ASEAN: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in ASEAN

The ASEAN market for reel fed offset printing machinery totaled $X in 2022, leveling off at the previous year. In general, consumption, however, posted a moderate increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in ASEAN

In value terms, reel fed offset printing machinery production shrank to $X in 2022 estimated in export price. Overall, production, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Reel Fed Offset Printing Machinery

Exports in ASEAN

In 2022, overseas shipments of reel fed offset printing machinery increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports posted strong growth. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, reel fed offset printing machinery exports shrank to $X in 2022. In general, exports posted modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore prevails in exports structure, resulting at X units, which was approx. X% of total exports in 2022. Myanmar (X units) took the second position in the ranking, followed by Thailand (X units). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to reel fed offset printing machinery exports from Singapore stood at X%. At the same time, Thailand (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Myanmar (X%) illustrated a downward trend over the same period. Myanmar (X p.p.), Singapore (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest reel fed offset printing machinery supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Thailand stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Myanmar (X% per year).

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 saw a abrupt downturn. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per unit in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (X%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Offset Printing Machinery

Imports in ASEAN

After two years of growth, overseas purchases of reel fed offset printing machinery decreased by X% to X units in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, reel fed offset printing machinery imports expanded rapidly to $X in 2022. Overall, imports saw a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X units) and Thailand (X units) represented roughly X% of total imports in 2022. It was distantly followed by Vietnam (X units), committing a X% share of total imports. The following importers - Malaysia (X units) and Indonesia (X units) - each accounted for a X% share of total imports.

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

In value terms, the largest reel fed offset printing machinery importing markets in ASEAN were Thailand ($X), Vietnam ($X) and Indonesia ($X), together comprising X% of total imports.

Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, growing by X% against the previous year. Overall, the import price, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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