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

Philippines - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Ink Market 2022

Ink Market Size in the Philippines

The Philippine ink market soared to $X in 2021, picking up by 175% against the previous year. In general, consumption showed resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ink Production in the Philippines

In value terms, ink production surged to $X in 2021 estimated in export price. Over the period under review, production saw significant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 388% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Ink Exports

Exports from the Philippines

In 2021, overseas shipments of inks (excluding printing ink) decreased by -33.6% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2018 with an increase of 305% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, ink exports contracted markedly to $X in 2021. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 293% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X tons), Germany (X tons) and Japan (X tons) were the main destinations of ink exports from the Philippines, together comprising 60% of total exports. These countries were followed by the UK, China, Thailand, Mexico, France, Canada, Singapore and Poland, which together accounted for a further 29%.

From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +201.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Japan ($X) and Germany ($X) constituted the largest markets for ink exported from the Philippines worldwide, with a combined 61% share of total exports. The UK, China, France, Thailand, Mexico, Canada, Poland and Singapore lagged somewhat behind, together accounting for a further 28%.

The UK, with a CAGR of +205.7%, recorded the highest growth rate of the value of exports, in terms of 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 2021, picking up by 11% against the previous year. In general, the export price, however, saw a pronounced decrease. The pace of growth was the most pronounced in 2013 an increase of 17%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, 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 2021, the country with the highest price was France ($X per ton), while the average price for exports to Singapore ($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 Poland (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports

Imports into the Philippines

In 2021, the amount of inks (excluding printing ink) imported into the Philippines reduced to X tons, waning by -11.1% on the previous year's figure. Over the period under review, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +14.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 29%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, ink imports soared to $X in 2021. In general, imports, however, showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of ink to the Philippines, with a 58% share of total imports. Moreover, ink imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. Malaysia (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+17.4% per year) and Malaysia (+4.4% per year).

In value terms, Japan ($X) constituted the largest supplier of ink to the Philippines, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 17% share of total imports. It was followed by the United States, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan totaled +13.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+4.4% per year) and the United States (-2.9% per year).

Import Prices by Country

In 2021, the average ink import price amounted to $X per ton, rising by 54% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+8.8%), 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 the Philippines?
+
In value terms, Japan constituted the largest supplier of ink to the Philippines, comprising 50% of total imports. The second position in the ranking was taken by China, with a 17% share of total imports. It was followed by the United States, with a 7.9% share.
What are the leading importers of inks (excluding printing ink) from the Philippines?
+
In value terms, the United States, Japan and Germany appeared to be the largest markets for ink exported from the Philippines worldwide, together comprising 61% of total exports. These countries were followed by the UK, China, France, Thailand, Mexico, Canada, Poland and Singapore, which together accounted for a further 28%.
What is the average export price for inks (excluding printing ink) in the Philippines?
+
In 2021, the average ink export price amounted to $14,147 per ton, rising by 11% against the previous year.
What is the average import price for inks (excluding printing ink) in the Philippines?
+
In 2021, the average ink import price amounted to $7,756 per ton, with an increase of 54% against the previous year.

This report provides an in-depth analysis of the ink market in the Philippines. 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:
• Philippines

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