The import of printing ink other than black to South Africa has shown mixed trends over the past decade. The peak was in 2015 with an import volume of 10.327 million kilograms, followed by a notable decline, reaching a low of 6.8456 million kilograms in 2020. In recent years, there has been a steady recovery, culminating in 8.3316 million kilograms in 2023. The year-on-year variation from 2022 to 2023 was a modest 0.33%, while the average annual change over the last five years indicates minimal growth, with a CAGR of 0.33%.
Future trends to watch for include:
- A forecasted stable increase in import volumes, reaching 8.4505 million kilograms by 2028.
- The five-year CAGR from 2024 to 2028 is anticipated to be 0.28%, suggesting incremental growth.
- Potential external factors such as global supply chain disruptions or shifts in local manufacturing capacity that could influence import volumes.