HS Code:
The Letterpress category, often associated with printing machinery and equipment under HS Code 8443, includes machines and tools used for letterpress printing, a traditional printing technique that involves pressing inked type or plates onto paper. This category covers a range of products from antique letterpress machines to modern adaptations used in niche markets like artisan printing, invitations, and specialty stationery. While digital printing has largely overtaken traditional methods, letterpress retains a significant cultural and commercial value in high-end, bespoke printing markets.
Total Trade Volume
USD 150 million
Data from 2022
Source
United Nations Comtrade Database
USD 40 million
26.7% of total trade of total trade
Stable
USD 30 million
20.0% of total trade of total trade
Increasing
USD 25 million
16.7% of total trade of total trade
Decreasing
USD 20 million
13.3% of total trade of total trade
Stable
USD 15 million
10.0% of total trade of total trade
Increasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries to protect local industries)
Lowest Rate
0% (under free trade agreements like EU-UK Trade Deal)
Resurgence of artisanal printing
Increased demand for letterpress equipment in niche markets like wedding invitations and luxury stationery, particularly in North America and Europe.
2021-2022
Digital printing dominance
Continued decline in mass-market demand for letterpress machinery as digital solutions offer cost-effective and faster alternatives.
2018-2022
Sustainability concerns
Growing preference for eco-friendly inks and materials in letterpress printing, influencing equipment design and trade patterns.
2020-2022
The European Union reduced tariffs on imported printing machinery, including letterpress equipment, to 0% under new trade agreements with key partners.
January 2023
Expected to boost imports from Japan and the US, increasing competition in the European market.
A surge in small business grants and investments in the US has supported artisanal printing startups, driving demand for refurbished and new letterpress machines.
March 2022
Increased trade volume for letterpress equipment imports and domestic production.
Japan, a traditional leader in precision printing machinery, reported a decline in letterpress exports due to shifting focus to digital technologies.
October 2022
Potential market gap for other exporters like Germany and Italy to fill.