Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea - 2022
Contents:
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (CIF) - 2022
- Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (FOB) - 2022
- Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea
- Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (CIF) - 2022
In 2022, the average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $2,071 per unit, waning by -51.3% against the previous year. Over the period under review, the import price showed a deep slump. The pace of growth was the most pronounced in 2015 an increase of 445%. The import price peaked at $7,319 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($14,686 per unit), while the price for the UK ($494 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (FOB) - 2022
In 2022, the average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $6,099 per unit, surging by 1,551% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. Over the period under review, the average export prices attained the peak figure at $25,585 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($7,311 per unit), while the average price for exports to Mexico stood at $4,886 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+51.0%), while the prices for the other major destinations experienced a decline.
Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea
In 2022, the amount of printing machinery; letterpress, other than reel-fed, excluding flexographic printings imported into South Korea soared to 155 units, growing by 210% against the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 6,483%. As a result, imports reached the peak of 2.7K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings soared to $321K in 2022. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 4,473%. As a result, imports attained the peak of $8.3M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.7 | 125 | 61.2 | 147 | 139.5% |
| China | 156 | 0.7 | 14.7 | 68.6 | -24.0% |
| United Kingdom | 0.1 | 1.1 | 3.0 | 62.7 | 755.9% |
| Italy | 1.8 | 20.0 | 46.1 | 24.6 | 139.1% |
| Finland | 0.5 | 5.9 | 3.3 | 6.9 | 139.9% |
| Austria | N/A | 8,061 | N/A | N/A | 0% |
| Others | 12.6 | 112 | 84.2 | 11.3 | -3.6% |
| Total | 182 | 8,327 | 213 | 321 | 20.8% |
Top Suppliers of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing to South Korea in 2022:
- United Kingdom (127.0 units)
- Germany (10.0 units)
- China (6.0 units)
- Italy (5.0 units)
- Finland (4.0 units)
Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea
In 2022, shipments abroad of printing machinery; letterpress, other than reel-fed, excluding flexographic printings decreased by -81.8% to 2 units, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. As a result, the exports reached the peak of 14 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings skyrocketed to $12K in 2022. Over the period under review, exports recorded a dramatic setback. The exports peaked at $134K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | N/A | 7.3 | 0% |
| Mexico | 9.3 | 4.6 | 0.1 | 4.9 | -19.2% |
| Hong Kong SAR | 17.8 | 14.7 | 0.7 | N/A | -80.2% |
| China | 15.4 | 14.3 | 0.7 | N/A | -78.7% |
| Vietnam | 12.8 | 7.8 | 0.4 | N/A | -82.3% |
| Jordan | 4.0 | 3.6 | 0.2 | N/A | -77.6% |
| Guatemala | 0.3 | 0.2 | N/A | N/A | -33.3% |
| Malaysia | 0.9 | 0.7 | N/A | N/A | -22.2% |
| United States | 10.8 | 7.9 | 0.3 | N/A | -83.3% |
| Singapore | 33.9 | 32.3 | 1.6 | N/A | -78.3% |
| Indonesia | 3.5 | 0.1 | N/A | N/A | -97.1% |
| Turkey | N/A | 29.0 | N/A | N/A | 0% |
| Brazil | 25.1 | 10.5 | N/A | N/A | -58.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 134 | 126 | 4.1 | 12.2 | -55.0% |
Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from South Korea in 2022:
- Austria (1.0 units)
- Mexico (1.0 units)
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