China: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in China

In 2022, the Chinese market for reel fed offset printing machinery decreased by X% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in China

In value terms, reel fed offset printing machinery production dropped to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports from China

In 2022, overseas shipments of reel fed offset printing machinery increased by X% to X units, rising for the second year in a row after two years of decline. Overall, exports, however, saw a mild decrease. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, reel fed offset printing machinery exports contracted slightly to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then declined in the following year.

Exports by Country

Vietnam (X units) was the main destination for reel fed offset printing machinery exports from China, accounting for a X% share of total exports. Moreover, reel fed offset printing machinery exports to Vietnam exceeded the volume sent to the second major destination, Hungary (X units), threefold. The third position in this ranking was held by Italy (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (X% per year) and Italy (X% per year).

In value terms, Italy ($X), Turkey ($X) and Spain ($X) were the largest markets for reel fed offset printing machinery exported from China worldwide, with a combined X% share of total exports. Vietnam, Malaysia, Thailand, Hungary, Indonesia, Argentina, Singapore and Djibouti lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Singapore, with a CAGR of X%, saw 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

In 2022, the average export price for reel fed offset printing machinery amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, posted a mild increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 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 Italy ($X per unit), while the average price for exports to Djibouti ($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 Singapore (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Reel Fed Offset Printing Machinery

Imports into China

Reel fed offset printing machinery imports into China reduced rapidly to X units in 2022, shrinking by X% compared with 2021. In general, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports fell remarkably to $X in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest reel fed offset printing machinery supplier to China, accounting for a X% share of total imports. Moreover, reel fed offset printing machinery imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was taken by France (X units), with an X% share.

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

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

From 2012 to 2022, the average annual rate of growth in terms of value from Japan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (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, falling by X% against the previous year. In general, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X,922 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :