Belgium: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Belgium

In 2022, the Belgian market for reel fed offset printing machinery decreased by X% to $X, falling for the second year in a row after three years of growth. In general, the total consumption indicated a slight 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, consumption decreased by X% against 2020 indices. 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 Offset Printing Machinery in Belgium

In value terms, reel fed offset printing machinery production declined to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a noticeable decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports from Belgium

After three years of growth, shipments abroad of reel fed offset printing machinery decreased by X% to X units in 2022. Over the period under review, exports showed a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of X units, and then contracted significantly in the following year.

In value terms, reel fed offset printing machinery exports fell markedly to $X in 2022. In general, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), France (X units) and Tanzania (X units) were the main destinations of reel fed offset printing machinery exports from Belgium, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Tanzania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) emerged as the key foreign market for reel fed offset printing machinery exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Tanzania ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average export price for reel fed offset printing machinery amounted to $X per unit, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Romania ($X 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 Tanzania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Reel Fed Offset Printing Machinery

Imports into Belgium

After four years of growth, overseas purchases of reel fed offset printing machinery decreased by X% to X units in 2022. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X units in 2021, and then contracted dramatically in the following year.

In value terms, reel fed offset printing machinery imports dropped sharply to $X in 2022. Overall, imports showed a precipitous decline. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United States (X units), Indonesia (X units) and the UK (X units) were the main suppliers of reel fed offset printing machinery imports to Belgium, with a combined X% share of total imports. China, Taiwan (Chinese) and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of reel fed offset printing machinery to Belgium, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Germany (X% per year).

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price, however, faced a deep setback. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 Germany ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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