Hong Kong SAR, China - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights

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Printing Ink Price in Hong Kong SAR - 2023

Contents:

  1. Printing Ink Price in Hong Kong SAR (CIF) - 2023
  2. Printing Ink Price in Hong Kong SAR (FOB) - 2023
  3. Printing Ink Imports in Hong Kong SAR
  4. Printing Ink Exports in Hong Kong SAR

Printing Ink Price in Hong Kong SAR (CIF) - 2023

In September 2023, the average printing ink import price amounted to $16,466 per ton, with a decrease of -7.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 26% against the previous month. The import price peaked at $21,011 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Japan ($35,535 per ton), while the price for Spain ($4,860 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 South Korea (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Price in Hong Kong SAR (FOB) - 2023

The average printing ink export price stood at $21,186 per ton in September 2023, dropping by -12.6% against the previous month. In general, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 72% month-to-month. Over the period under review, the average export prices reached the maximum at $35,736 per ton in September 2022; however, from October 2022 to September 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 Vietnam ($23,620 per ton), while the average price for exports to India ($8,231 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Printing Ink Imports in Hong Kong SAR

Printing ink imports into Hong Kong SAR fell notably to 6.6K tons in 2022, waning by -26.8% on the previous year's figure. Over the period under review, imports saw a deep slump. The growth pace was the most rapid in 2021 when imports increased by 5.4% against the previous year.

In value terms, printing ink imports fell to $111M in 2022. Overall, imports recorded a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $121M, and then contracted in the following year.

Import of Printing Ink in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan24.527.331.249.926.8%
China9.56.313.215.517.7%
United Kingdom11.19.011.27.6-11.9%
United States20.510.610.27.5-28.5%
South Korea8.19.710.36.4-7.6%
Taiwan (Chinese)4.24.010.65.16.7%
Germany5.66.16.64.1-9.9%
Spain0.31.92.32.5102.7%
Singapore12.214.19.52.4-41.8%
Australia1.4N/AN/AN/A0%
Others19.614.416.09.9-20.4%
Total117103121111-1.7%

Top Suppliers of Printing Ink to Hong Kong SAR in 2022:

  1. China (1799.6 tons)
  2. Japan (1228.8 tons)
  3. Spain (826.2 tons)
  4. South Korea (626.1 tons)
  5. United Kingdom (510.0 tons)
  6. United States (495.8 tons)
  7. Taiwan (Chinese) (365.6 tons)
  8. Germany (263.0 tons)
  9. Singapore (160.1 tons)
  10. Australia (1.6 tons)

Printing Ink Exports in Hong Kong SAR

In 2022, approx. 3.7K tons of printing ink were exported from Hong Kong SAR; falling by -33.2% against the year before. Overall, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 11%.

In value terms, printing ink exports dropped to $105M in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports attained the peak of $121M, and then shrank in the following year.

Export of Printing Ink in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China82.787.493.381.7-0.4%
Vietnam4.94.95.34.8-0.7%
Japan2.82.14.44.113.6%
Bangladesh2.62.33.33.49.4%
India1.31.22.01.811.5%
Others10.18.412.39.7-1.3%
Total1041061211050.3%

Top Export Markets for Printing Ink from Hong Kong SAR in 2022:

  1. China (2614.3 tons)
  2. Vietnam (205.7 tons)
  3. Bangladesh (186.1 tons)
  4. India (129.3 tons)
  5. Japan (87.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the printing ink market in Hong Kong SAR, China. 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:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • 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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