U.S. - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights
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View PricingU.S. Printing Ink Imports Spike to $555M, Picking Up Nearly 20%
IndexBox has just published a new report: 'U.S. - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.
U.S. Printing Ink Market Size and Production
The size of the printing ink market in the United States was estimated at $4.3B in 2021, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price).
Printing ink production in the United States totaled approx. $4.4B in 2021. From 2007 to 2021, production recorded a relatively flat trend pattern.
U.S. Printing Ink Exports
After seven years of decline, overseas shipments of printing ink increased by 6% to 62K tons in 2021. In general, exports, however, saw a perceptible setback. The most prominent rate of growth was recorded in 2010 when exports increased by 15% y-o-y.
In value terms, printing ink exports expanded sharply to $704M in 2021. Overall, exports, however, saw a relatively flat trend pattern.
Exports by Country
Canada (26K tons) was the main destination for printing ink exports from the United States, accounting for a 41% share of total supplies. Moreover, printing ink exports to Canada exceeded the volume sent to the second major destination, Mexico (11K tons), twofold. The third position in this ranking was occupied by Singapore (5.6K tons), with a 9% share.
In value terms, the largest markets for printing ink exported from the United States were Canada ($166M), Mexico ($123M) and Singapore ($58M), together comprising 49% of total exports. These countries were followed by Japan, Brazil, Malaysia, the UK and China, which together accounted for a further 15%.
In terms of the main countries of destination, Malaysia, with a CAGR of +28.1%, recorded the highest growth rate of the value of exports from 2007-2021, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average printing ink export price amounted to $11,337 per ton, surging by 4.6% against the previous year. Prices varied noticeably by the country of destination: the country with the highest price was Japan, while the average price for exports to Canada was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Printing Ink Imports
In 2021, overseas purchases of printing ink increased by 18% to 49K tons, rising for the fifth year in a row after two years of decline. The total import volume increased at an average annual rate of +2.6% from 2007 to 2021.
In value terms, printing ink imports surged from $464M in 2020 to $555M in 2021. The total import value increased at an average annual rate of +3.3% from 2007 to 2021.
Imports by Country
India (11K tons), Canada (9.8K tons) and Japan (5.1K tons) were the main suppliers of printing ink imports to the United States, together comprising 53% of total purchases. These countries were followed by Germany, the UK, Singapore, Israel, South Korea, Spain, Italy, Switzerland and the Philippines, which together accounted for a further 40%.
In value terms, the largest printing ink suppliers to the United States were Japan ($102M), the UK ($72M) and Israel ($68M), with a combined 44% share of total imports. These countries were followed by Singapore, Canada, Germany, India, the Philippines, Italy, Switzerland, South Korea and Spain, which together accounted for a further 43%.
The Philippines saw the highest growth rate of ink exports to the U.S., increasing supplies from $38K in 2007 to $24.8M in 2021.
Import Prices by Country
The average printing ink import price stood at $11,270 per ton in 2021, therefore, remained relatively stable against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Philippines, while the price for India was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
This report provides an in-depth analysis of the printing ink market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
