Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore - 2022

Contents:

  1. Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (FOB) - 2022
  2. Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (CIF) - 2022
  3. Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore
  4. Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore

Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (FOB) - 2022

In 2022, the average export price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $253 per unit, shrinking by -40.7% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 33%. The export price peaked at $643 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($299 per unit), while the average price for exports to Israel ($146 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 Indonesia (+3.5%), while the prices for the other major destinations experienced a decline.

Price for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (CIF) - 2022

In 2022, the average import price for printing machinery; offset, (excluding reel or sheet fed)s amounted to $211 per unit, with a decrease of -22.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2013 an increase of 174%. As a result, import price attained the peak level of $809 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

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 the United States ($533 per unit), while the price for Malaysia ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced a decline.

Exports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore

In 2022, the amount of printing machinery; offset, (excluding reel or sheet fed)s exported from Singapore soared to 396K units, growing by 72% on 2021 figures. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of printing machinery; offset, (excluding reel or sheet fed)s stood at $100M in 2022. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 61%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

Export of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.412.524.256.688.9%
Malaysia11.29.711.111.71.5%
Thailand0.90.91.92.132.6%
Israel0.20.10.11.281.7%
Indonesia1.22.70.60.6-20.6%
Others17.135.060.127.917.7%
Total39.060.998.110036.9%

Top Export Markets for Printing Machinery; Offset, (Excluding Reel or Sheet Fed) from Singapore in 2022:

  1. China (272.7K units)
  2. Malaysia (78.5K units)
  3. Israel (8.1K units)
  4. Thailand (7.0K units)
  5. Indonesia (2.1K units)

Imports of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore

Imports of printing machinery; offset, (excluding reel or sheet fed)s into Singapore soared to 57K units in 2022, increasing by 70% against the previous year. Over the period under review, imports, however, saw a deep setback. Imports peaked at 107K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of printing machinery; offset, (excluding reel or sheet fed)s soared to $12M in 2022. Overall, imports, however, recorded a abrupt setback. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) in Singapore (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France8.2N/A0.61.8-39.7%
China2.91.11.31.6-18.0%
Malaysia1.00.30.91.00.0%
United States1.20.50.90.7-16.4%
Japan1.31.60.30.6-22.7%
Switzerland0.6N/AN/A0.3-20.6%
Others4.95.15.26.17.6%
Total19.98.69.112.0-15.5%

Top Suppliers of Printing Machinery; Offset, (Excluding Reel or Sheet Fed) to Singapore in 2022:

  1. Malaysia (35.4K units)
  2. France (7.0K units)
  3. China (6.9K units)
  4. Japan (2.3K units)
  5. United States (1.3K units)
  6. Switzerland (1.1K units)

Source: IndexBox Market Intelligence Platform

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