Czech Republic: Black Printing Ink Market 2024

Black Printing Ink Market Size in the Czech Republic

The Czech black printing ink market contracted to $X in 2022, shrinking by -6.7% against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Black printing ink consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Black Printing Ink Production in the Czech Republic

In value terms, black printing ink production fell to $X in 2022 estimated in export price. Overall, production, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 232%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Black Printing Ink Exports

Exports from the Czech Republic

In 2022, approx. X tons of black printing ink were exported from the Czech Republic; growing by 34% on 2021 figures. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by 268% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, black printing ink exports rose modestly to $X in 2022. Overall, exports enjoyed a strong increase. The pace of growth was the most pronounced in 2016 when exports increased by 425% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Slovakia (X tons), Austria (X tons) and Germany (X tons) were the main destinations of black printing ink exports from the Czech Republic, together comprising 48% of total exports.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +67.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Austria ($X) and Germany ($X) constituted the largest markets for black printing ink exported from the Czech Republic worldwide, together accounting for 53% of total exports. Italy, Poland, Turkey, Estonia, Egypt, Hungary, Croatia, Russia, the United Arab Emirates and Saudi Arabia lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Estonia, with a CAGR of +71.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average black printing ink export price amounted to $X per ton, falling by -24.1% against the previous year. Overall, the export price showed a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 43%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 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 Italy ($X per ton), while the average price for exports to Saudi Arabia ($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 Turkey (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports

Imports into the Czech Republic

In 2022, approx. X tons of black printing ink were imported into the Czech Republic; dropping by -4.8% on the previous year's figure. In general, imports showed a perceptible descent. The growth pace was the most rapid in 2014 when imports increased by 26%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, black printing ink imports contracted to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 19% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest black printing ink supplier to the Czech Republic, with a 79% share of total imports. Moreover, black printing ink imports from Germany exceeded the figures recorded by the second-largest supplier, Poland (X tons), more than tenfold. The third position in this ranking was taken by Austria (X tons), with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (-3.4% per year) and Austria (-11.0% per year).

In value terms, Germany ($X) constituted the largest supplier of black printing ink to the Czech Republic, comprising 48% of total imports. The second position in the ranking was held by France ($X), with a 5.6% share of total imports. It was followed by the UK, with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-0.1% per year) and the UK (-6.1% per year).

Import Prices by Country

In 2022, the average black printing ink import price amounted to $X per ton, reducing by -3.6% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, black printing ink import price decreased by -2.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 56%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform