In the analysis of global exports of printing ink other than black, Germany leads with $1.2455 billion, followed by the Netherlands and the United States at $0.77526 and $0.58668 billion respectively. While Germany experienced a 5.75% increase in 2023, Japan saw a 1.76% decline. The United Kingdom and Singapore saw modest gains of 1.72% and 3.07% respectively. Smaller yet noteworthy increases were observed in Ireland, Indonesia, Israel, and Luxembourg, each seeing significant year-on-year growth.
Countries such as Belgium, Denmark, Brazil, Saudi Arabia, and South Africa experienced declines in their export values. Notably, Kuwait and Oman recorded substantial increases of 32.24% and 13.34% respectively. Finland and Argentina also saw declines at -4.85% and -5.43%. Emerging markets like El Salvador and Fiji showed remarkable growth of 8.25% and 8.09% respectively.
Future trends to watch for include potential market shifts due to increasing demand for eco-friendly printing inks and the technological advancements in the printing industry. The environmental regulations in Europe might affect export volumes, and the recovery of Asian markets could pose new competitive dynamics.
Top countries in Export of Printing Ink Other Than Black by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,245,500,000 | 2023 | +0.43% | +5.75% | View data |
| 2 | 2 Netherlands | 775,260,000 | 2023 | +2.92% | +4.6% | View data |
| 3 | 3 United States | 586,680,000 | 2023 | +1.28% | +1.56% | View data |
| 4 | 4 Japan | 450,680,000 | 2023 | +0.61% | -1.76% | View data |
| 5 | 5 United Kingdom | 317,140,000 | 2023 | +0.42% | +1.72% | View data |
| 6 | 6 Singapore | 299,360,000 | 2023 | +3.21% | +3.07% | View data |
| 7 | 7 France | 293,680,000 | 2023 | +1.72% | +2% | View data |
| 8 | 8 Italy | 230,720,000 | 2023 | +0.37% | +1.55% | View data |
| 9 | 9 Indonesia | 207,190,000 | 2023 | +5.41% | +5.64% | View data |
| 10 | 10 Israel | 168,050,000 | 2023 | +4.28% | +5.13% | View data |
