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

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

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Printing Ink Price in India - 2023

Contents:

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

Printing Ink Price in India (FOB) - 2023

The average printing ink export price stood at $3,736 per ton in September 2023, remaining stable against the previous month. Overall, the export price recorded a slight shrinkage. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 4.5% m-o-m. As a result, the export price attained the peak level of $4,466 per ton. From December 2022 to September 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was Germany ($6,940 per ton), while the average price for exports to Ghana ($2,358 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 the United States (+0.6%), while the prices for the other major destinations experienced a decline.

Printing Ink Price in India (CIF) - 2022

In 2022, the average printing ink import price amounted to $13,462 per ton, dropping by -1.6% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 55%. As a result, import price attained the peak level of $29,386 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($31,832 per ton), while the price for South Korea ($6,676 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Exports in India

In 2022, approx. 48K tons of printing ink were exported from India; dropping by -12.7% against the year before. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 27% against the previous year. As a result, the exports reached the peak of 54K tons, and then reduced in the following year.

In value terms, printing ink exports expanded slightly to $200M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 39%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Printing Ink in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh25.123.624.525.80.9%
United Arab Emirates20.118.523.519.0-1.9%
Belgium2.98.511.816.478.2%
Germany10.611.518.715.613.7%
Brazil12.811.414.914.23.5%
United States5.47.311.414.238.0%
Nepal5.35.68.28.818.4%
Indonesia4.43.96.46.513.9%
Russia2.72.23.75.224.4%
Turkey4.03.45.54.32.4%
Netherlands1.10.51.44.155.0%
Australia3.12.33.34.08.9%
Ghana2.94.06.23.910.4%
Others54.037.355.058.22.5%
Total1541401942009.1%

Top Export Markets for Printing Ink from India in 2022:

  1. Bangladesh (6.4K tons)
  2. Belgium (4.5K tons)
  3. Brazil (4.2K tons)
  4. United Arab Emirates (4.1K tons)
  5. United States (2.9K tons)
  6. Nepal (2.9K tons)
  7. Germany (2.2K tons)
  8. Indonesia (1.9K tons)
  9. Ghana (1.1K tons)
  10. Australia (1.0K tons)
  11. Turkey (1.0K tons)
  12. Netherlands (1.0K tons)
  13. Russia (1.0K tons)

Printing Ink Imports in India

Printing ink imports into India surged to 12K tons in 2022, increasing by 17% against 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, printing ink imports stood at $158M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 38% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Printing Ink in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore29.522.931.331.82.5%
China14.310.818.025.921.9%
Japan12.09.514.019.317.2%
Philippines4.46.813.417.056.9%
United Kingdom9.38.010.19.81.8%
United States7.95.16.38.94.1%
South Korea6.55.36.57.96.7%
Taiwan (Chinese)5.33.64.76.04.2%
Germany7.26.24.96.0-5.9%
Thailand6.35.16.95.8-2.7%
Sweden2.11.72.52.810.1%
Hong Kong SAR2.31.93.12.86.8%
Netherlands12.00.40.51.6-48.9%
Others19.012.314.712.3-13.5%
Total13899.61371584.6%

Top Suppliers of Printing Ink to India in 2022:

  1. China (3520.9 tons)
  2. Singapore (1651.4 tons)
  3. South Korea (1178.3 tons)
  4. Japan (1059.2 tons)
  5. Philippines (850.8 tons)
  6. Thailand (563.4 tons)
  7. United Kingdom (523.5 tons)
  8. Taiwan (Chinese) (409.2 tons)
  9. United States (278.7 tons)
  10. Hong Kong SAR (270.4 tons)
  11. Germany (255.7 tons)
  12. Sweden (215.0 tons)
  13. Netherlands (104.7 tons)

Source: IndexBox Market Intelligence Platform

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

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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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Despite a slight dip in exports, Germany continued its dominance in the global printing ink trade. In 2014, Germany exported X thousand tons of printing ink totaling X million USD, X% under the previous year. Its primary trading partner was Fra

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Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.

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Jan 20, 2024
Eye 167

Printing Ink exports experienced significant growth in November 2022, with a month-on-month increase of 26%. Furthermore, the value of Printing Ink exports soared to $14M in October 2023.

Which Country Imports the Most Printing Ink in the World?
May 28, 2018
Eye 999

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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Eye 4178

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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Feb 5, 2024
Eye 154

Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.

Free Data: Printing Ink - India