Peru: Printing Ink Market 2025

Printing Ink Market Size in Peru

The Peruvian printing ink market reduced to $X in 2022, dropping by -13.4% 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). Over the period under review, consumption saw a perceptible shrinkage. Printing ink consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Printing Ink Exports

Exports from Peru

In 2022, after three years of decline, there was significant growth in overseas shipments of printing ink, when their volume increased by 19% to X tons. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when exports increased by 38% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, printing ink exports rose remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2016 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Colombia (X tons), Costa Rica (X tons) and Chile (X tons) were the main destinations of printing ink exports from Peru, with a combined 50% share of total exports. Bolivia, Brazil, the Dominican Republic, Guatemala, Ecuador and Uruguay lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +65.1%), while the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Costa Rica ($X) and Bolivia ($X) constituted the largest markets for printing ink exported from Peru worldwide, together comprising 52% of total exports. Chile, Brazil, the Dominican Republic, Guatemala, Ecuador and Uruguay lagged somewhat behind, together accounting for a further 47%.

In terms of the main countries of destination, Brazil, with a CAGR of +67.3%, 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 average printing ink export price amounted to $X per ton, reducing by -4.4% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 10%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($X per ton), while the average price for exports to Brazil ($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 Brazil (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Printing Ink Imports

Imports into Peru

In 2022, the amount of printing ink imported into Peru contracted slightly to X tons, approximately equating 2021 figures. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 9.1% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, printing ink imports contracted to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 17% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Colombia (X tons) constituted the largest supplier of printing ink to Peru, accounting for a 31% share of total imports. Moreover, printing ink imports from Colombia exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. The United States (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Colombia amounted to -5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.3% per year) and the United States (-17.1% per year).

In value terms, the largest printing ink suppliers to Peru were the Philippines ($X), the United States ($X) and Colombia ($X), together accounting for 46% of total imports.

The Philippines, with a CAGR of +102.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average printing ink import price stood at $X per ton in 2022, dropping by -5.6% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, printing ink import price increased by +75.1% against 2012 indices. The growth pace was the most rapid in 2020 an increase of 33%. The import price peaked at $X per ton in 2021, and then shrank in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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