Report Update Nov 1, 2024

Kenya - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Ink Market 2024

Ink Market Size in Kenya

In 2021, the Kenyan ink market increased by 69% to $X, rising for the fifth year in a row after two years of decline. Overall, consumption continues to indicate slight growth. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Ink Exports

Exports from Kenya

For the sixth consecutive year, Kenya recorded decline in shipments abroad of inks (excluding printing ink), which decreased by -48.4% to X kg in 2021. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2015 when exports increased by 235% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, ink exports declined significantly to $X in 2021. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2015 when exports increased by 161%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Angola (X kg), Uganda (X kg) and South Sudan (X kg) were the main destinations of ink exports from Kenya, with a combined 69% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of +73.4%), while the other leaders experienced a decline.

In value terms, the UK ($X) emerged as the key foreign market for inks (excluding printing ink) exports from Kenya, comprising 30% of total exports. The second position in the ranking was held by Somalia ($X), with a 14% share of total exports. It was followed by Uganda, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK stood at -15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (-17.8% per year) and Uganda (-3.7% per year).

Export Prices by Country

In 2021, the average ink export price amounted to $X per ton, with an increase of 29% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2019 an increase of 104% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Angola ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports

Imports into Kenya

In 2021, purchases abroad of inks (excluding printing ink) increased by 79% to X tons, rising for the fifth consecutive year after two years of decline. Overall, imports showed a modest increase. The pace of growth appeared the most rapid in 2014 when imports increased by 251%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, ink imports soared to $X in 2021. Over the period under review, imports posted a slight increase. The most prominent rate of growth was recorded in 2014 with an increase of 112%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of ink to Kenya, with a 45% share of total imports. Moreover, ink imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was taken by India (X tons), with a 7.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.7% per year) and India (+1.6% per year).

In value terms, France ($X) constituted the largest supplier of inks (excluding printing ink) to Kenya, comprising 26% of total imports. The second position in the ranking was held by China ($X), with a 10% share of total imports. It was followed by South Africa, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.3% per year) and South Africa (+11.6% per year).

Import Prices by Country

The average ink import price stood at $X per ton in 2021, which is down by -10.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 83% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, 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 United Arab Emirates ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for inks (excluding printing ink) in the world?

The countries with the highest volumes of ink consumption in 2021 were China, the United States and India, with a combined 39% share of global consumption. These countries were followed by Greece, Indonesia, Japan, France, Thailand, the Philippines, Singapore, Germany, Saudi Arabia and Turkey, which together accounted for a further 27%.

What are the largest producers of inks (excluding printing ink) in the world?

The countries with the highest volumes of ink production in 2021 were China, the United States and India, with a combined 53% share of global production. Japan, Greece, the Philippines, Germany, Indonesia, South Korea, France, the UK, Spain and Saudi Arabia lagged somewhat behind, together accounting for a further 30%.

What are the leading suppliers of inks (excluding printing ink) to Kenya?

In value terms, the UK constituted the largest supplier of ink to Kenya, comprising 48% of total imports. The second position in the ranking was occupied by India, with a 22% share of total imports. It was followed by the Netherlands, with an 11% share.

What is the average export price for inks (excluding printing ink) in Kenya?

In 2021, the average ink export price amounted to $11,678 per ton, picking up by 15% against the previous year.

What is the average import price for inks (excluding printing ink) in Kenya?

The average ink import price stood at $12,191 per ton in 2021, rising by 26% against the previous year.

This report provides an in-depth analysis of the ink market in Kenya. 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 20593000 - Inks (excluding printing ink)

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023