In 2023, Germany led the global export of flexographic printing machinery with a value of $412.01 million, followed by Italy and the United States. Year-on-year variations show that China, Serbia, and Lithuania experienced strong growth, with China growing at 4.68% and Serbia significantly at 11.94%. Conversely, Switzerland and Canada faced declines, at -3.08% and -5.44% respectively. Over the last five years, Lithuania and Indonesia witnessed notable growth rates, indicating an increasing presence in this market segment.
Future trends to watch include potential growth from emerging markets like Indonesia, driven by increased print packaging demand. Meanwhile, technological advancements and automation could influence shifts in market share among established exporters.
Top countries in Export of Flexographic Printing Machinery by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 412,010,000 | 2023 | +1.22% | +1.27% | View data |
| 2 | 2 Italy | 253,070,000 | 2023 | +2.32% | +2.37% | View data |
| 3 | 3 United States | 110,240,000 | 2023 | +2.04% | +2.09% | View data |
| 4 | 4 France | 97,083,000 | 2023 | +3.9% | +3.71% | View data |
| 5 | 5 Switzerland | 96,693,000 | 2023 | +0.52% | -3.08% | View data |
| 6 | 6 China | 79,890,000 | 2023 | +4.79% | +4.68% | View data |
| 7 | 7 Spain | 61,922,000 | 2023 | +1.64% | +2.32% | View data |
| 8 | 8 Netherlands | 49,552,000 | 2023 | +2.35% | +2.59% | View data |
| 9 | 9 Czech Republic | 45,530,000 | 2023 | +3.66% | +1.63% | View data |
| 10 | 10 Denmark | 40,280,000 | 2023 | -1.7% | -5.72% | View data |
