Australia - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Australia - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights

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Printing Ink Price in Australia - 2023

Contents:

  1. Printing Ink Price in Australia (CIF) - 2023
  2. Printing Ink Price in Australia (FOB) - 2022
  3. Printing Ink Imports in Australia
  4. Printing Ink Exports in Australia

Printing Ink Price in Australia (CIF) - 2023

The average printing ink import price stood at $15,829 per ton in September 2023, with an increase of 23% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 62% m-o-m. Over the period under review, average import prices reached the peak figure at $16,192 per ton in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($49,657 per ton), while the price for the Netherlands ($2,793 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 the UK (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Price in Australia (FOB) - 2022

In 2022, the average printing ink export price amounted to $6,902 per ton, growing by 6.9% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, printing ink export price increased by +70.5% against 2017 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($36,051 per ton), while the average price for exports to China ($2,063 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 Hong Kong SAR (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Ink Imports in Australia

In 2022, approx. 22K tons of printing ink were imported into Australia; with an increase of 27% against 2021 figures. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, printing ink imports shrank remarkably to $118M in 2022. In general, imports, however, saw a sharp decrease. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $265M, and then dropped sharply in the following year.

Import of Printing Ink in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia49.739.057.022.2-23.6%
Indonesia20.025.838.118.2-3.1%
Japan23.826.229.412.1-20.2%
Singapore17.413.219.07.6-24.1%
United States31.020.515.17.1-38.8%
United Kingdom13.911.913.37.1-20.1%
Netherlands12.811.312.06.8-19.0%
Germany17.214.214.56.2-28.8%
China19.319.318.26.0-32.3%
Spain1.74.88.63.223.5%
India3.32.44.02.3-11.3%
Italy1.01.02.41.923.9%
Others31.534.033.717.1-18.4%
Total243223265118-21.4%

Top Suppliers of Printing Ink to Australia in 2022:

  1. Netherlands (6.3K tons)
  2. Germany (4.0K tons)
  3. Spain (3.1K tons)
  4. India (1.4K tons)
  5. Malaysia (1.1K tons)
  6. Japan (0.9K tons)
  7. United Kingdom (0.8K tons)
  8. Italy (0.7K tons)
  9. United States (0.6K tons)
  10. China (0.6K tons)
  11. Singapore (0.5K tons)
  12. Indonesia (0.5K tons)

Printing Ink Exports in Australia

For the third consecutive year, Australia recorded decline in overseas shipments of printing ink, which decreased by -52.6% to 2K tons in 2022. Over the period under review, exports continue to indicate a dramatic slump. The smallest decline of -12% was in 2021.

In value terms, printing ink exports contracted significantly to $14M in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 7%. As a result, the exports attained the peak of $27M, and then reduced remarkably in the following year.

Export of Printing Ink in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand9.39.19.76.4-11.7%
Papua New Guinea4.06.07.62.8-11.2%
Indonesia2.31.91.81.1-21.8%
Fiji0.30.51.30.838.7%
Taiwan (Chinese)1.01.20.90.5-20.6%
Malaysia0.50.40.60.3-15.7%
Vietnam1.20.50.60.3-37.0%
Philippines0.10.40.70.226.0%
Thailand0.30.80.90.2-12.6%
Singapore0.30.30.70.1-30.7%
China0.70.10.20.1-47.7%
Hong Kong SAR1.40.10.1N/A-73.3%
Others5.44.22.20.9-45.0%
Total26.925.427.213.8-19.9%

Top Export Markets for Printing Ink from Australia in 2022:

  1. New Zealand (1124.9 tons)
  2. Indonesia (250.0 tons)
  3. Taiwan (Chinese) (158.6 tons)
  4. Fiji (90.1 tons)
  5. Vietnam (86.4 tons)
  6. China (66.2 tons)
  7. Thailand (54.4 tons)
  8. Malaysia (53.5 tons)
  9. Papua New Guinea (41.1 tons)
  10. Philippines (34.2 tons)
  11. Singapore (6.9 tons)
  12. Hong Kong SAR (1.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the printing ink market in Australia. 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
  • Prodcom 20302470 - Printing inks (excluding black)

Country coverage:

  • Australia

Data coverage:

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

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