Report Update: Apr 1, 2024

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

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Ink Price in the Czech Republic - 2023

Ink Price in the Czech Republic (CIF) - 2023

In June 2023, the average ink import price amounted to $101K per ton, surging by 17% against the previous month. Over the period under review, import price indicated a notable expansion from June 2022 to June 2023: 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 June 2023 figures, ink import price increased by +122.7% against March 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 74% month-to-month. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($164K per ton), while the price for Austria ($18,638 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 the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Ink Price in the Czech Republic (FOB) - 2023

The average ink export price stood at $62,136 per ton in June 2023, falling by -29% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 17% m-o-m. Over the period under review, the average export prices reached the maximum at $89,588 per ton in December 2022; however, from January 2023 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 Italy ($112K per ton), while the average price for exports to Spain ($9,667 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 Austria (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports in the Czech Republic

In 2022, overseas purchases of inks (excluding printing ink) decreased by -5.3% to 1.8K tons, falling for the second consecutive year after two years of growth. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 12% against the previous year. As a result, imports attained the peak of 2K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, ink imports declined slightly to $164M in 2022. The total import value increased at an average annual rate of +11.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $172M, and then reduced in the following year.

Import of Ink in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	6.4	70.4	104	96.5	147.0%
Netherlands	9.7	23.5	29.0	24.9	36.9%
Poland	1.6	17.1	16.3	17.4	121.6%
China	22.0	4.7	5.0	4.1	-42.9%
France	1.3	1.3	1.6	2.1	17.3%
Italy	1.0	2.2	1.5	1.4	11.9%
Singapore	20.9	0.2	0.1	1.4	-59.4%
United Kingdom	2.5	6.9	1.5	1.4	-17.6%
United States	15.2	0.6	0.7	1.1	-58.3%
Austria	0.9	0.8	0.7	0.8	-3.9%
Japan	24.3	0.2	0.2	0.1	-84.0%
Others	11.6	11.6	12.4	13.0	3.9%
Total	117	139	172	164	11.9%

Top Suppliers of Ink to the Czech Republic in 2022:

Germany (949.5 tons)
Netherlands (221.0 tons)
Poland (191.8 tons)
China (115.8 tons)
Austria (58.5 tons)
Italy (50.6 tons)
United Kingdom (42.6 tons)
Singapore (28.0 tons)
France (25.4 tons)
United States (19.6 tons)
Japan (3.6 tons)

Ink Exports in the Czech Republic

In 2022, approx. 1.7K tons of inks (excluding printing ink) were exported from the Czech Republic; with a decrease of -2.8% against the year before. Over the period under review, exports saw a pronounced setback. The smallest decline of -1.7% was in 2021.

In value terms, ink exports fell slightly to $132M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 30%.

Export of Ink in the Czech Republic (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	25.4	31.9	32.3	32.5	8.6%
Slovakia	18.0	17.0	18.3	18.8	1.5%
France	6.5	14.7	16.9	16.4	36.1%
Italy	3.9	10.5	20.7	16.0	60.1%
Austria	6.1	9.7	9.3	10.5	19.8%
Poland	8.2	6.9	8.1	9.5	5.0%
Spain	6.4	4.7	5.4	7.1	3.5%
Sweden	3.3	3.8	4.1	5.4	17.8%
Switzerland	1.1	1.3	1.4	0.9	-6.5%
China	0.1	0.2	0.8	0.3	44.2%
Others	8.8	13.3	18.9	15.1	19.7%
Total	88.0	114	136	132	14.5%

Top Export Markets for Ink from the Czech Republic in 2022:

Germany (408.6 tons)
Slovakia (250.1 tons)
Austria (225.4 tons)
Italy (178.5 tons)
Spain (126.3 tons)
France (118.6 tons)
Poland (117.7 tons)
Sweden (42.2 tons)
China (24.1 tons)
Switzerland (20.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ink market in the Czech Republic. 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:

Czech Republic

Data coverage:

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