Price for Printing machinery; letterpress, other than reel-fed, excluding flexographic printing in the Dominican Republic - 2023

Contents:

  1. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic (CIF) - 2022
  2. Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic (FOB) - 2022
  3. Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic
  4. Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic

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

In 2022, the average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $3,197 per unit, jumping by 127% against the previous year. Overall, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 133% against the previous year. The import price peaked at $4,442 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 Japan ($7,920 per unit), while the price for Canada ($58 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (+22.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic (FOB) - 2022

In 2022, the average export price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $50 per unit, falling by -75.6% against the previous year. Overall, the export price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 147% against the previous year. Over the period under review, the average export prices attained the maximum at $37,788 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cuba.

From 2012 to 2022, the rate of growth in terms of prices for Haiti amounted to +4.5% per year.

Imports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic

In 2022, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings into the Dominican Republic surged to 16 units, picking up by 300% against the previous year. In general, imports enjoyed prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings surged to $51K in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.95.04.135.8131.1%
JapanN/AN/AN/A7.90%
United States14.05.41.53.8-35.3%
United KingdomN/AN/AN/A3.70%
CanadaN/AN/AN/A0.10%
GermanyN/A28.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total16.939.45.651.244.7%

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

  1. China (9.0 units)
  2. United States (4.0 units)
  3. Japan (1.0 units)
  4. United Kingdom (1.0 units)
  5. Canada (1.0 units)

Exports of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic

After two years of decline, shipments abroad of printing machinery; letterpress, other than reel-fed, excluding flexographic printings decreased by -75% to 1 units in 2022. In general, exports faced a precipitous decrease. The exports peaked at 4 units in 2021, and then contracted rapidly in the following year.

In value terms, exports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings plummeted to $50 in 2022. Over the period under review, exports recorded a sharp reduction. Over the period under review, the exports of attained the maximum at $820 in 2021, and then declined markedly in the following year.

Export of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in the Dominican Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
CubaN/AN/AN/A50.00%
Haiti556N/A820N/A21.4%
OthersN/AN/AN/AN/A0%
Total556N/A82050.0-55.2%

Top Export Markets for Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing from the Dominican Republic in 2022:

  1. Cuba (1.0 units)

Source: IndexBox Market Intelligence Platform

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