EU: Printing Ink Market 2024

Printing Ink Market Size in the EU

After two years of growth, the EU printing ink market decreased by X% to $X in 2022. Over the period under review, consumption continues to indicate a slight decrease. The level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Printing Ink Production in the EU

In value terms, printing ink production rose to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Printing Ink Exports

Exports in the EU

In 2022, the amount of printing ink exported in the European Union reduced to X tons, declining by X% on 2021. Overall, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, printing ink exports dropped to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany was the main exporting country with an export of around X tons, which resulted at X% of total exports. The Netherlands (X tons) took the second position in the ranking, distantly followed by Spain (X tons), Italy (X tons), Belgium (X tons), France (X tons) and Luxembourg (X tons). All these countries together took near X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to printing ink exports from Germany stood at X%. At the same time, Luxembourg (X%) and Spain (X%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. Belgium and France experienced a relatively flat trend pattern. By contrast, Italy (X%) and the Netherlands (X%) illustrated a downward trend over the same period. While the share of Spain (X p.p.) and Luxembourg (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Belgium, Italy, Spain and Luxembourg lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Luxembourg, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2017 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while Luxembourg ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the other leaders experienced more modest paces of growth.

Printing Ink Imports

Imports in the EU

In 2022, imports of printing ink in the European Union declined notably to X tons, reducing by X% on the previous year's figure. Over the period under review, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, printing ink imports contracted to $X in 2022. In general, imports recorded a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The purchases of the nine major importers of printing ink, namely Belgium, Germany, France, Poland, Italy, the Netherlands, Spain, Austria and the Czech Republic, represented more than two-thirds of total import. The following importers - Hungary (X tons), Slovakia (X tons), Romania (X tons) and Greece (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest printing ink importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined X% share of total imports. Italy, Poland, Belgium, Austria, Spain, the Czech Republic, Hungary, Greece, Romania and Slovakia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform