Report Update: May 1, 2024

Mexico - Black Printing Ink - Market Analysis, Forecast, Size, Trends And Insights

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Black Printing Ink Price in Mexico - 2023

Black Printing Ink Price in Mexico (CIF) - 2023

In June 2023, the average black printing ink import price amounted to $15,654 per ton, therefore, remained relatively stable against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 39% m-o-m. The import price peaked at $18,307 per ton in January 2023; however, from February 2023 to June 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($50,266 per ton), while the price for India ($3,218 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Black Printing Ink Price in Mexico (FOB) - 2023

In June 2023, the average black printing ink export price amounted to $4,677 per ton, falling by -54.3% against the previous month. Overall, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in August 2022 an increase of 110% against the previous month. As a result, the export price reached the peak level of $13,493 per ton. From September 2022 to June 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($9,135 per ton), while the average price for exports to Colombia ($4,051 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Black Printing Ink Imports in Mexico

For the fourth consecutive year, Mexico recorded growth in supplies from abroad of black printing ink, which increased by 4.1% to 3.5K tons in 2022. In general, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 61%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, black printing ink imports rose rapidly to $56M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Black Printing Ink in Mexico (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	23.8	22.3	24.5	24.3	0.7%
United Kingdom	1.7	2.3	2.8	5.3	46.1%
Japan	3.8	2.9	3.4	3.8	0.0%
Indonesia	4.6	3.5	2.5	3.6	-7.8%
China	3.4	3.0	3.8	3.6	1.9%
Germany	1.7	1.4	2.0	2.5	13.7%
Philippines	3.7	5.3	2.8	1.8	-21.4%
Italy	0.8	0.6	1.0	1.4	20.5%
South Korea	0.9	0.6	0.8	1.3	13.0%
Spain	0.8	0.7	1.2	1.3	17.6%
Israel	0.5	0.6	0.6	1.1	30.1%
France	0.5	0.5	0.8	0.7	11.9%
India	0.4	0.3	0.5	0.5	7.7%
Others	5.0	4.5	4.4	4.5	-3.5%
Total	51.6	48.3	51.1	55.6	2.5%

Top Suppliers of Black Printing Ink to Mexico in 2022:

United States (1807.9 tons)
China (477.3 tons)
Germany (202.5 tons)
South Korea (179.7 tons)
United Kingdom (117.7 tons)
India (106.2 tons)
Japan (96.6 tons)
Spain (91.9 tons)
Italy (83.5 tons)
France (77.5 tons)
Israel (66.0 tons)
Indonesia (64.3 tons)
Philippines (49.0 tons)

Black Printing Ink Exports in Mexico

For the fourth consecutive year, Mexico recorded growth in shipments abroad of black printing ink, which increased by 0.3% to 264 tons in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, black printing ink exports rose significantly to $1.3M in 2022. Over the period under review, exports, however, continue to indicate a abrupt setback.

Export of Black Printing Ink in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	301	388	443	527	20.5%
Guatemala	389	337	450	447	4.7%
Colombia	295	213	82.7	250	-5.4%
El Salvador	236	152	137	81.1	-30.0%
Costa Rica	114	160	40.8	10.9	-54.3%
Peru	233	67.0	N/A	N/A	-71.2%
Canada	N/A	149	N/A	N/A	0%
Others	369	278	29.5	9.0	-71.0%
Total	1,937	1,744	1,183	1,325	-11.9%

Top Export Markets for Black Printing Ink from Mexico in 2022:

Guatemala (100.8 tons)
Colombia (77.7 tons)
United States (65.1 tons)
El Salvador (15.0 tons)
Costa Rica (5.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the black printing ink market in Mexico. 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 20302450 - Black printing inks

Country coverage:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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