Norway: Color Printing Ink Market 2025

Color Printing Ink Market Size in Norway

The Norwegian color printing ink market contracted to $X in 2022, with a decrease of -5.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a abrupt descent. Color printing ink consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Color Printing Ink Exports

Exports from Norway

In 2022, after three years of decline, there was significant growth in shipments abroad of color printing ink, when their volume increased by 108% to X tons. In general, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when exports increased by 194%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, color printing ink exports surged to $X in 2022. Overall, exports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2018 when exports increased by 398% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of color printing ink exports from Norway, together accounting for 82% of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +26.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for color printing ink exports from Norway, comprising 62% of total exports. The second position in the ranking was taken by Belgium ($X), with an 11% share of total exports. It was followed by the UK, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at +20.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+16.1% per year) and the UK (+11.4% per year).

Export Prices by Country

The average color printing ink export price stood at $X per ton in 2022, picking up by 9.5% against the previous year. In general, the export price enjoyed a resilient increase. The pace of growth was the most pronounced in 2021 an increase of 207%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden ($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 Finland (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.

Color Printing Ink Imports

Imports into Norway

In 2022, approx. X tons of color printing ink were imported into Norway; reducing by -7.3% compared with the year before. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, color printing ink imports dropped slightly to $X in 2022. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 45% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of color printing ink to Norway, accounting for a 49% share of total imports. Moreover, color printing ink imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The UK (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 Sweden amounted to -4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.6% per year) and the UK (+5.7% per year).

In value terms, the largest color printing ink suppliers to Norway were Sweden ($X), Germany ($X) and Belgium ($X), with a combined 58% share of total imports. The UK, Spain, the Netherlands and France lagged somewhat behind, together accounting for a further 26%.

Among the main suppliers, Spain, with a CAGR of +108.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average color printing ink import price stood at $X per ton in 2022, growing by 4.5% against the previous year. In general, the import price, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform