Italy: Ink Market 2024

Ink Market Size in Italy

The Italian ink market soared to $X in 2022, growing by X% against the previous year. Overall, consumption recorded a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ink Production in Italy

In value terms, ink production surged to $X in 2022 estimated in export price. Overall, production posted a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

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Ink Exports

Exports from Italy

In 2022, the amount of inks (excluding printing ink) exported from Italy contracted to X tons, dropping by X% compared with 2021 figures. Overall, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2014 indices. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, ink exports dropped markedly to $X in 2022. In general, exports, however, recorded resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Russia (X tons) and Spain (X tons) were the main destinations of ink exports from Italy, with a combined X% share of total exports. Germany, Mexico, Bangladesh, the Czech Republic, Brazil, Portugal, the Netherlands, Egypt, Hong Kong SAR and Pakistan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ink exported from Italy were Germany ($X), Spain ($X) and Turkey ($X), with a combined X% share of total exports. Russia, Mexico, the Netherlands, the Czech Republic, Brazil, Portugal, Bangladesh, Hong Kong SAR, Pakistan and Egypt lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ink export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Egypt ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports

Imports into Italy

In 2022, approx. X tons of inks (excluding printing ink) were imported into Italy; with an increase of X% against the year before. In general, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, ink imports shrank to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then shrank in the following year.

Imports by Country

Germany (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of ink imports to Italy, together accounting for X% of total imports. Turkey, Spain, France, Slovenia, Poland, the Czech Republic, Belgium, Japan and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of inks (excluding printing ink) to Italy, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and China (X% per year).

Import Prices by Country

In 2022, the average ink import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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