Report Mexico - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Nov 5, 2022

Mexico - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends and Insights
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Mexico: Ink Market 2022

Ink Market Size in Mexico

In 2021, after two years of decline, there was significant growth in the Mexican ink market, when its value increased by 13% to $X. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. Ink consumption peaked in 2021 and is likely to continue growth in the near future.

Ink Production in Mexico

In value terms, ink production reduced to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 42% against the previous year. Ink production peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Ink Exports

Exports from Mexico

In 2021, shipments abroad of inks (excluding printing ink) was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 with an increase of 102% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ink exports fell remarkably to $X in 2021. In general, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of 44% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for ink exports from Mexico, with a 94% share of total exports. It was followed by Honduras (X tons), with a 2.9% share of total exports. The third position in this ranking was taken by Guatemala (X tons), with a 1% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (-16.0% per year) and Guatemala (-30.1% per year).

In value terms, the United States ($X) remains the key foreign market for ink exports from Mexico, comprising 78% of total exports. The second position in the ranking was held by Honduras ($X), with an 18% share of total exports. It was followed by Guatemala, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +15.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Honduras (+8.0% per year) and Guatemala (-24.2% per year).

Export Prices by Country

The average ink export price stood at $X per ton in 2021, dropping by -46.8% against the previous year. Overall, the export price saw a slight decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 59%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Honduras ($X per ton), while the average price for exports to the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+28.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports

Imports into Mexico

Ink imports into Mexico soared to X tons in 2021, rising by 36% compared with 2020 figures. In general, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 65% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, ink imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 61% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and France (X tons) were the main suppliers of ink imports to Mexico, together accounting for 73% of total imports. Guatemala, Peru, Japan, Germany and the Philippines lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of +330.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and France ($X) appeared to be the largest ink suppliers to Mexico, together comprising 70% of total imports. These countries were followed by Guatemala, Germany, Japan, the Philippines and Peru, which together accounted for a further 17%.

Guatemala, with a CAGR of +240.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ink import price stood at $X per ton in 2021, approximately equating the previous year. In general, the import price continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2018 an increase of 4.3%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for Peru ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for inks (excluding printing ink) in the world?
+
The countries with the highest volumes of consumption in 2021 were China, the United States and India, with a combined 41% share of global consumption. Greece, Japan, Mexico, Singapore, France, the Philippines, Thailand, Vietnam, Saudi Arabia and the UK lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of inks (excluding printing ink) in the world?
+
The countries with the highest volumes of production in 2021 were China, the United States and India, together accounting for 52% of global production. Japan, Greece, the Philippines, Germany, South Korea, France, the UK, Taiwan Chinese), Mexico and Spain lagged somewhat behind, together comprising a further 29%.
What are the leading suppliers of inks (excluding printing ink) to Mexico?
+
In value terms, the United States, China and France constituted the largest ink suppliers to Mexico, with a combined 70% share of total imports. These countries were followed by Guatemala, Germany, Japan, the Philippines and Peru, which together accounted for a further 17%.
What are the leading importers of inks (excluding printing ink) from Mexico?
+
In value terms, the United States remains the key foreign market for ink exports from Mexico, comprising 78% of total exports. The second position in the ranking was held by Honduras, with an 18% share of total exports. It was followed by Guatemala, with a 1.8% share.
What is the average export price for inks (excluding printing ink) in Mexico?
+
The average ink export price stood at $6,058 per ton in 2021, dropping by -46.8% against the previous year.
What is the average import price for inks (excluding printing ink) in Mexico?
+
In 2021, the average ink import price amounted to $8,657 per ton, remaining constant against the previous year.

This report provides an in-depth analysis of the ink market in Mexico. 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 20593000 - Inks (excluding printing ink)
Country coverage:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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