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

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

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Black Printing Ink Price in Colombia - 2022

Contents:

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

Black Printing Ink Price in Colombia (CIF) - 2022

In February 2022, the average black printing ink import price amounted to $10,601 per ton, reducing by -8.3% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in April 2021 an increase of 60% m-o-m. The import price peaked at $16,098 per ton in October 2021; however, from November 2021 to February 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Philippines ($34,116 per ton), while the price for Mexico ($2,733 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Black Printing Ink Price in Colombia (FOB) - 2022

The average black printing ink export price stood at $4,035 per ton in February 2022, therefore, remained relatively stable against the previous month. Overall, export price indicated a noticeable increase from February 2021 to February 2022: its price increased at an average monthly rate of +3.6% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, black printing ink export price decreased by -2.6% against December 2021 indices. The growth pace was the most rapid in April 2021 an increase of 48% m-o-m. The export price peaked at $4,141 per ton in December 2021; however, from January 2022 to February 2022, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Dominican Republic ($5,402 per ton), while the average price for exports to Brazil ($1,537 per ton) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports in Colombia

In 2022, imports of black printing ink into Colombia fell to 857 tons, reducing by -5.3% on the previous year. Over the period under review, imports showed a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 10% against the previous year.

In value terms, black printing ink imports dropped to $10M in 2022. In general, imports recorded a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $11M, and then dropped in the following year.

Import of Black Printing Ink in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3,1582,7733,3932,868-3.2%
Philippines6591,0201,6911,42929.4%
China9909661,2951,0953.4%
Indonesia1,9391,023284899-22.6%
Japan782495585516-12.9%
Italy10012145638656.9%
Germany633351396382-15.5%
Mexico2521613062580.8%
India2001972672254.0%
South Korea250143230194-8.1%
Taiwan (Chinese)188275151170-3.3%
Netherlands225177135149-12.8%
Peru47.573.012610630.7%
Others1,3961,5221,5501,4030.2%
Total10,8219,29610,86510,081-2.3%

Top Suppliers of Black Printing Ink to Colombia in 2022:

  1. United States (187.0 tons)
  2. China (182.6 tons)
  3. Germany (97.1 tons)
  4. Mexico (88.3 tons)
  5. India (59.2 tons)
  6. Peru (37.7 tons)
  7. Philippines (29.3 tons)
  8. Taiwan (Chinese) (23.8 tons)
  9. Japan (22.9 tons)
  10. South Korea (21.4 tons)
  11. Italy (18.8 tons)
  12. Indonesia (18.7 tons)
  13. Netherlands (11.2 tons)

Black Printing Ink Exports in Colombia

In 2022, the amount of black printing ink exported from Colombia fell to 376 tons, with a decrease of -3.9% on the previous year's figure. In general, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 7.8%.

In value terms, black printing ink exports contracted to $1.2M in 2022. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 13%.

Export of Black Printing Ink in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru960338371444-22.7%
Ecuador310239238210-12.2%
Dominican Republic1451932111715.7%
Mexico183162202164-3.6%
Venezuela4.249.454.944.5119.6%
Brazil65.061.039.344.0-12.2%
Chile41.11.924.720.0-21.3%
Others99.141.184.859.7-15.5%
Total1,8071,0871,2261,156-13.8%

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

  1. Peru (181.2 tons)
  2. Ecuador (62.5 tons)
  3. Mexico (42.7 tons)
  4. Dominican Republic (33.1 tons)
  5. Brazil (19.0 tons)
  6. Venezuela (10.2 tons)
  7. Chile (7.1 tons)

Source: IndexBox Market Intelligence Platform

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

  • Colombia

Data coverage:

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