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

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

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Printing Ink Price in Indonesia - 2022

Contents:

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

Printing Ink Price in Indonesia (CIF) - 2022

In 2022, the average printing ink import price amounted to $10,494 per ton, declining by -5.3% against the previous year. Overall, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 7.7%. As a result, import price attained the peak level of $12,703 per ton. From 2021 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 Switzerland ($134,308 per ton), while the price for India ($2,892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Printing Ink Price in Indonesia (FOB) - 2022

The average printing ink export price stood at $9,202 per ton in March 2022, falling by -5% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2021 an increase of 25% month-to-month. As a result, the export price reached the peak level of $10,660 per ton. From January 2022 to March 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($14,507 per ton), while the average price for exports to Malaysia ($3,844 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Ink Imports in Indonesia

In 2022, overseas purchases of printing ink were finally on the rise to reach 13K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a noticeable shrinkage.

In value terms, printing ink imports expanded to $134M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.

Import of Printing Ink in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland23.727.118.029.07.0%
China23.918.124.420.5-5.0%
Singapore47.662.012.718.2-27.4%
Japan14.117.019.711.4-6.8%
India6.44.46.58.07.7%
South Korea5.12.93.76.810.1%
Philippines6.410.27.45.3-6.1%
Taiwan (Chinese)3.22.92.93.75.0%
Thailand4.21.92.53.5-5.9%
Malaysia4.21.72.53.3-7.7%
United States4.93.93.82.9-16.0%
Australia2.51.93.72.72.6%
Vietnam0.90.81.11.415.9%
Others24.919.219.917.2-11.6%
Total172174129134-8.0%

Top Suppliers of Printing Ink to Indonesia in 2022:

  1. China (3343.6 tons)
  2. India (2777.7 tons)
  3. South Korea (940.9 tons)
  4. Australia (790.1 tons)
  5. Singapore (782.5 tons)
  6. Philippines (605.4 tons)
  7. Malaysia (480.1 tons)
  8. Japan (423.5 tons)
  9. Thailand (414.4 tons)
  10. Taiwan (Chinese) (379.4 tons)
  11. Vietnam (226.8 tons)
  12. Switzerland (215.7 tons)
  13. United States (190.0 tons)

Printing Ink Exports in Indonesia

Printing ink exports from Indonesia fell markedly to 8.6K tons in 2022, dropping by -23% on the year before. Over the period under review, exports faced a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 16%.

In value terms, printing ink exports contracted markedly to $80M in 2022. Overall, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year.

Export of Printing Ink in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore56.241.752.529.8-19.1%
Japan21.02.02.66.6-32.0%
United States14.83.35.26.3-24.8%
Brazil0.90.40.44.368.4%
Nigeria3.73.54.23.70.0%
Thailand1.93.12.02.01.7%
Philippines8.16.57.71.7-40.6%
Taiwan (Chinese)N/A0.11.01.6300.0%
India4.93.55.41.3-35.7%
Vietnam1.41.41.41.3-2.4%
Malaysia0.90.71.21.16.9%
New ZealandN/AN/AN/A1.00%
Germany13.30.10.70.4-68.9%
Others27.918.217.619.1-11.9%
Total15584.310280.2-19.7%

Top Export Markets for Printing Ink from Indonesia in 2022:

  1. Singapore (2291.5 tons)
  2. Nigeria (1169.1 tons)
  3. Brazil (752.6 tons)
  4. United States (670.2 tons)
  5. Philippines (457.9 tons)
  6. Japan (442.0 tons)
  7. Malaysia (386.5 tons)
  8. Taiwan (Chinese) (380.7 tons)
  9. Vietnam (322.1 tons)
  10. New Zealand (235.6 tons)
  11. Thailand (229.5 tons)
  12. India (186.2 tons)
  13. Germany (22.8 tons)

Source: IndexBox Market Intelligence Platform

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

  • Indonesia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Indonesia
  • 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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Free Data: Printing Ink - Indonesia