Slovakia: Black Printing Ink Market 2025

Black Printing Ink Market Size in Slovakia

The Slovak black printing ink market shrank markedly to $X in 2022, with a decrease of -20.1% 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 saw a deep setback. Black printing ink consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Black Printing Ink Exports

Exports from Slovakia

In 2022, approx. X tons of black printing ink were exported from Slovakia; declining by -3.9% against 2021. Over the period under review, exports faced a dramatic downturn. The growth pace was the most rapid in 2013 when exports increased by 84% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, black printing ink exports reduced notably to $X in 2022. Overall, exports continue to indicate a dramatic contraction. The growth pace was the most rapid in 2020 with an increase of 48%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X tons) was the main destination for black printing ink exports from Slovakia, accounting for a 45% share of total exports. Moreover, black printing ink exports to the Czech Republic exceeded the volume sent to the second major destination, Mexico (X tons), twofold. The third position in this ranking was taken by the United States (X kg), with a 7.4% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic totaled -25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (0.0% per year) and the United States (+97.8% per year).

In value terms, the Czech Republic ($X) remains the key foreign market for black printing ink exports from Slovakia, comprising 55% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 10% share of total exports. It was followed by Mexico, with an 8.7% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic totaled -38.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (-13.2% per year) and Mexico (0.0% per year).

Export Prices by Country

In 2022, the average black printing ink export price amounted to $X per ton, waning by -32.1% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2021 an increase of 17% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Romania ($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 Ukraine (-0.2%), while the prices for the other major destinations experienced a decline.

Black Printing Ink Imports

Imports into Slovakia

In 2022, black printing ink imports into Slovakia shrank notably to X tons, which is down by -20.6% compared with the previous year's figure. Overall, imports continue to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2017 when imports increased by 84%. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, black printing ink imports contracted notably to $X in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2017 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest black printing ink supplier to Slovakia, with a 77% share of total imports. Moreover, black printing ink imports from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), tenfold. Italy (X tons) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-4.9% per year) and Italy (-3.8% per year).

In value terms, Germany ($X) constituted the largest supplier of black printing ink to Slovakia, comprising 51% of total imports. The second position in the ranking was held by Austria ($X), with an 11% share of total imports. It was followed by Italy, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+0.3% per year) and Italy (+0.2% per year).

Import Prices by Country

In 2022, the average black printing ink import price amounted to $X per ton, rising by 5.3% against the previous year. Overall, the import price, however, recorded a deep downturn. The pace of growth was the most pronounced in 2019 when the average import price increased by 18%. The import price peaked at $X per ton in 2012; however, from 2013 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 the Czech Republic ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+96.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform