Finland: Black Printing Ink Market 2025

Black Printing Ink Market Size in Finland

In 2022, after four years of decline, there was significant growth in the Finnish black printing ink market, when its value increased by 7.9% to $X. Overall, consumption, however, saw a abrupt contraction. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Black Printing Ink Production in Finland

In value terms, black printing ink production surged to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 103% against the previous year. Black printing ink production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Black Printing Ink Exports

Exports from Finland

Black printing ink exports from Finland fell to X tons in 2022, waning by -13.5% compared with the previous year's figure. In general, exports saw a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of 33%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, black printing ink exports contracted to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 204% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Estonia (X tons), Latvia (X tons) and Sweden (X tons) were the main destinations of black printing ink exports from Finland, together comprising 90% of total exports. Poland, Norway, Lithuania and Russia lagged somewhat behind, together comprising a further 7.7%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +17.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Latvia ($X), Sweden ($X) and Estonia ($X) constituted the largest markets for black printing ink exported from Finland worldwide, together accounting for 69% of total exports. Poland, Lithuania, Norway and Russia lagged somewhat behind, together comprising a further 8.5%.

Among the main countries of destination, Poland, with a CAGR of +16.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average black printing ink export price stood at $X per ton in 2022, surging by 15% against the previous year. In general, the export price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2017 an increase of 226%. The export price peaked at $X per ton in 2018; however, from 2019 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 Lithuania ($X per ton), while the average price for exports to Poland ($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 Lithuania (+27.5%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports

Imports into Finland

In 2022, approx. X tons of black printing ink were imported into Finland; shrinking by -1.5% against the previous year's figure. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 with an increase of 17%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, black printing ink imports contracted to $X in 2022. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2017 when imports increased by 20% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The UK (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of black printing ink imports to Finland, together comprising 72% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +26.4%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Germany ($X) and the UK ($X) were the largest black printing ink suppliers to Finland, together accounting for 54% of total imports. Sweden, France, Belgium and Italy lagged somewhat behind, together comprising a further 34%.

Among the main suppliers, Belgium, with a CAGR of +8.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average black printing ink import price stood at $X per ton in 2022, remaining stable against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 19%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform