Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait - 2022
Contents:
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait (CIF) - 2022
- Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait (CIF) - 2022
The average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings stood at $414 per unit in 2022, waning by -23.4% against the previous year. Over the period under review, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 128%. As a result, import price attained the peak level of $2,541 per unit. From 2021 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.5% per year.
Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait
In 2022, after three years of growth, there was significant decline in overseas purchases of printing machinery; letterpress, other than reel-fed, excluding flexographic printings, when their volume decreased by -71.5% to 39 units. Overall, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 954%. As a result, imports attained the peak of 137 units, and then shrank significantly in the following year.
In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings dropped notably to $16K in 2022. In general, imports, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 169%. Over the period under review, imports of reached the maximum at $74K in 2021, and then dropped remarkably in the following year.
| Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.5 | 2.1 | 2.9 | 16.1 | 218.1% |
| Germany | 1.6 | 8.5 | 9.4 | N/A | 142.4% |
| China | 0.5 | 0.2 | 19.8 | N/A | 529.3% |
| France | 0.5 | 1.7 | 1.9 | N/A | 94.9% |
| United Arab Emirates | 4.1 | 0.5 | 15.5 | N/A | 94.4% |
| Taiwan (Chinese) | 4.5 | 17.7 | 22.2 | N/A | 122.1% |
| Others | 0.5 | 2.3 | 2.2 | N/A | 109.8% |
| Total | 12.3 | 33.0 | 74.0 | 16.1 | 9.4% |
Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to Kuwait in 2022:
- Turkey (39.0 units)
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