Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia - 2022

Contents:

  1. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia (CIF) - 2022
  2. Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia (CIF) - 2022

The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $15,977 per unit in 2022, surging by 61% against the previous year. Over the period under review, the import price enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 126% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($17,948 per unit), while the price for China totaled $15,484 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia

In 2022, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings into Ethiopia reduced notably to 5 units, which is down by -80% on 2021 figures. Overall, imports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports reached the peak of 25 units, and then contracted notably in the following year.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings shrank sharply to $80K in 2022. Over the period under review, imports showed a slight reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 109%. As a result, imports attained the peak of $248K, and then fell dramatically in the following year.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.160.116761.919.7%
Germany7.917.634.117.931.3%
Switzerland2.0N/AN/AN/A0%
Sweden6.07.410.2N/A30.4%
United Kingdom1.71.71.9N/A5.7%
FinlandN/AN/A1.0N/A0%
United Arab Emirates4.66.19.1N/A40.7%
Italy3.56.82.9N/A-9.0%
United States17.618.521.6N/A10.8%
Canada3.6N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total83.011824879.9-1.3%

Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to Ethiopia in 2022:

  1. China (4.0 units)
  2. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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