Report Update: Apr 1, 2024

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

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Printing Ink Price in Bulgaria - 2023

Printing Ink Price in Bulgaria (CIF) - 2022

In 2022, the average printing ink import price amounted to $6,649 per ton, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 24%. As a result, import price reached the peak level of $7,335 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($30,651 per ton), while the price for Greece ($3,368 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Price in Bulgaria (FOB) - 2023

In August 2023, the average printing ink export price amounted to $7,045 per ton, jumping by 17% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 55% against the previous month. As a result, the export price reached the peak level of $9,837 per ton. From December 2022 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($378K per ton), while the average price for exports to Albania ($4,056 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 Turkey (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Ink Imports in Bulgaria

In 2022, imports of printing ink into Bulgaria fell to 2.8K tons, waning by -8% against the year before. Overall, imports showed a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 3.4% against the previous year. As a result, imports attained the peak of 3K tons, and then contracted in the following year.

In value terms, printing ink imports dropped to $19M in 2022. In general, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%.

Import of Printing Ink in Bulgaria (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	4.6	4.6	5.2	5.1	3.5%
Italy	2.0	2.2	3.1	2.8	11.9%
Greece	2.0	2.1	2.2	2.1	1.6%
Turkey	2.3	2.0	2.4	1.8	-7.8%
France	6.2	2.4	2.2	1.4	-39.1%
Romania	0.6	0.7	0.8	1.0	18.6%
Poland	0.6	0.7	0.6	0.6	0.0%
Spain	0.3	0.3	0.2	0.3	0.0%
Others	3.4	2.7	3.5	3.4	0.0%
Total	22.0	17.7	20.3	18.6	-5.4%

Top Suppliers of Printing Ink to Bulgaria in 2022:

Germany (857.3 tons)
Greece (612.8 tons)
Italy (399.1 tons)
Turkey (340.7 tons)
Romania (185.5 tons)
Poland (102.1 tons)
Spain (77.3 tons)
France (33.5 tons)

Printing Ink Exports in Bulgaria

In 2022, approx. 887 tons of printing ink were exported from Bulgaria; jumping by 66% on the previous year. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, printing ink exports soared to $6.6M in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Printing Ink in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	79.9	241	3.5	1,179	145.3%
Romania	352	533	974	1,089	45.7%
Belarus	N/A	N/A	N/A	510	0%
Turkey	2.1	43.0	94.5	455	500.6%
Austria	N/A	0.3	177	380	3459.0%
Serbia	252	314	346	325	8.8%
Germany	N/A	1.3	35.4	296	1408.9%
Spain	0.5	2.3	138	285	729.1%
Albania	318	248	258	237	-9.3%
North Macedonia	499	455	386	236	-22.1%
Others	442	508	840	1,629	54.5%
Total	1,945	2,345	3,253	6,621	50.4%

Top Export Markets for Printing Ink from Bulgaria in 2022:

Romania (152.1 tons)
Spain (96.3 tons)
Turkey (87.6 tons)
Austria (74.4 tons)
Albania (71.1 tons)
North Macedonia (59.3 tons)
Iran (56.9 tons)
Serbia (53.3 tons)
Belarus (52.0 tons)
Germany (40.8 tons)

Source: IndexBox Market Intelligence Platform

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

Bulgaria

Data coverage:

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