Germany: Black Printing Ink Market 2024

Black Printing Ink Market Size in Germany

In 2022, the German black printing ink market increased by 2.9% to $X, rising for the second year in a row after two years of decline. In general, consumption saw a abrupt slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Black Printing Ink Production in Germany

In value terms, black printing ink production rose sharply to $X in 2022 estimated in export price. Overall, production recorded a noticeable setback. Black printing ink production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Black Printing Ink Exports

Exports from Germany

In 2022, the amount of black printing ink exported from Germany shrank to X tons, dropping by -12.2% compared with the year before. In general, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2017 with an increase of 71% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, black printing ink exports shrank to $X in 2022. Over the period under review, exports recorded a slight curtailment. The pace of growth was the most pronounced in 2016 with an increase of 105%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons), Italy (X tons) and Poland (X tons) were the main destinations of black printing ink exports from Germany, with a combined 31% share of total exports. The UK, Belgium, Austria, the Netherlands, the Czech Republic, Spain, Switzerland, Hungary, Denmark and Brazil lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +6.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for black printing ink exported from Germany were France ($X), Italy ($X) and Poland ($X), together accounting for 27% of total exports. Belgium, Austria, the UK, Spain, the Netherlands, the Czech Republic, Hungary, Switzerland, Brazil and Denmark lagged somewhat behind, together comprising a further 39%.

Hungary, with a CAGR of +3.6%, saw the highest rates of growth with regard to 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 black printing ink export price stood at $X per ton in 2022, growing by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2016 an increase of 30%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Switzerland ($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 Spain (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports

Imports into Germany

In 2022, the amount of black printing ink imported into Germany dropped to X tons, with a decrease of -14.8% on the previous year's figure. In general, imports saw a slight decline. The growth pace was the most rapid in 2017 with an increase of 38%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, black printing ink imports dropped notably to $X in 2022. Over the period under review, imports saw a noticeable slump. The pace of growth appeared the most rapid in 2016 when imports increased by 257% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest black printing ink supplier to Germany, accounting for a 36% share of total imports. Moreover, black printing ink imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Japan (X tons), threefold. Switzerland (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled +5.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+24.3% per year) and Switzerland (-16.3% per year).

In value terms, Japan ($X) constituted the largest supplier of black printing ink to Germany, comprising 35% of total imports. The second position in the ranking was held by Switzerland ($X), with a 17% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Japan stood at +25.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (-7.6% per year) and the Netherlands (-10.5% per year).

Import Prices by Country

The average black printing ink import price stood at $X per ton in 2022, waning by -2.7% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 176% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform