Report Update: May 1, 2024

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

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Black Printing Ink Price in China - 2023

Black Printing Ink Price in China (CIF) - 2023

In June 2023, the average black printing ink import price amounted to $34,702 per ton, growing by 3.7% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 30% month-to-month. As a result, import price reached the peak level of $37,475 per ton. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($41,487 per ton), while the price for Sweden ($10,943 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Japan (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Black Printing Ink Price in China (FOB) - 2023

The average black printing ink export price stood at $4,691 per ton in June 2023, dropping by -2.7% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 19% against the previous month. The export price peaked at $5,798 per ton in October 2022; however, from November 2022 to June 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($7,208 per ton), while the average price for exports to Algeria ($1,079 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports in China

Black printing ink imports into China declined to 1.7K tons in 2022, waning by -13.8% on the previous year. Overall, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 6.1%.

In value terms, black printing ink imports shrank dramatically to $56M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 16%.

Import of Black Printing Ink in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	24.7	32.0	29.9	23.1	-2.2%
Singapore	4.5	4.4	5.3	6.2	11.3%
South Korea	5.9	8.2	7.2	5.5	-2.3%
France	3.9	4.7	5.3	5.1	9.4%
United Kingdom	4.7	4.9	5.5	4.4	-2.2%
United States	3.0	2.6	2.6	3.2	2.2%
Germany	2.6	2.6	3.9	3.2	7.2%
Belgium	1.8	0.7	0.6	0.4	-39.4%
India	0.3	0.2	0.3	0.3	0.0%
Taiwan (Chinese)	1.8	N/A	N/A	N/A	0%
Others	3.6	5.4	5.4	4.1	4.4%
Total	56.8	65.7	66.0	55.5	-0.8%

Top Suppliers of Black Printing Ink to China in 2022:

Japan (721.4 tons)
Singapore (169.5 tons)
United Kingdom (138.1 tons)
France (110.4 tons)
Germany (101.0 tons)
South Korea (93.2 tons)
India (82.2 tons)
United States (70.3 tons)
Belgium (13.3 tons)

Black Printing Ink Exports in China

Black printing ink exports from China surged to 3.2K tons in 2022, picking up by 19% on the previous year. The total export volume increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, black printing ink exports skyrocketed to $15M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Black Printing Ink in China (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	49.7	46.7	79.9	1,625	219.8%
India	577	474	863	1,369	33.4%
Thailand	288	551	898	1,247	63.0%
Indonesia	454	443	673	1,160	36.7%
Vietnam	701	654	854	852	6.7%
Egypt	479	449	592	673	12.0%
Singapore	660	312	428	563	-5.2%
Nigeria	364	249	426	489	10.3%
Malaysia	328	289	384	462	12.1%
Pakistan	179	314	383	417	32.6%
United Arab Emirates	873	184	86.1	382	-24.1%
Philippines	186	179	387	338	22.0%
Algeria	40.5	31.6	108	101	35.6%
Others	5,455	4,898	6,161	5,754	1.8%
Total	10,633	9,074	12,323	15,430	13.2%

Top Export Markets for Black Printing Ink from China in 2022:

Russia (282.3 tons)
India (230.1 tons)
Indonesia (215.1 tons)
Thailand (185.8 tons)
Egypt (182.4 tons)
Vietnam (170.3 tons)
Nigeria (158.2 tons)
Pakistan (118.7 tons)
Singapore (104.2 tons)
Philippines (81.3 tons)
Malaysia (77.9 tons)
United Arab Emirates (75.1 tons)
Algeria (74.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the black printing ink market in China. 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:

China

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in China
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
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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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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