.49.26.8N/A-14.9%
Others8.916.09.6N/A3.9%
Total73.42196903.7-63.1%

Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to Sri Lanka in 2022:

  1. Germany (2.0 units)
  2. United States (1.0 units)
  3. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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