Key Market Indicators
Cypriot demand for printing inks is expected to fall by 9.4% year on year over the next five years, from $2.16 million in 2021 to $1.24 million in 2026. This is a significant decrease from the peak of $3.16 million in 2017. Lesotho was the top importer in 2021, followed by France, the United States and the Netherlands. Cypriot exports of printing inks dropped 99.2% in 2018, from $44,240 in 2017. This is a significant decrease from the peak of $421,000 in 1997. Montenegro was the top exporter in 2018, followed by the Netherlands, the United States and Japan. Over the past five years, Cypriot supply fell by 63.4%.