Portugal: Printing Ink Market 2024

Printing Ink Market Size in Portugal

The Portuguese printing ink market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption showed a perceptible decrease. The pace of growth appeared the most rapid in 2019 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Printing Ink Production in Portugal

In value terms, printing ink production surged to $X in 2022 estimated in export price. In general, production, however, recorded a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X%. Printing ink production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Printing Ink Exports

Exports from Portugal

In 2022, printing ink exports from Portugal dropped rapidly to X tons, falling by X% compared with 2021. Over the period under review, total exports indicated a slight 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 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing ink exports rose modestly to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X tons) was the main destination for printing ink exports from Portugal, with a X% share of total exports. Moreover, printing ink exports to Spain exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was held by Angola (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Angola (X% per year).

In value terms, Spain ($X) remains the key foreign market for printing ink exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Angola, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the average printing ink export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to France ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Printing Ink Imports

Imports into Portugal

In 2022, approx. X tons of printing ink were imported into Portugal; waning by X% against 2021 figures. Overall, imports continue to indicate a pronounced decline. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, printing ink imports reduced remarkably to $X in 2022. Over the period under review, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of printing ink imports to Portugal, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, Spain ($X), Germany ($X) and the Netherlands ($X) were the largest printing ink suppliers to Portugal, together accounting for X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average printing ink import price amounted to $X per ton, declining by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 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 the Netherlands ($X per ton), while the price for Belgium ($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