Sweden: Color Printing Ink Market 2024

Color Printing Ink Market Size in Sweden

The Swedish color printing ink market rose markedly to $X in 2022, surging by 8.8% against the previous year. Over the period under review, consumption, however, saw a slight downturn. Color printing ink consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Color Printing Ink Production in Sweden

In value terms, color printing ink production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Color Printing Ink Exports

Exports from Sweden

Color printing ink exports from Sweden dropped to X tons in 2022, which is down by -8.7% against the year before. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 with an increase of 29%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, color printing ink exports reduced to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 15% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), Denmark (X tons) and Norway (X tons) were the main destinations of color printing ink exports from Sweden, with a combined 34% share of total exports. Israel, Finland, France, Turkey, Poland, South Africa, the Netherlands, the UK, India and Italy lagged somewhat behind, together comprising a further 47%.

From 2012 to 2022, the biggest increases were recorded for Israel (with a CAGR of +24.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and Poland ($X) constituted the largest markets for color printing ink exported from Sweden worldwide, together accounting for 28% of total exports. France, Turkey, Norway, the UK, South Africa, Israel, Finland, India, Italy and the Netherlands lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, South Africa, with a CAGR of +10.8%, 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

The average color printing ink export price stood at $X per ton in 2022, with an increase of 3.4% against the previous year. Over the period under review, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Israel ($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 India (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Color Printing Ink Imports

Imports into Sweden

In 2022, the amount of color printing ink imported into Sweden declined slightly to X tons, with a decrease of -2.3% against the previous year. In general, imports recorded a pronounced setback. The most prominent rate of growth was recorded in 2019 with an increase of 14%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, color printing ink imports declined to $X in 2022. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by 17% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Finland (X tons) were the main suppliers of color printing ink imports to Sweden, together accounting for 82% of total imports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +20.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Finland ($X) were the largest color printing ink suppliers to Sweden, with a combined 76% share of total imports.

Finland, with a CAGR of +18.5%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average color printing ink import price amounted to $X per ton, standing approx. at the previous year. Overall, the import price, however, showed a mild setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform