Serbia: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Serbia

The Serbian market for reel fed offset printing machinery expanded remarkably to $X in 2022, with an increase of X% against the previous year. In general, consumption showed a abrupt decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Reel Fed Offset Printing Machinery in Serbia

In value terms, reel fed offset printing machinery production stood at $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by X%. Reel fed offset printing machinery production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Reel Fed Offset Printing Machinery

Exports from Serbia

For the seventh year in a row, Serbia recorded growth in shipments abroad of reel fed offset printing machinery, which increased by X% to X units in 2022. Over the period under review, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, reel fed offset printing machinery exports skyrocketed to $X in 2022. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

The Netherlands (X units) was the main destination for reel fed offset printing machinery exports from Serbia, accounting for a X% share of total exports. Moreover, reel fed offset printing machinery exports to the Netherlands exceeded the volume sent to the second major destination, Croatia (X units), ninefold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (X% per year) and Montenegro (X% per year).

In value terms, the Netherlands ($X) emerged as the key foreign market for reel fed offset printing machinery exports from Serbia, comprising X% of total exports. The second position in the ranking was held by Croatia ($X), with a X% share of total exports.

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

Export Prices by Country

The average export price for reel fed offset printing machinery stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Montenegro ($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 Belgium (X%), while the prices for the other major destinations experienced a decline.

Imports of Reel Fed Offset Printing Machinery

Imports into Serbia

In 2022, after two years of decline, there was significant growth in overseas purchases of reel fed offset printing machinery, when their volume increased by X% to X units. Overall, imports posted a notable expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, reel fed offset printing machinery imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a strong expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X units) was the main supplier of reel fed offset printing machinery to Serbia, with a X% share of total imports. It was followed by Japan (X units), with a X% share of total imports.

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

In value terms, the Netherlands ($X) constituted the largest supplier of reel fed offset printing machinery to Serbia, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports.

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

Import Prices by Country

The average import price for reel fed offset printing machinery stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price posted a tangible increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

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

Source: IndexBox Platform

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