Price for Book-Binding Machinery; Including Book-Sewing Machines in the UK - 2023

Contents:

  1. Price for Book-Binding Machinery; Including Book-Sewing Machines in the UK (CIF) - 2022
  2. Price for Book-Binding Machinery; Including Book-Sewing Machines in the UK (FOB) - 2022
  3. Imports of Book-Binding Machinery; Including Book-Sewing Machines in the UK
  4. Exports of Book-Binding Machinery; Including Book-Sewing Machines in the UK

Price for Book-Binding Machinery; Including Book-Sewing Machines in the UK (CIF) - 2022

In 2022, the average import price for book-binding machinery; including book-sewing machineses amounted to $384 per unit, declining by -34.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 32% against the previous year. The import price peaked at $585 per unit in 2021, and then shrank markedly in the following year.

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 Switzerland ($988 per unit), while the price for Mexico ($107 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Book-Binding Machinery; Including Book-Sewing Machines in the UK (FOB) - 2022

The average export price for book-binding machinery; including book-sewing machineses stood at $222 per unit in 2022, which is down by -5.2% against the previous year. Overall, the export price continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2016 an increase of 14%. The export price peaked at $321 per unit in 2014; however, from 2015 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 the Netherlands ($500 per unit), while the average price for exports to Hong Kong SAR ($43 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 Israel (+1.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Book-Binding Machinery; Including Book-Sewing Machines in the UK

In 2022, the amount of book-binding machinery; including book-sewing machineses imported into the UK expanded slightly to 69K units, growing by 3.9% on 2021. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 4.8% against the previous year. Imports peaked at 115K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, book-binding machinery; including book-sewing machines imports dropped significantly to $27M in 2022. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, imports attained the peak figure at $46M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Book-Binding Machinery; Including Book-Sewing Machines in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany15.17.914.37.5-20.8%
Switzerland6.95.74.65.0-10.2%
Japan9.25.52.74.7-20.1%
Italy4.63.11.41.5-31.2%
United States1.60.41.01.3-6.7%
China0.91.01.21.210.1%
Latvia3.02.72.40.9-33.1%
Portugal1.30.40.40.8-14.9%
India0.1N/AN/A0.8100.0%
MexicoN/AN/AN/A0.40%
Belgium0.95.68.00.2-39.4%
Others2.81.73.12.4-5.0%
Total46.433.939.026.6-16.9%

Top Suppliers of Book-Binding Machinery; Including Book-Sewing Machines to the UK in 2022:

  1. Germany (11.6K units)
  2. Japan (10.5K units)
  3. China (8.8K units)
  4. United States (7.1K units)
  5. Portugal (5.1K units)
  6. Switzerland (5.0K units)
  7. Mexico (3.9K units)
  8. Italy (3.5K units)
  9. India (3.0K units)
  10. Latvia (2.3K units)
  11. Belgium (0.3K units)

Exports of Book-Binding Machinery; Including Book-Sewing Machines in the UK

In 2022, overseas shipments of book-binding machinery; including book-sewing machineses increased by 0.1% to 122K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn. Over the period under review, the exports attained the maximum at 220K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, book-binding machinery; including book-sewing machines exports reduced to $27M in 2022. Overall, exports, however, showed a abrupt contraction. The exports peaked at $51M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Book-Binding Machinery; Including Book-Sewing Machines in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10.88.19.17.3-12.2%
Germany3.72.11.32.1-17.2%
Netherlands4.11.32.71.9-22.6%
China3.40.60.81.0-33.5%
South Korea0.30.10.51.049.4%
Hong Kong SAR2.41.71.71.0-25.3%
United Arab Emirates0.20.1N/A0.965.1%
Canada0.20.20.30.644.2%
Italy1.71.10.40.6-29.3%
India1.81.10.40.6-30.7%
Israel0.2N/A0.10.535.7%
Vietnam0.1N/A0.10.571.0%
Mexico0.20.10.20.314.5%
Others22.015.411.18.8-26.3%
Total51.131.928.627.1-19.1%

Top Export Markets for Book-Binding Machinery; Including Book-Sewing Machines from the UK in 2022:

  1. Hong Kong SAR (23.5K units)
  2. United States (15.1K units)
  3. India (12.2K units)
  4. China (9.2K units)
  5. South Korea (6.9K units)
  6. Germany (6.4K units)
  7. Vietnam (5.9K units)
  8. Netherlands (3.8K units)
  9. United Arab Emirates (3.7K units)
  10. Canada (2.7K units)
  11. Mexico (2.6K units)
  12. Italy (2.5K units)
  13. Israel (2.4K units)

Source: IndexBox Market Intelligence Platform

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