MERCOSUR: Printing Ink Market 2024

Printing Ink Market Size in MERCOSUR

The MERCOSUR printing ink market amounted to $X in 2023, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Printing Ink Production in MERCOSUR

In value terms, printing ink production stood at $X in 2023 estimated in export price. The total production indicated a tangible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Printing Ink Exports

Exports in MERCOSUR

In 2023, approx. X tons of printing ink were exported in MERCOSUR; waning by X% compared with 2022 figures. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, printing ink exports totaled $X in 2023. Over the period under review, exports recorded a noticeable setback. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

Brazil (X tons) and Colombia (X tons) were the main exporters of printing ink in 2023, amounting to approx. X% and X% of total exports, respectively. Peru (X tons) took the next position in the ranking, followed by Chile (X tons). All these countries together held approx. X% share of total exports. Argentina (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Chile (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Brazil ($X), Colombia ($X) and Chile ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Chile, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2023, surging by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Peru ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Printing Ink Imports

Imports in MERCOSUR

In 2023, printing ink imports in MERCOSUR contracted to X tons, falling by X% against the previous year's figure. Over the period under review, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, printing ink imports contracted modestly to $X in 2023. In general, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, Brazil (X tons) represented the largest importer of printing ink, making up X% of total imports. Peru (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Argentina (X%), Colombia (X%), Ecuador (X%) and Chile (X%). Paraguay (X tons) took a minor share of total imports.

From 2012 to 2023, average annual rates of growth with regard to printing ink imports into Brazil stood at X%. Ecuador experienced a relatively flat trend pattern. Paraguay (X%), Colombia (X%), Argentina (X%), Peru (X%) and Chile (X%) illustrated a downward trend over the same period. While the share of Brazil (X p.p.), Ecuador (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Peru (X p.p.) and Chile (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported printing ink in MERCOSUR, comprising X% of total imports. The second position in the ranking was held by Argentina ($X), with a X% share of total imports. It was followed by Colombia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Argentina (X% per year) and Colombia (X% per year).

Import Prices by Country

In 2023, the import price in MERCOSUR amounted to $X per ton, with an increase of X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import peaked in 2023 and is likely to continue growth in the near future.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Peru (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform