Japan: Black Printing Ink Market 2025

Black Printing Ink Market Size in Japan

The Japanese black printing ink market rose modestly to $X in 2022, surging by 2.6% against the previous year. Over the period under review, consumption, however, showed a pronounced setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Black Printing Ink Production in Japan

In value terms, black printing ink production amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 17% against the previous year. Black printing ink production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Black Printing Ink Exports

Exports from Japan

In 2022, black printing ink exports from Japan shrank to X tons, with a decrease of -2.4% compared with 2021 figures. In general, exports, however, continue to indicate a mild increase. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, the exports reached the peak of X tons, and then reduced slightly in the following year.

In value terms, black printing ink exports fell modestly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

The United States (X tons) was the main destination for black printing ink exports from Japan, accounting for a 24% share of total exports. Moreover, black printing ink exports to the United States exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a 9.6% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+4.0% per year) and the Netherlands (+10.4% per year).

In value terms, the largest markets for black printing ink exported from Japan were the United States ($X), China ($X) and the Netherlands ($X), with a combined 46% share of total exports. Vietnam, the Philippines, Singapore, France, Malaysia, India, Thailand, South Africa, Germany and Spain lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, Vietnam, with a CAGR of +26.1%, recorded the highest growth rate of 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, approximately reflecting the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 7.8%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while the average price for exports to Spain ($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 Thailand (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports

Imports into Japan

In 2022, the amount of black printing ink imported into Japan declined modestly to X tons, shrinking by -4.4% against 2021 figures. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, black printing ink imports fell to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The United States (X tons), South Korea (X tons) and the UK (X tons) were the main suppliers of black printing ink imports to Japan, with a combined 72% share of total imports. China, the Philippines, Indonesia and Singapore lagged somewhat behind, together comprising a further 23%.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +69.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of black printing ink to Japan, comprising 39% of total imports. The second position in the ranking was held by the UK ($X), with a 15% share of total imports. It was followed by the Philippines, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+1.8% per year) and the Philippines (+37.0% per year).

Import Prices by Country

The average black printing ink import price stood at $X per ton in 2022, increasing by 1.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2014 an increase of 32% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 Indonesia ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform