Sri Lanka - Black Printing Ink - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sri Lanka - Black Printing Ink - Market Analysis, Forecast, Size, Trends And Insights

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Black Printing Ink Price in Sri Lanka - 2021

Contents:

  1. Black Printing Ink Price in Sri Lanka (CIF) - 2022
  2. Black Printing Ink Price in Sri Lanka (FOB) - 2022
  3. Black Printing Ink Imports in Sri Lanka
  4. Black Printing Ink Exports in Sri Lanka

Black Printing Ink Price in Sri Lanka (CIF) - 2022

The average black printing ink import price stood at $10,794 per ton in 2022, surging by 7.9% against the previous year. Overall, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 an increase of 35%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

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 Switzerland ($77,033 per ton), while the price for India ($3,378 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Black Printing Ink Price in Sri Lanka (FOB) - 2022

In 2022, the average black printing ink export price amounted to $31,880 per ton, surging by 4.8% against the previous year. Overall, the export price posted strong growth. The growth pace was the most rapid in 2018 an increase of 45% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($64,379 per ton), while the average price for exports to Tunisia ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports in Sri Lanka

For the third consecutive year, Sri Lanka recorded decline in purchases abroad of black printing ink, which decreased by -22.6% to 302 tons in 2022. Overall, imports recorded a abrupt decline. The smallest decline of -12.3% was in 2021.

In value terms, black printing ink imports dropped markedly to $3.3M in 2022. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports reached the peak of $3.9M, and then contracted dramatically in the following year.

Import of Black Printing Ink in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland29437458955823.8%
United Kingdom542483633517-1.6%
India721604615429-15.9%
China349230320336-1.3%
Singapore2251191832837.9%
Hong Kong SAR253198222219-4.7%
United States222202268187-5.6%
Italy190130133132-11.4%
Germany11812810294.3-7.2%
Australia67.510151.062.7-2.4%
Malaysia6.871.625.237.075.9%
Others860663769408-22.0%
Total3,8473,3033,9093,264-5.3%

Top Suppliers of Black Printing Ink to Sri Lanka in 2022:

  1. India (127.0 tons)
  2. China (63.8 tons)
  3. United Kingdom (19.0 tons)
  4. Singapore (16.1 tons)
  5. Germany (10.6 tons)
  6. Hong Kong SAR (8.7 tons)
  7. Australia (8.3 tons)
  8. Italy (8.2 tons)
  9. United States (8.1 tons)
  10. Switzerland (7.2 tons)
  11. Malaysia (6.3 tons)

Black Printing Ink Exports in Sri Lanka

In 2022, overseas shipments of black printing ink decreased by -11.4% to 592 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 88% against the previous year. As a result, the exports reached the peak of 4.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, black printing ink exports shrank to $19K in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 70%. As a result, the exports reached the peak of $89K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Black Printing Ink in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/A0.110.310200.0%
Maldives0.95.40.44.267.1%
Bangladesh1.12.1N/A3.648.5%
Papua New GuineaN/AN/AN/A0.30%
Ethiopia2.87.01.10.2-58.5%
Seychelles0.20.2N/A0.1-20.6%
United KingdomN/AN/A12.0N/A0%
Cambodia5.621.00.9N/A-59.9%
India40.545.25.3N/A-63.8%
OmanN/A0.1N/AN/A0%
Others1.58.30.4N/A-48.4%
Total52.689.320.318.9-28.9%

Top Export Markets for Black Printing Ink from Sri Lanka in 2022:

  1. Indonesia (252.0 kg)
  2. Bangladesh (227.0 kg)
  3. Maldives (66.0 kg)
  4. Papua New Guinea (23.0 kg)
  5. Seychelles (14.0 kg)
  6. Ethiopia (8.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the black printing ink market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20302450 - Black printing inks

Country coverage:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Black Printing Ink - Sri Lanka