Report Update Nov 1, 2024

Puerto Rico - Printing Ink - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Printing Ink Market 2024

Printing Ink Market Size in Puerto Rico

In 2021, after two years of decline, there was significant growth in the Puerto Rican printing ink market, when its value increased by 11% to $X. Over the period under review, consumption, however, recorded a perceptible shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Printing Ink Production in Puerto Rico

In value terms, printing ink production stood at $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 41% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Printing Ink Exports

Exports by Country

In 2021, Germany (X tons), distantly followed by the Netherlands (X tons), the United States (X tons), India (X tons) and Spain (X tons) were the key exporters of printing ink, together comprising 51% of total exports. Italy (X tons), Japan (X tons), Switzerland (X tons), Belgium (X tons), France (X tons), China (X tons), South Korea (X tons) and the UK (X tons) took a relatively small share of total exports.

Exports from Germany decreased at an average annual rate of -3.6% from 2012 to 2021. At the same time, Spain (+6.0%), India (+4.5%) and Japan (+2.3%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +6.0% from 2012-2021. Belgium, China and France experienced a relatively flat trend pattern. By contrast, Italy (-1.3%), the Netherlands (-2.1%), the UK (-3.9%), South Korea (-5.0%), the United States (-6.4%) and Switzerland (-7.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India and Spain increased by +2.6 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest printing ink supplying countries from Puerto Rico were Germany ($X), Switzerland ($X) and the Netherlands ($X), with a combined 34% share of total exports. These countries were followed by the United States, Japan, France, the UK, Italy, Belgium, Spain, India, South Korea and China, which together accounted for a further 43%.

India, with a CAGR of +5.5%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Printing Ink Imports

Imports by Country

The purchases of the twelve major importers of printing ink, namely Belgium, Germany, France, the United States, Italy, Poland, Russia, the UK, Canada, the Netherlands, Austria and Spain, represented more than half of total import. Mexico (X tons) held a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +8.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 20% share of total imports. These countries were followed by the Netherlands, Belgium, Poland, Italy, the UK, Mexico, Russia, Canada, Austria and Spain, which together accounted for a further 27%.

Belgium, with a CAGR of +4.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for printing ink in the world?

The country with the largest volume of printing ink consumption was China, accounting for 18% of total volume. Moreover, printing ink consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.5% share.

What are the largest producers of printing ink in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together accounting for 36% of global production.

What are the leading suppliers of printing ink to Puerto Rico?

In value terms, the United States, Germany and France constituted the countries with the highest levels of imports in 2021, with a combined 20% share of total imports. The Netherlands, Australia, Belgium, Poland, the UK, Italy, Russia, Canada, Austria and Spain lagged somewhat behind, together accounting for a further 28%.

What are the leading importers of printing ink from Puerto Rico?

In value terms, Germany, the Netherlands and the United States were the countries with the highest levels of exports in 2021, with a combined 33% share of total exports. These countries were followed by Switzerland, Japan, France, the UK, Italy, Belgium, Spain, India, China and South Korea, which together accounted for a further 43%.

What is the average export price for printing ink in Puerto Rico?

In 2021, the export price in Puerto Rico amounted to less than $0.1 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for printing ink in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the printing ink market in Puerto Rico. 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 20302450 - Black printing inks
Prodcom 20302470 - Printing inks (excluding black)

Country coverage:

Puerto Rico

Data coverage:

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