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Hong Kong SAR, China - Color Printing Ink - Market Analysis, Forecast, Size, Trends And Insights
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View PricingColor Printing Ink Price in Hong Kong SAR - 2023
Contents:
- Color Printing Ink Price in Hong Kong SAR (CIF) - 2023
- Color Printing Ink Price in Hong Kong SAR (FOB) - 2023
- Color Printing Ink Imports in Hong Kong SAR
- Color Printing Ink Exports in Hong Kong SAR
Color Printing Ink Price in Hong Kong SAR (CIF) - 2023
The average color printing ink import price stood at $18,550 per ton in September 2023, which is down by -2.2% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 when the average import price increased by 37% against the previous month. As a result, import price reached the peak level of $23,650 per ton. From November 2022 to September 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($40,510 per ton), while the price for Spain ($4,860 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by South Korea (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Color Printing Ink Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average color printing ink export price amounted to $23,274 per ton, waning by -3% against the previous month. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in May 2023 an increase of 79% m-o-m. The export price peaked at $35,540 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($23,965 per ton), while the average price for exports to the United States ($12,273 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.
Color Printing Ink Imports in Hong Kong SAR
In 2022, approx. 5.6K tons of color printing ink were imported into Hong Kong SAR; with a decrease of -29.2% on the year before. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year.
In value terms, color printing ink imports shrank to $104M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of $111M, and then fell in the following year.
Import of Color Printing Ink in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 21.9 | 25.8 | 28.9 | 48.1 | 30.0% |
China | 7.6 | 5.0 | 11.5 | 13.1 | 19.9% |
United Kingdom | 10.3 | 8.3 | 10.8 | 7.2 | -11.3% |
United States | 18.0 | 9.8 | 9.2 | 7.0 | -27.0% |
South Korea | 7.9 | 9.6 | 10.2 | 6.3 | -7.3% |
Taiwan (Chinese) | 3.4 | 3.3 | 10.3 | 5.0 | 13.7% |
Germany | 4.5 | 4.8 | 5.1 | 3.1 | -11.7% |
Spain | 0.2 | 1.7 | 2.2 | 2.5 | 132.1% |
Singapore | 6.2 | 8.3 | 8.4 | 2.0 | -31.4% |
Australia | 1.4 | N/A | N/A | N/A | 0% |
Others | 18.9 | 12.9 | 14.2 | 9.4 | -20.8% |
Total | 100 | 89.6 | 111 | 104 | 1.3% |
Top Suppliers of Color Printing Ink to Hong Kong SAR in 2022:
- China (1216.6 tons)
- Japan (1103.4 tons)
- Spain (771.6 tons)
- South Korea (605.3 tons)
- United Kingdom (481.5 tons)
- United States (439.9 tons)
- Taiwan (Chinese) (336.4 tons)
- Germany (209.2 tons)
- Singapore (128.2 tons)
- Australia (1.6 tons)
Color Printing Ink Exports in Hong Kong SAR
Color printing ink exports from Hong Kong SAR fell rapidly to 3.3K tons in 2022, which is down by -33.1% compared with 2021. Overall, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 10% against the previous year.
In value terms, color printing ink exports shrank to $95M in 2022. The total export value increased at an average annual rate of +1.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $106M, and then dropped in the following year.
Export of Color Printing Ink in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 72.8 | 75.8 | 82.5 | 74.4 | 0.7% |
Vietnam | 4.6 | 4.7 | 4.9 | 4.3 | -2.2% |
Japan | 2.5 | 1.9 | 4.1 | 3.9 | 16.0% |
Bangladesh | 2.6 | 2.2 | 3.3 | 3.4 | 9.4% |
India | 1.3 | 1.1 | 1.7 | 1.5 | 4.9% |
Others | 8.6 | 7.3 | 10.0 | 7.8 | -3.2% |
Total | 92.3 | 93.0 | 106 | 95.2 | 1.0% |
Top Export Markets for Color Printing Ink from Hong Kong SAR in 2022:
- China (2389.7 tons)
- Vietnam (192.1 tons)
- Bangladesh (184.6 tons)
- India (84.3 tons)
- Japan (84.2 tons)
This report provides an in-depth analysis of the color printing ink market in Hong Kong SAR, China. 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 20302470 - Printing inks (excluding black)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the color printing ink market in Hong Kong SAR, China.
This report provides an in-depth analysis of the printing ink market in Hong Kong SAR, China.
This report provides an in-depth analysis of the black printing ink market in Hong Kong SAR, China.
This report provides an in-depth analysis of the ink market in Hong Kong SAR, China.
This report provides an in-depth analysis of the global color printing ink market.
This report provides an in-depth analysis of the global printing ink market.
This report provides an in-depth analysis of the global black printing ink market.
This report provides an in-depth analysis of the global ink market.
This report provides an in-depth analysis of the color printing ink market in Hong Kong SAR, China.
This report provides an in-depth analysis of the printing ink market in Hong Kong SAR, China.
The price of printing ink reached CIF $19,420 per ton in January 2023, a 25% increase from the previous month, in Hong Kong, China
During the period reviewed, Ink exports reached a peak of 4.9K tons in 2014. However, from 2015 to 2023, exports were unable to pick up steam again. In terms of value, ink exports sharply declined to $38M by 2023.
In June 2023, the value of Ink exports experienced a rapid decline, shrinking to $2M.
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
In 2016, the amount of printing ink imported worldwide stood at X tons, approximately mirroring the previous year figure. In general, printing ink imports continue to indicate a relatively flat t...
Despite a slight dip in exports, Germany continued its dominance in the global printing ink trade. In 2014, Germany exported X thousand tons of printing ink totaling X million USD, X% under the previous year. Its primary trading partner was Fra
Explore the top import markets for ink based on the Import Value of Ink in various countries. Germany, Netherlands, France, United Kingdom, Italy, China, Singapore, Czech Republic, Spain, and Indonesia lead the market. Gain insights using IndexBox market intelligence platform.
The price of printing ink reached CIF $19,420 per ton in January 2023, a 25% increase from the previous month, in Hong Kong, China
During the period reviewed, Ink exports reached a peak of 4.9K tons in 2014. However, from 2015 to 2023, exports were unable to pick up steam again. In terms of value, ink exports sharply declined to $38M by 2023.
In June 2023, the value of Ink exports experienced a rapid decline, shrinking to $2M.