Board Converting News, May 26 2025

Flexo Printing Market (CONT’D FROM PAGE 45)

machinery exports from the United States, with a com- bined 42 percent share of total exports. Poland, Honduras, India, Germany, Spain, the UK, Venezuela, China, Ecuador and the Netherlands lagged somewhat behind, together comprising a further 42 percent. From 2013 to 2024, the biggest increases were re- corded for Poland (with a CAGR of +43.3 percent), while shipments for the other leaders experienced more modest paces of growth. In value terms, the largest markets for flexographic printing machinery exported from the United States were Mexico ($13M), Poland ($10M) and Canada ($9.2M), togeth- er accounting for 51 percent of total exports. Poland, with a CAGR of +52.1 percent, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders expe- rienced more modest paces of growth. Export Prices By Country In 2024, the average flexographic printing machinery export price amounted to $67 thousand per unit, increas- ing by 7.5 percent against the previous year. Over the pe- riod from 2013 to 2024, it increased at an average annual rate of +2.8 percent. The pace of growth appeared the most rapid in 2014 an increase of 14 percent against the previous year. The export price peaked at $71 thousand per unit in 2022; however, from 2023 to 2024, the export prices failed to regain momentum.

($4.8 thousand per unit) was amongst the lowest. From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Italy (+8.0 percent), while the prices for the other major suppliers experienced more modest paces of growth. United States’ Exports of Flexo Printing Machinery In 2024, after three years of growth, there was signif- icant decline in overseas shipments of flexographic print- ing machinery, when their volume decreased by 13.1 per- cent to 952 units. Over the period under review, exports showed a pronounced reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 36 percent. Over the period under review, the exports hit record highs at 1.9K units in 2014; however, from 2015 to 2024, the exports stood at a somewhat lower figure. In value terms, flexographic printing machinery exports declined to $64M in 2024. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 53 per- cent. As a result, the exports attained the peak of $105M. From 2015 to 2024, the growth of the exports failed to regain momentum. Exports By Country Mexico (159 units), Canada (128 units) and Belgium (113 units) were the main destinations of flexographic printing

SHINKO SUPER ALPHA OC Open & Close Flexo Folder Gluer

Specifications:

1227    

1125    

925    

618    

Max Speed Max Sheet* Min Sheet* Max Print Area*

*mm (millimeters)

1486 St. Paul Avenue Gurnee, Illinois 60031 USA 847-949-5900 800-621-4343 www.boxmachine.com

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May 26, 2025

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