Commercial Printing Price in China - 2023

Contents:

1. Commercial Printing Price in China (FOB) - 2023
2. Commercial Printing Price in China (CIF) - 2023
3. Commercial Printing Exports in China
4. Commercial Printing Imports in China

Commercial Printing Price in China (FOB) - 2023

The average commercial printing export price stood at $4,036 per ton in June 2023, approximately reflecting the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 16% month-to-month. As a result, the export price attained the peak level of $5,351 per ton. From March 2023 to June 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Australia ($6,762 per ton), while the average price for exports to the Netherlands ($2,798 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+1.2%), while the prices for the other major destinations experienced mixed trend patterns.

Commercial Printing Price in China (CIF) - 2023

The average commercial printing import price stood at $61,869 per ton in June 2023, with an increase of 22% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in September 2022 when the average import price increased by 38% m-o-m. As a result, import price reached the peak level of $71,822 per ton. From October 2022 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Singapore ($218K per ton), while the price for South Korea ($23,205 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Commercial Printing Exports in China

In 2022, commercial printing exports from China amounted to 1.5M tons, growing by 7% against 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 15%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, commercial printing exports rose notably to $7.1B in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 25%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the near future.

Top Export Markets for Commercial Printing from China in 2022:

1. United States (487.2K tons)
2. United Kingdom (98.3K tons)
3. Australia (67.5K tons)
4. Netherlands (62.1K tons)
5. Vietnam (60.5K tons)
6. Germany (35.0K tons)
7. Japan (32.8K tons)
8. Canada (31.5K tons)
9. Malaysia (24.5K tons)
10. Spain (23.4K tons)

Commercial Printing Imports in China

In 2022, purchases abroad of commercial printing (except screen and books) decreased by -38.7% to 59K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 0.7% against the previous year. As a result, imports attained the peak of 123K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, commercial printing imports totaled $2.4B in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6% against the previous year.

Top Suppliers of Commercial Printing to China in 2022:

1. United States (16.2K tons)
2. Japan (6.4K tons)
3. United Kingdom (4.2K tons)
4. South Korea (3.1K tons)
5. Germany (1.5K tons)
6. Italy (1.2K tons)
7. Vietnam (1.2K tons)
8. Singapore (1.0K tons)

Source: IndexBox Market Intelligence Platform