Australia and Oceania: Ink Market 2024

Ink Market Size in Australia and Oceania

In 2022, the ink market in Australia and Oceania decreased by X% to $X for the first time since 2017, thus ending a four-year rising trend. The total consumption indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Ink Production in Australia and Oceania

In value terms, ink production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Ink Exports

Exports in Australia and Oceania

In 2022, after two years of decline, there was significant growth in shipments abroad of inks (excluding printing ink), when their volume increased by X% to X tons. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, ink exports surged to $X in 2022. Over the period under review, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Australia prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by New Zealand (X tons), generating a X% share of total exports.

Australia was also the fastest-growing in terms of the inks (excluding printing ink) exports, with a CAGR of X% from 2012 to 2022. At the same time, New Zealand (X%) displayed positive paces of growth. Australia (X p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Australia ($X) remains the largest ink supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by New Zealand ($X), with an X% share of total exports.

In Australia, ink exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was New Zealand ($X per ton), while Australia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Ink Imports

Imports in Australia and Oceania

In 2022, after four years of growth, there was significant decline in purchases abroad of inks (excluding printing ink), when their volume decreased by X% to X tons. Total imports indicated a pronounced increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, ink imports reduced remarkably to $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then dropped rapidly in the following year.

Imports by Country

In 2022, Fiji (X tons), distantly followed by Papua New Guinea (X tons), Australia (X tons), New Zealand (X tons) and Solomon Islands (X tons) represented the largest importers of inks (excluding printing ink), together making up X% of total imports. Samoa (X tons) and New Caledonia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Samoa (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Australia ($X) and Fiji ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. New Caledonia, Papua New Guinea, Solomon Islands and Samoa lagged somewhat behind, together comprising a further X%.

Samoa, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, showed perceptible growth. The pace of growth appeared the most rapid in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was New Caledonia ($X per ton), while Fiji ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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