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United Kingdom - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: May 17, 2023

UK Ink Price Skyrocket to $45.4 per kg

United Kingdom Ink Export Price in January 2023

In January 2023, the ink price amounted to $45,363 per ton (FOB, United Kingdom), picking up by 11% against the previous month. Overall, the export price, however, saw a noticeable descent. The growth pace was the most rapid in August 2022 an increase of 45% m-o-m. Over the period under review, the average export prices attained the maximum at $73,299 per ton in February 2022; however, from March 2022 to January 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($127K per ton), while the average price for exports to Brazil ($8,414 per ton) was amongst the lowest.

From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRY	Export Price of Ink in United Kingdom (USD per ton)
COUNTRY	Jan 2022	Feb 2022	Mar 2022	Apr 2022	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023
Germany	158,146	90,799	150,337	170,408	111,925	175,309	79,767	124,070	108,166	80,458	66,251	80,984	126,774
Ireland	94,045	104,197	158,917	159,356	143,455	115,483	106,356	73,037	96,304	103,373	91,937	112,326	125,400
Netherlands	66,987	101,633	98,584	152,230	133,868	66,464	93,739	114,302	82,569	118,415	86,410	101,520	78,603
France	190,215	86,746	96,347	84,559	101,084	86,932	90,563	130,185	128,078	182,659	107,921	86,287	51,313
Thailand	13,095	70,372	30,259	5,705	29,710	118,173	25,147	21,158	32,014	22,792	44,357	29,333	20,488
Singapore	16,131	25,827	21,174	19,278	14,142	21,602	17,564	18,857	13,866	17,383	18,958	15,493	20,416
United States	22,286	38,840	23,368	18,774	11,145	6,427	10,467	17,295	14,992	15,042	14,398	18,092	14,411
Vietnam	19,568	23,009	7,919	7,253	16,067	118,755	21,220	61,329	9,407	8,373	19,895	55,555	13,882
Italy	44,763	69,937	46,140	36,641	69,350	42,401	38,125	18,882	18,003	17,906	16,493	16,719	13,632
Canada	46,716	65,983	13,564	13,265	21,873	10,524	5,135	41,129	10,426	8,599	12,053	12,291	13,618
Saudi Arabia	66,924	31,541	60,116	68,273	65,602	139,506	54,117	51,562	162,629	72,028	366,930	73,184	12,867
Czech Republic	101,998	39,465	61,340	47,085	166,511	9,850	17,626	18,700	7,105	8,909	24,090	28,532	8,498
Brazil	15,158	13,101	10,950	18,874	10,496	9,604	7,035	19,067	10,318	10,059	9,515	11,506	8,414
Average	58,584	73,299	58,627	69,000	48,950	36,993	46,861	67,980	45,234	40,081	45,346	40,945	45,363

United Kingdom Ink Exports

Ink exports from the UK dropped remarkably to 477 tons in January 2023, which is down by -19.2% against the previous month's figure. In general, total exports indicated a slight increase from January 2022 to January 2023: its volume increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2023 figures, exports decreased by -25.5% against October 2022 indices. The growth pace was the most rapid in February 2022 with an increase of 60% m-o-m.

In value terms, ink exports declined to $22M (IndexBox estimates) in January 2023. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when exports increased by 100% against the previous month. As a result, the exports attained the peak of $45M. From March 2022 to January 2023, the growth of the exports failed to regain momentum.

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United Kingdom Ink Exports by Country

The Netherlands (106 tons), Brazil (68 tons) and Italy (52 tons) were the main destinations of ink exports from the UK, with a combined 47% share of total exports. These countries were followed by Germany, the United States, Saudi Arabia, France, Thailand, Canada, Vietnam, Ireland, the Czech Republic and Singapore, which together accounted for a further 38%.

From January 2022 to January 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +39.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($8.4M), Germany ($6.3M) and Ireland ($1M) appeared to be the largest markets for ink exported from the UK worldwide, together accounting for 72% of total exports. These countries were followed by Italy, the United States, France, Brazil, Thailand, Saudi Arabia, Canada, Vietnam, Singapore and the Czech Republic, which together accounted for a further 16%.

Vietnam, with a CAGR of +33.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ink market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20593000 - Inks (excluding printing ink)

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023

United Kingdom - Inks (Excluding Printing Ink) - Market Analysis, Forecast, Size, Trends And Insights

UK Ink Price Skyrocket to $45.4 per kg

United Kingdom Ink Export Price in January 2023

United Kingdom Ink Exports

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United Kingdom Ink Exports by Country

Product coverage:

Country coverage:

Data coverage:

Reasons to buy this report:

1. INTRODUCTION

2. EXECUTIVE SUMMARY

3. MARKET OVERVIEW

4. MOST PROMISING PRODUCT

5. MOST PROMISING SUPPLYING COUNTRIES

6. MOST PROMISING OVERSEAS MARKETS

7. PRODUCTION

8. IMPORTS

9. EXPORTS

10. PROFILES OF MAJOR PRODUCERS

LIST OF TABLES

LIST OF FIGURES

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