Belarus - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Belarus - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights

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Ink Price in Belarus - 2022

Contents:

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

Ink Price in Belarus (CIF) - 2022

In April 2021, the average ink import price amounted to $19,778 per ton, growing by 38% against the previous month. In general, the import price continues to indicate significant growth. The growth pace was the most rapid in February 2021 an increase of 94% month-to-month. Over the period under review, average import prices reached the maximum in April 2021.

There were significant differences in the average prices amongst the major supplying countries. In April 2021, the country with the highest price was Russia ($38,756 per ton), while the price for Turkey ($2,909 per ton) was amongst the lowest.

From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by China (+97.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Ink Price in Belarus (FOB) - 2022

In 2022, the average ink export price amounted to $5,337 per ton, growing by 3.5% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 93%. As a result, the export price attained the peak level of $20,951 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($41,250 per ton), while the average price for exports to Russia totaled $5,170 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.5%).

Ink Imports in Belarus

For the third consecutive year, Belarus recorded decline in supplies from abroad of inks (excluding printing ink), which decreased by -23.8% to 190 tons in 2022. Over the period under review, imports continue to indicate a abrupt setback. The smallest decline of -4.6% was in 2021.

In value terms, ink imports reduced rapidly to $5.8M in 2022. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $8.7M, and then shrank remarkably in the following year.

Import of Ink in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,1881,3821,8611,58410.1%
Lithuania87.71531,1591,087131.4%
Poland11494.061161475.3%
Japan591509540459-8.1%
Indonesia2384033292805.6%
Germany5054731,573164-31.3%
United States218225183163-9.2%
Philippines1191721411200.3%
South Korea154161131116-9.0%
China1,4241,382626109-57.5%
Estonia41.529.333.628.6-11.7%
Switzerland29.229.626.122.1-8.9%
Democratic People's Republic of Korea7.310.410.110.312.2%
Others1,9971,9571,5121,052-19.2%
Total6,7146,9808,7365,809-4.7%

Top Suppliers of Ink to Belarus in 2022:

  1. Russia (39.2 tons)
  2. Lithuania (34.0 tons)
  3. Poland (26.6 tons)
  4. United States (18.9 tons)
  5. South Korea (10.4 tons)
  6. Estonia (7.6 tons)
  7. Japan (7.2 tons)
  8. China (6.2 tons)
  9. Switzerland (5.6 tons)
  10. Democratic People's Republic of Korea (5.1 tons)
  11. Philippines (3.3 tons)
  12. Indonesia (3.0 tons)
  13. Germany (2.3 tons)

Ink Exports in Belarus

In 2022, shipments abroad of inks (excluding printing ink) decreased by -95.8% to 5.7 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 51% against the previous year. As a result, the exports attained the peak of 188 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, ink exports dropped notably to $30K in 2022. Over the period under review, exports recorded a sharp curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 55%. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Ink in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8451,33967029.1-67.5%
Ukraine8.018.55.9N/A-14.1%
Others56.956.716.31.1-73.2%
Total9101,41569230.2-67.9%

Top Export Markets for Ink from Belarus in 2022:

  1. Russia (5.6 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ink market in Belarus. 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 20593000 - Inks (excluding printing ink)

Country coverage:

  • Belarus

Data coverage:

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