Switzerland: Black Printing Ink Market 2024

Black Printing Ink Market Size in Switzerland

The Swiss black printing ink market contracted modestly to $X in 2022, dropping by -3.9% against the previous year. In general, consumption continues to indicate a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Black Printing Ink Production in Switzerland

In value terms, black printing ink production declined to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2019 with an increase of 60%. Black printing ink production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Black Printing Ink Exports

Exports from Switzerland

Black printing ink exports from Switzerland dropped to X tons in 2022, declining by -14.8% against the year before. Over the period under review, exports saw a abrupt curtailment. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, black printing ink exports fell to $X in 2022. In general, exports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for black printing ink exports from Switzerland, accounting for a 23% share of total exports. Moreover, black printing ink exports to Germany exceeded the volume sent to the second major destination, China (X tons), twofold. The third position in this ranking was held by Italy (X tons), with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -6.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+12.1% per year) and Italy (-6.1% per year).

In value terms, Germany ($X) remains the key foreign market for black printing ink exports from Switzerland, comprising 16% of total exports. The second position in the ranking was held by Nigeria ($X), with a 6.6% share of total exports. It was followed by France, with a 6% share.

From 2012 to 2022, the average annual growth rate of value to Germany stood at -5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (+34.4% per year) and France (-9.9% per year).

Export Prices by Country

The average black printing ink export price stood at $X per ton in 2022, surging by 11% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2014 an increase of 61%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($X per ton), while the average price for exports to China ($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 France (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Black Printing Ink Imports

Imports into Switzerland

In 2022, approx. X tons of black printing ink were imported into Switzerland; which is down by -5.7% compared with 2021 figures. Over the period under review, imports recorded a pronounced descent. The pace of growth appeared the most rapid in 2014 when imports increased by 14% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, black printing ink imports reduced to $X in 2022. Overall, imports showed a abrupt decline. The growth pace was the most rapid in 2017 when imports increased by 50% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest black printing ink supplier to Switzerland, with a 82% share of total imports. Moreover, black printing ink imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), eightfold. Italy (X tons) ranked third in terms of total imports with a 1.4% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at -2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+4.2% per year) and Italy (-20.2% per year).

In value terms, Germany ($X) constituted the largest supplier of black printing ink to Switzerland, comprising 51% of total imports. The second position in the ranking was held by Spain ($X), with a 6.8% share of total imports. It was followed by the UK, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-7.1% per year) and the UK (-17.0% per year).

Import Prices by Country

The average black printing ink import price stood at $X per ton in 2022, remaining stable against the previous year. Overall, the import price saw a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the average import price increased by 51%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform