Report Update: May 1, 2024

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

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Black Printing Ink Price in Lithuania - 2023

Black Printing Ink Price in Lithuania (CIF) - 2023

In September 2023, the average black printing ink import price amounted to $8,655 per ton, rising by 6.5% against the previous month. Over the period under review, the import price, however, saw a slight contraction. The growth pace was the most rapid in February 2023 when the average import price increased by 58% month-to-month. As a result, import price attained the peak level of $13,112 per ton. From March 2023 to September 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($84,537 per ton), while the price for Germany ($4,218 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Black Printing Ink Price in Lithuania (FOB) - 2023

In September 2023, the average black printing ink export price amounted to $17,367 per ton, picking up by 124% against the previous month. In general, the export price, however, recorded a noticeable contraction. The export price peaked at $30,895 per ton in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was Austria ($69,897 per ton), while the average price for exports to Belarus ($14,830 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-0.9%), while the prices for the other major destinations experienced a decline.

Black Printing Ink Imports in Lithuania

Black printing ink imports into Lithuania shrank modestly to 471 tons in 2022, falling by -1.7% against the previous year's figure. In general, imports showed a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 3.2% against the previous year.

In value terms, black printing ink imports totaled $3.8M in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Black Printing Ink in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	586	671	900	939	17.0%
Netherlands	430	250	314	640	14.2%
Finland	102	150	318	440	62.8%
Belgium	232	272	445	384	18.3%
Latvia	264	301	378	366	11.5%
Sweden	154	191	257	343	30.6%
Poland	302	277	287	252	-5.9%
Others	1,502	1,251	649	454	-32.9%
Total	3,572	3,364	3,548	3,819	2.3%

Top Suppliers of Black Printing Ink to Lithuania in 2022:

Germany (231.5 tons)
Latvia (91.9 tons)
Poland (58.0 tons)
Sweden (24.8 tons)
Belgium (23.8 tons)
Netherlands (13.3 tons)
Finland (10.7 tons)

Black Printing Ink Exports in Lithuania

After two years of decline, shipments abroad of black printing ink increased by 113% to 367 tons in 2022. Overall, exports showed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, black printing ink exports soared to $3.4M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, the exports reached the peak of $3.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Black Printing Ink in Lithuania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belarus	618	471	562	608	-0.5%
Latvia	354	349	388	384	2.7%
Russia	1,239	1,234	837	371	-33.1%
Romania	0.2	0.1	8.4	300	1044.7%
Poland	61.9	77.2	72.4	270	63.4%
Turkey	1.7	1.7	2.1	269	440.9%
Uzbekistan	40.2	18.1	45.7	247	83.2%
Kazakhstan	26.4	23.2	26.7	219	102.4%
Estonia	235	913	359	194	-6.2%
Others	589	714	592	549	-2.3%
Total	3,166	3,801	2,894	3,412	2.5%

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

Turkey (61.2 tons)
Romania (46.8 tons)
Uzbekistan (45.9 tons)
Kazakhstan (44.8 tons)
Russia (43.5 tons)
Belarus (42.1 tons)
Latvia (22.6 tons)
Poland (18.6 tons)
Estonia (9.2 tons)

Source: IndexBox Market Intelligence Platform

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

Lithuania

Data coverage:

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

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