Kenya: Color Printing Ink Market 2024

Color Printing Ink Market Size in Kenya

The Kenyan color printing ink market declined markedly to $X in 2023, dropping by X% against the previous year. Overall, consumption showed a abrupt contraction. Color printing ink consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Color Printing Ink Production in Kenya

In value terms, color printing ink production shrank rapidly to $X in 2023 estimated in export price. In general, production saw a deep setback. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Color printing ink production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Color Printing Ink Exports

Exports from Kenya

In 2023, approx. X tons of color printing ink were exported from Kenya; picking up by X% against 2022 figures. In general, exports enjoyed prominent growth. Over the period under review, the exports reached the maximum at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.

In value terms, color printing ink exports surged to $X in 2023. Over the period under review, exports saw buoyant growth. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

Exports by Country

Uganda (X tons), Tanzania (X tons) and Ethiopia (X tons) were the main destinations of color printing ink exports from Kenya, with a combined X% share of total exports. Zambia and Rwanda lagged somewhat behind, together comprising a further X%.

From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Uganda ($X) and Ethiopia ($X) appeared to be the largest markets for color printing ink exported from Kenya worldwide, together accounting for X% of total exports.

Among the main countries of destination, Tanzania, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average color printing ink export price stood at $X per ton in 2023, waning by X% against the previous year. Over the period under review, the export price saw a mild curtailment. The growth pace was the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2023, amid the top suppliers, the highest price was recorded for prices to Tanzania ($X per ton) and Rwanda ($X per ton), while the average price for exports to Zambia ($X per ton) and Uganda ($X per ton) were amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (X%), while the prices for the other major destinations experienced a decline.

Color Printing Ink Imports

Imports into Kenya

In 2023, approx. X tons of color printing ink were imported into Kenya; which is down by X% compared with the previous year. Overall, imports, however, continue to indicate a pronounced expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2022, and then dropped notably in the following year.

In value terms, color printing ink imports fell sharply to $X in 2023. Over the period under review, imports, however, continue to indicate a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Egypt (X tons), India (X tons) and South Korea (X tons) were the main suppliers of color printing ink imports to Kenya, together accounting for X% of total imports.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Egypt (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest color printing ink suppliers to Kenya were Switzerland ($X), India ($X) and Sweden ($X), with a combined X% share of total imports. The UK, Egypt, Italy, South Korea, China, South Africa, France, Germany, the United Arab Emirates and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average color printing ink import price amounted to $X per ton, falling by X% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform