Black printing ink market in Denmark

Earlier Report Observations

From 2018 to 2020, the market volume for black printing ink in Denmark contracted from 1 481 t to 1 183 t, driven by a prolonged decrease in commercial printing turnover and the implementation of EU regulations on food-contact materials, which prompted reformulation toward more sustainable ink chemistries.

A temporary rebound to 1 373 t occurred in 2021 as demand for water-based and digital printing inks grew, but volume fell sharply to 887 t by 2023 amid raw material cost pressures from global supply chain disruptions and compliance costs for low-VOC and REACH requirements that strained producers.

The market recovered to 988 t in 2024, coinciding with a 16% rise in black printing ink consumption across the EU, price stabilization after earlier volatility, and the introduction of innovative ink solutions by major companies, while ongoing shifts toward digital printing and UV-LED inks continue to reshape demand.

Production black printing ink in Denmark

In value, 2018-2021, K $ US

Denmark's black printing ink production rebounded after two years of contraction. In 2020, output hit its lowest point at 2 974 thousand US dollars, following a significant 7.9% decline in 2019. By 2021, production had recovered to 3 364 thousand US dollars, marking a solid 13.1% increase compared to the previous year.

Annual dynamics of production in Denmark in value, 2018-2021, K $ US

In kind, 2018-2021, t

Denmark's black printing ink production showed signs of recovery after two years of reduction. In 2020, production reached its minimum at 181.5 tonnes, after a sharp 13.0% drop in 2019. In 2021, output rose to 196.8 tonnes, reflecting a moderate 8.4% year-over-year increase. Overall, from 2018 to 2021, production decreased by 14.5%, with an average annual decline of 5.1%.

Annual dynamics of production in Denmark in kind, 2018-2021, t

Exports black printing ink from Denmark

Exports in kind, t

Denmark's black printing ink exports began to recover after two years of decline. In 2020, exports fell to their lowest level at 120 tonnes, following a substantial 22.4% decrease in 2019. In 2021, exports increased to 127 tonnes, representing a moderate 5.6% rise compared to 2020. Over the 2018-2021 period, exports decreased by 25.3%, equating to an average annual decline of 9.2%.

Annual dynamics of product's exports from Denmark in kind, 2018-2021, t

From 2018 to 2021, Denmark's black printing ink exports were relatively diversified across markets. Germany accounted for 24.3% of exports in kind, the Netherlands for 12.3%, and Czechia for 10.1%. Together, these three countries represented 46.7% of total export flows, indicating a lack of concentration on a few key destinations.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, K $ US

Denmark's black printing ink exports in value terms declined for the third consecutive year. In 2021, exports amounted to 2 749 thousand US dollars, which was 21.3% lower than in 2020. Over the 2018-2021 period, exports decreased by 46.5%, with an average annual decline of 18.8%.

Annual dynamics of product's exports from Denmark in value, 2018-2021, K $ US

From 2018 to 2021, Sweden was the largest buyer of black printing ink from Denmark in value terms, accounting for 26.7% of exports. Germany followed with 16.0%, and Czechia with 11.4%. Together, these three markets formed 54.1% of Denmark's total export value for this product.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Denmark in value, 2018-2021

Imports black printing ink to Denmark

Imports in kind, t

Denmark's black printing ink imports rebounded after two years of decrease. In 2020, imports reached their lowest point at 1 122 tonnes, after a 13.0% decline in 2019. In 2021, import volume rose to 1 303 tonnes, showing a robust 16.1% increase compared to the previous year. Overall, from 2018 to 2021, imports decreased by 8.3%, with an average annual decline of 2.8%.

Annual dynamics of product's imports to Denmark in kind, 2018-2021, t

From 2018 to 2021, Germany and Sweden dominated Denmark's black printing ink imports in kind, together accounting for 82.6% of total flows. Other trading partners played a supplementary role in the import market.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, K $ US

Denmark's black printing ink imports in value terms declined for the third consecutive year. In 2021, imports totaled approximately 6 062 thousand US dollars, marking a small 1.7% fall from 2020. Over the 2018-2021 period, imports decreased by 33.3%, with an average annual decline of 12.6%.

Annual dynamics of product's imports to Denmark in value, 2018-2021, K $ US

From 2018 to 2021, Germany was the main source of Denmark's black printing ink imports in value terms, accounting for 27.9%. The Netherlands followed with 26.3%, and Sweden with 19.2%. Together, these three countries represented 73.4% of total import flows.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Denmark in value, 2018-2021