Over the past decade, the printing ink market in Portugal has shown a consistent downtrend, with volume decreasing from 12.353 million kilograms in 2013 to 6.6809 million kilograms in 2023. The most significant declines occurred from 2017 to 2023, with the volume reaching its lowest point. The year-on-year percentage changes indicate fluctuations, with a marked decrease in recent years, particularly an 11.66% drop from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years highlights a nearly 8.07% average annual contraction, emphasizing this continued downturn.
Future trends to watch for include the impact of digital media on demand for traditional printing, potential technological advancements in ink formulations, and the influence of environmental regulations on production and consumption patterns. Market recovery may hinge on eco-friendly innovations and diversification into fast-growing regions or sectors.
How does Portugal rank in Printing Ink Market Size Volume?
| # | 14 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 262,380,000 | 2023 | +0.35% | -0.54% | View data |
| 2 | 2 Italy | 150,690,000 | 2023 | +0.84% | -3.07% | View data |
| 3 | 3 Spain | 69,856,000 | 2023 | -0.44% | -0.16% | View data |
| 4 | 4 France | 59,693,000 | 2023 | -4.46% | -2.14% | View data |
| 5 | 5 Poland | 49,231,000 | 2023 | +0.2% | +1.92% | View data |
| 8 | 8 Slovakia | 8,657,400 | 2023 | +1.48% | +1.84% | View data |
| 9 | 9 Denmark | 6,760,400 | 2023 | -4.52% | -2.94% | View data |
| 10 | 10 Portugal | 6,680,900 | 2023 | -11.66% | -8.07% | |
| 11 | 11 Finland | 6,617,900 | 2023 | -14.05% | -10.19% | View data |
| 12 | 12 Romania | 5,980,300 | 2023 | -0.95% | -0.8% | View data |
