ASEAN: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in ASEAN

The ASEAN flexographic printing machinery market reduced slightly to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of consumption peaked at $X in 2021, and then fell modestly in the following year.

Flexographic Printing Machinery Production in ASEAN

In value terms, flexographic printing machinery production shrank slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Flexographic Printing Machinery Exports

Exports in ASEAN

In 2022, flexographic printing machinery exports in ASEAN contracted dramatically to X units, which is down by X% on 2021. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, flexographic printing machinery exports shrank significantly to $X in 2022. Over the period under review, exports saw a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X units), Thailand (X units) and Malaysia (X units) represented roughly X% of total exports in 2022. The Philippines (X units) took the next position in the ranking, followed by Vietnam (X units). All these countries together held approx. X% share of total exports. Singapore (X units) and Brunei Darussalam (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest flexographic printing machinery supplying countries in ASEAN were Indonesia ($X), Malaysia ($X) and Thailand ($X), with a combined X% share of total exports.

Among the main exporting countries, Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, dropping by X% against the previous year. In general, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2013 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per unit in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Malaysia ($X per unit), while Brunei Darussalam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Flexographic Printing Machinery Imports

Imports in ASEAN

In 2022, supplies from abroad of flexographic printing machinery decreased by X% to X units, falling for the fourth consecutive year after four years of growth. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, flexographic printing machinery imports fell to $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the Philippines (X units) and Vietnam (X units) represented the main importers of flexographic printing machinery in ASEAN, together generating X% of total imports. Thailand (X units) took the next position in the ranking, distantly followed by Indonesia (X units). All these countries together held approx. X% share of total imports. Malaysia (X units) and Singapore (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Vietnam ($X) constitutes the largest market for imported flexographic printing machinery in ASEAN, comprising X% of total imports. The second position in the ranking was taken by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Vietnam, flexographic printing machinery imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, surging by X% against the previous year. In general, the import price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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