Which Country Exports the Most Printing Ink in the World?

IndexBox has just published a new report "World: Printing Ink - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of printing ink imported worldwide stood at 1.8M tonnes, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when imports increased by 6% y-o-y. Over the period under review, global printing ink imports attained its maximum volume of 1.8M tonnes in 2014- afterwards, it flattened through to 2016.

In value terms, printing ink imports amounted to $13B in 2016. The total import value increased at an average annual rate of +1.9% from 2007 to 2016- the trend pattern indicated some noticeable fluctuations over the period under review. Over the period under review, global printing ink imports attained its maximum level of $15B in 2013- however, from 2014 to 2016, it stood at a somewhat lower level.

Top Printing Ink Importing Countries in the World

1. Germany (2,045.7 million USD)

2. France (1,334.3 million USD)

3. Netherlands (791.7 million USD)

4. United Kingdom (770.5 million USD)

5. Italy (471.9 million USD)

6. China (455.8 million USD)

7. USA (391.1 million USD)

8. Russia (251.1 million USD)

9. Poland (228.8 million USD)

10. Canada (201.9 million USD)

11. India (201.2 million USD)

12. Japan (54.5 million USD)

Printing Ink Imports By Country

In 2016, Germany (321K tonnes), distantly followed by the U.S. (137K tonnes), and the Netherlands (116K tonnes) represented the largest importers of printing ink, together constituting 33% of total imports. France (75K tonnes), the UK (63K tonnes), India (60K tonnes), Italy (57K tonnes), Japan (49K tonnes), China (48K tonnes), Poland (44K tonnes), Canada (42K tonnes), and Russia (42K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to printing ink imports into Germany stood at -1.1%. At the same time, India (+2.4%), the UK (+2.1%), Poland (+1.1%), and the Netherlands (+1.0%) displayed positive paces of growth. Moreover, India emerged as the fastest growing importer/exporter in the world, with a CAGR of +2.4% from 2007-2016. Italy, Russia, the U.S., and Japan experienced a relatively flat trend pattern. By contrast, Canada (-1.4%), France (-3.0%), and China (-4.9%) illustrated a downward trend over the same period. Germany (2%), and China (2%) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest printing ink markets worldwide were Germany ($2B), France ($1.3B) and the Netherlands ($792M), together comprising 33% of global imports.

Germany (+12.3% per year) had the highest growth rate of printing ink imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Printing Ink Import Prices By Country

The average printing ink import price stood at $7,256 per tonne in 2016, remaining constant against the previous year level. Over the last nine years it increased at an average annual rate of +2.2%.The growth pace was the most rapid in 2011, when import increased by 11% year-to-year. Global printing ink import peaked of $8,325 per tonne in 2013- however, from 2014 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was France ($18 per kg), while Japan ($1,118 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of printing ink import prices was attained by Germany (+13.5% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global printing ink market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• printing ink market share
• printing ink prices
• printing ink industry
• printing ink sales
• printing ink import
• printing ink export
• printing ink market forecast
• printing ink price forecast
• key printing ink producers

All data provided in this article covers the following product: HS Code 3215 - Ink- printing, writing or drawing ink and other inks- whether or not concentrated or solid.

Source: World: Printing Ink - Market Report. Analysis and Forecast to 2025