Netherlands: Ink Market 2024

Ink Market Size in the Netherlands

In 2021, the Dutch ink market decreased by -15.6% to $X, falling for the second consecutive year after three years of growth. In general, consumption continues to indicate a deep setback. Ink consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Ink Production in the Netherlands

In value terms, ink production amounted to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 62%. Ink production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ink Exports

Exports from the Netherlands

In 2021, overseas shipments of inks (excluding printing ink) increased by 11% to X tons, rising for the fourth consecutive year after four years of decline. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2018 when exports increased by 156% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, ink exports reduced slightly to $X in 2021. In general, exports enjoyed a resilient increase. The growth pace was the most rapid in 2018 with an increase of 149% against the previous year. Over the period under review, the exports reached the maximum at $X in 2020, and then reduced slightly in the following year.

Exports by Country

Germany (X tons) was the main destination for ink exports from the Netherlands, accounting for a 40% share of total exports. Moreover, ink exports to Germany exceeded the volume sent to the second major destination, the United States (X tons), fivefold. France (X tons) ranked third in terms of total exports with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany amounted to +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+53.1% per year) and France (+6.7% per year).

In value terms, Germany ($X) remains the key foreign market for inks (excluding printing ink) exports from the Netherlands, comprising 50% of total exports. The second position in the ranking was held by France ($X), with a 9.7% share of total exports. It was followed by the UK, with a 6.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +10.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+3.3% per year) and the UK (-4.9% per year).

Export Prices by Country

The average ink export price stood at $X per ton in 2021, reducing by -11% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 19%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, 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 Switzerland ($X per ton), while the average price for exports to Pakistan ($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 the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ink Imports

Imports into the Netherlands

In 2021, supplies from abroad of inks (excluding printing ink) increased by 8.4% to X tons, rising for the fourth consecutive year after four years of decline. Over the period under review, imports recorded a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 141%. Imports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, ink imports shrank modestly to $X in 2021. Overall, imports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 207% against the previous year. Over the period under review, imports reached the maximum at $X in 2020, and then contracted in the following year.

Imports by Country

Japan (X tons), China (X tons) and Germany (X tons) were the main suppliers of ink imports to the Netherlands, with a combined 49% share of total imports. Indonesia, the UK, the United States, Spain, the Philippines, Belgium and France lagged somewhat behind, together comprising a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +217.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of inks (excluding printing ink) to the Netherlands, comprising 33% of total imports. The second position in the ranking was held by Japan ($X), with a 16% share of total imports. It was followed by Indonesia, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +8.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-3.1% per year) and Indonesia (+38.8% per year).

Import Prices by Country

The average ink import price stood at $X per ton in 2021, with a decrease of -10.5% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ink import price increased by +72.9% against 2016 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 43%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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