The black printing inks market in Bulgaria has experienced fluctuations over the past decade. In 2023, the market stood at 339.46 thousand kilograms, recording a year-on-year decline of 5.19%. The five-year compound annual growth rate (CAGR) was negative at -0.79%, indicating a downward trend over recent years. Between 2013 and 2023, significant value drops occurred in specific years, such as a 27.24% decrease in 2018, reflecting a contraction in demand or structural changes in the market.
Future trends to watch for include:
• Adoption of digital printing technologies potentially impacting demand for traditional inks.
• Economic recovery post-2023 as a factor for market stabilization or growth.
• Changes in regulatory environments affecting ink formulations and usage in the region.
| # | 12 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,957,000 | 2023 | -5.83% | -5.47% | View data |
| 2 | 2 United Kingdom | 13,276,000 | 2023 | -6.99% | -6.92% | View data |
| 3 | 3 Italy | 12,556,000 | 2023 | -2.69% | +1.72% | View data |
| 4 | 4 France | 12,482,000 | 2023 | -0.76% | -1.92% | View data |
| 5 | 5 Poland | 9,150,200 | 2023 | +2.35% | +3.21% | View data |
| 10 | 10 Croatia | 667,250 | 2023 | -1.5% | -4.55% | View data |
| 11 | 11 Lithuania | 351,800 | 2023 | +2.94% | +1.03% | View data |
| 12 | 12 Bulgaria | 339,460 | 2023 | -5.19% | -0.79% | |
