Germany leads the European export of printing ink with a significant share, but its exports have declined by 3.82% in 2023. The Netherlands, Spain, and Belgium have seen positive growths, with Spain leading at 10.43%. Belgium also recorded a notable increase at 12.09%. Other countries like Luxembourg, Sweden, and Poland are contributing moderate growth. On the flip side, Finland and Denmark recorded a significant decrease in their export shares, with Denmark showing the steepest decline at 44.09%.
Future trends to watch include the recovery path of Germany's market share and whether the positive growth seen in countries like Belgium and Spain can be sustained. Also, monitor emerging markets such as Ireland, which showed a robust increase of 14.71%, and Slovakia with an impressive growth rate. Factors influencing these trends include technological advancements in printing technologies and shifting market demands across Europe.
Top countries in Export of Printing Ink Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 36.06 | 2023 | -3.22% | -3.82% | View data |
| 2 | 2 Netherlands | 20.37 | 2023 | +7.51% | +2.45% | View data |
| 3 | 3 Spain | 7.72 | 2023 | +2.83% | +10.43% | View data |
| 4 | 4 Italy | 6.61 | 2023 | +0.89% | +0.41% | View data |
| 5 | 5 Belgium | 5.4 | 2023 | +6.97% | +12.09% | View data |
| 6 | 6 United Kingdom | 4.97 | 2023 | -2.63% | -0.99% | View data |
| 7 | 7 France | 4.57 | 2023 | -0.8% | -1.8% | View data |
| 8 | 8 Luxembourg | 4.12 | 2023 | +3.98% | +2.65% | View data |
| 9 | 9 Sweden | 2.95 | 2023 | +6.1% | +4.13% | View data |
| 10 | 10 Poland | 2.14 | 2023 | +4.29% | +5.6% | View data |
