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

Contents:

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

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

In 2022, the average import price for printing machinery; letterpress, other than reel-fed, excluding flexographic printings amounted to $8,112 per unit, with a decrease of -69.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 92%. As a result, import price attained the peak level of $39,080 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,454 per unit), while the price for Japan totaled $5,770 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings into Vietnam dropped dramatically to 2 units, with a decrease of -95.3% against the previous year's figure. In general, imports showed a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 23% against the previous year. Imports peaked at 48 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of printing machinery; letterpress, other than reel-fed, excluding flexographic printings shrank markedly to $16K in 2022. Over the period under review, imports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 54%. Over the period under review, imports of hit record highs at $1.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Printing Machinery; Letterpress, Other than Reel-Fed, Excluding Flexographic Printing in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11336.611510.5-54.7%
Japan80.43.368.05.8-58.4%
Hong Kong SAR23.06.817.0N/A-14.0%
Thailand80.721.649.3N/A-21.8%
South Korea96.621.057.1N/A-23.1%
China147467257N/A32.2%
France74.013.420.7N/A-47.1%
DenmarkN/AN/A69.6N/A0%
Singapore1.80.40.8N/A-33.3%
Taiwan (Chinese)46.418.385.8N/A36.0%
Italy431131342N/A-10.9%
Australia49.412.828.2N/A-24.4%
Turkey75.2N/AN/AN/A0%
Others38.912.639.6N/A0.9%
Total1,2587451,15016.2-76.6%

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

  1. Japan (1.0 units)
  2. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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