Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India - 2023
Contents:
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (CIF) - 2022
- Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (FOB) - 2022
- Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India
- Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (CIF) - 2022
In 2022, the average import price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $4,229 per unit, dropping by -11.1% against the previous year. In general, the import price saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 32% against the previous year. As a result, import price reached the peak level of $27,792 per unit. From 2017 to 2022, the average 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 Japan ($36,039 per unit), while the price for China ($1,167 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (FOB) - 2022
In 2022, the average export price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $431 per unit, picking up by 25% against the previous year. Over the period under review, the export price, however, showed a drastic downturn. The export price peaked at $3,243 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($2,572 per unit), while the average price for exports to Nepal ($73 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (-6.5%), while the prices for the other major destinations experienced a decline.
Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India
In 2022, imports of printing machinery; offset, (excluding reel or sheet fed)s into India soared to 22K units, jumping by 36% against the year before. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s soared to $95M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 5.5 | 33.4 | 31.0 | 27.1 | 70.2% |
| China | 20.8 | 13.0 | 16.5 | 20.5 | -0.5% |
| Singapore | 1.3 | 3.5 | 1.8 | 2.9 | 30.7% |
| Others | 59.2 | 24.5 | 29.3 | 44.2 | -9.3% |
| Total | 86.8 | 74.3 | 78.6 | 94.7 | 2.9% |
Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to India in 2022:
- China (17.6K units)
- Singapore (1.9K units)
- Japan (0.8K units)
Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India
In 2022, approx. 30K units of printing machinery; offset, (excluding reel or sheet fed)s were exported from India; which is down by -26.8% compared with the previous year. Over the period under review, exports showed a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of 92% against the previous year. As a result, the exports reached the peak of 41K units, and then dropped rapidly in the following year.
In value terms, exports of printing machinery; offset, (excluding reel or sheet fed)s declined to $13M in 2022. In general, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 67%. As a result, the exports reached the peak of $14M, and then declined in the following year.
| Export of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 3,495 | 1,384 | 4,769 | 3,474 | -0.2% |
| United States | 953 | 615 | 1,923 | 2,555 | 38.9% |
| Uzbekistan | 347 | N/A | 559 | 903 | 37.5% |
| South Korea | 649 | 30.6 | 87.1 | 698 | 2.5% |
| Nepal | 803 | 345 | 649 | 493 | -15.0% |
| United Arab Emirates | 145 | 153 | 133 | 325 | 30.9% |
| Malaysia | 2.1 | 2.4 | 86.2 | 122 | 287.3% |
| Poland | 2.2 | 5.8 | 31.3 | 110 | 268.4% |
| Nigeria | 270 | 127 | 110 | 84.3 | -32.2% |
| Kenya | 674 | 134 | 564 | 44.1 | -59.7% |
| Saudi Arabia | 64.5 | 81.7 | 10.0 | 24.3 | -27.8% |
| Saint Vincent and the Grenadines | N/A | N/A | 0.7 | N/A | 0% |
| Taiwan (Chinese) | 456 | N/A | 103 | N/A | -52.5% |
| Others | 5,358 | 5,484 | 4,922 | 3,967 | -9.5% |
| Total | 13,218 | 8,364 | 13,948 | 12,801 | -1.1% |
Top Export Markets for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) from India in 2022:
- Nepal (6.7K units)
- Uzbekistan (6.3K units)
- South Korea (3.6K units)
- United States (3.3K units)
- United Arab Emirates (2.0K units)
- Bangladesh (1.4K units)
- Poland (0.8K units)
- Malaysia (0.5K units)
- Saudi Arabia (0.3K units)
- Kenya (0.2K units)
- Nigeria (0.1K units)
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