Middle East: Color Printing Ink Market 2025

Color Printing Ink Market Size in the Middle East

In 2022, the Middle Eastern color printing ink market decreased by -12.8% to $X for the first time since 2011, thus ending a ten-year rising trend. Over the period under review, consumption, however, saw strong growth. Over the period under review, the market reached the peak level at $X in 2021, and then shrank in the following year.

Color Printing Ink Production in the Middle East

In value terms, color printing ink production declined to $X in 2022 estimated in export price. Overall, production saw a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 32%. As a result, production attained the peak level of $X, and then fell in the following year.

Color Printing Ink Exports

Exports in the Middle East

In 2022, overseas shipments of color printing ink increased by 27% to X tons, rising for the fourth consecutive year after two years of decline. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 52% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, color printing ink exports surged to $X in 2022. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 49% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Turkey (X tons) and Israel (X tons) prevails in exports structure, together comprising 87% of total exports. The following exporters - Saudi Arabia (X tons), the United Arab Emirates (X tons), Lebanon (X tons) and Jordan (X tons) - together made up 12% of total exports.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +16.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest color printing ink supplying countries in the Middle East were Israel ($X), Turkey ($X) and the United Arab Emirates ($X), together accounting for 96% of total exports.

Among the main exporting countries, Israel, with a CAGR of +17.0%, saw 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 export price in the Middle East amounted to $X per ton, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 an increase of 17% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Israel ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.6%), while the other leaders experienced more modest paces of growth.

Color Printing Ink Imports

Imports in the Middle East

In 2022, approx. X tons of color printing ink were imported in the Middle East; increasing by 2.1% on 2021 figures. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by 11%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, color printing ink imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +3.4% 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 with an increase of 27% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons), distantly followed by the United Arab Emirates (X tons), Saudi Arabia (X tons), Israel (X tons) and Iran (X tons) represented the largest importers of color printing ink, together mixing up 82% of total imports. The following importers - Kuwait (X tons), Lebanon (X tons) and Oman (X tons) - together made up 9% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Turkey (with a CAGR of +2.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest color printing ink importing markets in the Middle East were Saudi Arabia ($X), Turkey ($X) and the United Arab Emirates ($X), with a combined 78% share of total imports.

In terms of the main importing countries, Saudi Arabia, with a CAGR of +14.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2022, picking up by 9.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2020 an increase of 32% against the previous year. Over the period under review, import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($X per ton), while Oman ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+12.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform