Germany Leads in EU Printing Ink Production and Trade
Paints and Varnishes January 18, 2016
From 2007 to 2014, EU printing ink production showed a steady decrease, falling from 1,366 thousand tonnes in 2007 to 1,084 thousand tonnes in 2014. It dropped with a CAGR of -3.2% over the period under review. In value terms, EU printing ink production decreased to 3,704 million EUR in 2014, falling by -2.4% annually.
Germany was the largest producer of printing ink in absolute volumes, with 528 thousand tonnes. It was distantly followed by Italy (127 thousand tonnes), the Netherlands (127 thousand tonnes) and the United Kingdom (99 thousand tonnes).
Positive dynamics in printing ink production among the main producing countries from 2007 to 2014 were recorded in the Netherlands (+4.9% per year), while for the other three EU leaders (Germany, Italy and the United Kingdom) the paces of growth were negative.
Germany dominated in EU printing ink production and trade. In 2014, it exported 55% of its total printing ink output. Of this amount, 11% was supplied to France, where Germany's printing ink held a 40% share of total French imports.
Source: EU: Printing Ink - Market Report. Analysis And Forecast To 2020
