Report Update: May 1, 2024

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

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Printing Ink Price in Belgium - 2023

Printing Ink Price in Belgium (CIF) - 2023

In August 2023, the average printing ink import price amounted to $4,365 per ton, falling by -7.6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 37% month-to-month. Over the period under review, average import prices hit record highs at $5,374 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($12,004 per ton), while the price for the Netherlands ($2,197 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Price in Belgium (FOB) - 2023

In August 2023, the average printing ink export price amounted to $11,933 per ton, rising by 16% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($22,335 per ton), while the average price for exports to Luxembourg ($6,092 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Ink Imports in Belgium

In 2022, after three years of growth, there was significant decline in purchases abroad of printing ink, when their volume decreased by -11.6% to 54K tons. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +22.8% 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 +85.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 58%.

In value terms, printing ink imports plummeted to $182M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 73% against the previous year.

Import of Printing Ink in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	27.4	54.2	67.9	53.3	24.8%
Netherlands	64.4	86.9	75.4	50.8	-7.6%
Spain	2.5	28.3	45.1	31.2	132.0%
France	14.8	21.6	21.9	17.3	5.3%
India	1.2	11.2	12.4	17.1	142.4%
Others	15.7	15.9	12.6	12.6	-7.1%
Total	126	218	235	182	13.0%

Top Suppliers of Printing Ink to Belgium in 2022:

Netherlands (26.7K tons)
Germany (13.0K tons)
Spain (4.9K tons)
India (4.4K tons)
France (3.2K tons)

Printing Ink Exports in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of printing ink, when their volume decreased by -6.1% to 25K tons. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 74% against the previous year.

In value terms, printing ink exports dropped to $217M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 86%.

Export of Printing Ink in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	26.9	39.9	37.2	35.9	10.1%
France	12.5	22.6	26.7	20.1	17.2%
United Kingdom	7.2	18.1	14.6	16.6	32.1%
Netherlands	14.4	22.1	12.5	15.6	2.7%
Poland	3.1	15.2	16.6	14.4	66.9%
Spain	2.4	8.6	10.1	11.0	66.1%
Brazil	1.5	3.1	6.1	9.2	83.0%
Italy	3.0	6.3	8.5	8.0	38.7%
Turkey	1.7	3.0	3.7	5.0	43.3%
Czech Republic	2.0	3.5	3.8	5.0	35.7%
Austria	0.3	3.8	5.9	4.8	152.0%
Egypt	0.6	1.5	1.0	2.3	56.5%
Luxembourg	2.8	3.5	2.9	1.9	-12.1%
Others	36.5	62.7	72.6	66.8	22.3%
Total	115	214	222	217	23.6%

Top Export Markets for Printing Ink from Belgium in 2022:

Germany (6.6K tons)
Netherlands (2.3K tons)
United Kingdom (2.0K tons)
France (1.7K tons)
Poland (1.6K tons)
Spain (1.3K tons)
Italy (1.2K tons)
Brazil (0.8K tons)
Austria (0.7K tons)
Turkey (0.5K tons)
Czech Republic (0.5K tons)
Egypt (0.5K tons)
Luxembourg (0.4K tons)

Source: IndexBox Market Intelligence Platform

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

Belgium

Data coverage:

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