Turkey - Color Printing Ink - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingColor Printing Ink Price in Turkey - 2023
Contents:
- Color Printing Ink Price in Turkey (CIF) - 2023
- Color Printing Ink Price in Turkey (FOB) - 2022
- Color Printing Ink Imports in Turkey
- Color Printing Ink Exports in Turkey
Color Printing Ink Price in Turkey (CIF) - 2023
In September 2023, the average color printing ink import price amounted to $8,518 per ton, increasing by 10% against the previous month. Overall, the import price, however, showed a mild contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 66% month-to-month. As a result, import price reached the peak level of $13,113 per ton. From April 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 UK ($17,145 per ton), while the price for the Netherlands ($4,257 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 India (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Color Printing Ink Price in Turkey (FOB) - 2022
In 2022, the average color printing ink export price amounted to $5,322 per ton, picking up by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2016 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($6,089 per ton), while the average price for exports to Nigeria ($3,707 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.
Color Printing Ink Imports in Turkey
In 2022, approx. 13K tons of color printing ink were imported into Turkey; increasing by 23% on the year before. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, color printing ink imports skyrocketed to $118M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Color Printing Ink in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 20.1 | 18.1 | 20.3 | 25.9 | 8.8% |
| Switzerland | 12.3 | 11.8 | 16.0 | 20.6 | 18.8% |
| United Kingdom | 5.7 | 5.7 | 4.9 | 10.9 | 24.1% |
| Italy | 9.1 | 7.1 | 8.5 | 10.2 | 3.9% |
| Spain | 5.9 | 6.7 | 6.6 | 7.8 | 9.8% |
| China | 3.7 | 4.2 | 5.3 | 6.0 | 17.5% |
| Netherlands | 6.7 | 6.3 | 4.6 | 5.3 | -7.5% |
| India | 3.7 | 3.4 | 5.1 | 4.9 | 9.8% |
| South Korea | 1.6 | 2.2 | 4.9 | 4.8 | 44.2% |
| Others | 15.9 | 16.0 | 17.2 | 21.3 | 10.2% |
| Total | 84.6 | 81.5 | 93.3 | 118 | 11.7% |
Top Suppliers of Color Printing Ink to Turkey in 2022:
- Germany (4.1K tons)
- Italy (1.3K tons)
- Spain (1.1K tons)
- Netherlands (1.0K tons)
- Switzerland (1.0K tons)
- India (0.9K tons)
- United Kingdom (0.6K tons)
- China (0.6K tons)
- South Korea (0.5K tons)
Color Printing Ink Exports in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of color printing ink, which increased by 57% to 17K tons in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, color printing ink exports surged to $91M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Color Printing Ink in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.0 | 1.6 | 1.8 | 34.7 | 226.2% |
| Iran | 8.5 | 4.5 | 6.8 | 6.7 | -7.6% |
| Egypt | 2.0 | 3.6 | 6.9 | 5.9 | 43.4% |
| Bangladesh | 0.8 | 2.1 | 3.5 | 4.8 | 81.7% |
| Azerbaijan | 1.5 | 2.6 | 1.9 | 2.7 | 21.6% |
| Italy | 0.4 | 1.4 | 2.1 | 2.5 | 84.2% |
| Uzbekistan | 1.2 | 1.3 | 1.7 | 2.2 | 22.4% |
| Iraq | 2.0 | 1.6 | 2.3 | 1.9 | -1.7% |
| Israel | 1.3 | 1.4 | 1.6 | 1.8 | 11.5% |
| Morocco | 0.1 | 0.1 | 0.5 | 1.5 | 146.6% |
| Nigeria | 0.8 | 2.3 | 2.3 | 1.5 | 23.3% |
| Lebanon | 1.3 | 0.9 | 1.1 | 1.4 | 2.5% |
| North Macedonia | 0.9 | 1.1 | 1.4 | 1.4 | 15.9% |
| Others | 15.4 | 16.9 | 18.2 | 21.7 | 12.1% |
| Total | 37.2 | 41.4 | 52.0 | 91.0 | 34.7% |
Top Export Markets for Color Printing Ink from Turkey in 2022:
- Russia (5.7K tons)
- Egypt (1.3K tons)
- Bangladesh (1.2K tons)
- Iran (1.1K tons)
- Azerbaijan (0.6K tons)
- Israel (0.4K tons)
- North Macedonia (0.4K tons)
- Uzbekistan (0.4K tons)
- Morocco (0.4K tons)
- Italy (0.4K tons)
- Nigeria (0.4K tons)
- Iraq (0.4K tons)
- Lebanon (0.3K tons)
This report provides an in-depth analysis of the color printing ink market in Turkey. 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 20302470 - Printing inks (excluding black)
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- 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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- 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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
150
This report provides an in-depth analysis of the color printing ink market in Turkey.
661
This report provides an in-depth analysis of the printing ink market in Turkey.
303
This report provides an in-depth analysis of the black printing ink market in Turkey.
332
This report provides an in-depth analysis of the ink market in Turkey.
154
This report provides an in-depth analysis of the global color printing ink market.
1605
This report provides an in-depth analysis of the global printing ink market.
550
This report provides an in-depth analysis of the global black printing ink market.
804
This report provides an in-depth analysis of the global ink market.
150
This report provides an in-depth analysis of the color printing ink market in Turkey.
661
This report provides an in-depth analysis of the printing ink market in Turkey.
1011
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
4203
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
1351
Despite a slight dip in exports, Germany continued its dominance in the global printing ink trade. In 2014, Germany exported X thousand tons of printing ink totaling X million USD, X% under the previous year. Its primary trading partner was Fra
168
Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.
1011
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
4203
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
1351
Despite a slight dip in exports, Germany continued its dominance in the global printing ink trade. In 2014, Germany exported X thousand tons of printing ink totaling X million USD, X% under the previous year. Its primary trading partner was Fra
168
Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.
