Color printing ink (excluding black) market in Croatia

Earlier Report Observations

The Croatian market for color printing ink (excluding black) exhibited significant volatility between 2018 and 2024, marked by a pronounced peak in 2021. After initial growth to 3,906 tons in 2019, market volume contracted in 2020 before surging to 4,079 tons the following year.

This peak in physical consumption was accompanied by a rise in market value to $25.2 million in 2021. A downward trend followed, with volume declining to 3,515 tons in 2023 and stabilizing near 3,500 tons in 2024, while market value eased to approximately $23.3 million.

The period concluded with market metrics returning close to their 2018-2019 baseline, completing a cycle of expansion and subsequent correction over the seven-year span.

Production color printing ink in Croatia

In value, 2017-2020, K $ US

Croatia's production of color printing ink (excluding black) declined for the second year in a row. In 2020, output was valued at 1 148 thousand US dollars, which is 8.3% lower than in 2019. Production peaked in 2018 at 2 408 thousand US dollars, but then fell sharply by 48.0% in 2019, followed by a smaller decline in 2020. Over the entire period from 2017 to 2020, production decreased by 50.8%, averaging an annual decline of 21.0%.

Annual dynamics of production in Croatia in value, 2017-2020, K $ US

In kind, 2017-2020, t

Croatia's production of color printing ink (excluding black) in physical terms also declined for the second consecutive year. In 2020, the country produced 271.5 tonnes, down 3.5% from 2019. Production reached its highest level in 2018 at 348.8 tonnes, but then dropped by 19.4% in 2019 before the further slight decline in 2020. Overall, from 2017 to 2020, production fell by 16%, with an average annual decrease of 5.6%.

Annual dynamics of production in Croatia in kind, 2017-2020, t

Exports color printing ink from Croatia

Exports in kind, t

Croatia's exports of color printing ink (excluding black) increased for the second year in a row. In 2020, exports reached 281 tonnes, which is 31.1% higher than in 2019. Exports hit their lowest point in 2018 at 183 tonnes, with a slight decline of 2.9% that year, before rebounding strongly. Over the period from 2017 to 2020, exports grew by 49.2%, averaging an annual increase of 14.3%.

Annual dynamics of product's exports from Croatia in kind, 2017-2020, t

From 2017 to 2020, the main destinations for Croatia's exports of color printing ink (excluding black) in physical terms were Slovenia (26.6% of exports), Bosnia and Herzegovina (22.3%), and Hungary (22.1%). Together, these three countries accounted for 71.1% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Croatia in kind, 2017-2020

Exports in value, K $ US

After rising for two years, Croatia's exports of color printing ink (excluding black) in value terms declined in 2020. Exports totaled 3 209 thousand US dollars, down 5.7% from 2019. The highest value was recorded in 2019 at 3 402 thousand US dollars, with a significant increase of 15.1% that year. Overall, from 2017 to 2020, exports increased by 20.4%, with an average annual growth rate of 6.4%.

Annual dynamics of product's exports from Croatia in value, 2017-2020, K $ US

From 2017 to 2020, the leading markets for Croatia's exports of color printing ink (excluding black) in value terms were Slovenia (33.2% of exports), Hungary (25.1%), and Serbia (9.9%). Combined, these three countries represented 68.2% of total export value.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Croatia in value, 2017-2020

Imports color printing ink to Croatia

Imports in kind, t

Croatia's imports of color printing ink (excluding black) in physical terms decreased in 2020, totaling 3 698 tonnes, which is 3.7% lower than in 2019. Imports were at their lowest in 2018 at 3 637 tonnes, then rose to a peak of 3 839 tonnes in 2019 with a 5.6% increase that year, before the decline in 2020.

Annual dynamics of product's imports to Croatia in kind, 2017-2020, t

From 2017 to 2020, the primary suppliers of color printing ink (excluding black) to Croatia in physical terms were Germany (36.0% of imports), Hungary (18.2%), and Italy (10.4%). Together, these three countries made up 64.6% of total import volume.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Croatia in kind, 2017-2020

Imports in value, K $ US

After increasing for two years, Croatia's imports of color printing ink (excluding black) in value terms declined in 2020. Imports amounted to 24 152 thousand US dollars, showing little change from 2019. The highest value was recorded in 2019 at 24 224 thousand US dollars, with a 5.6% increase that year. Over the period from 2017 to 2020, imports grew by 10.2%, averaging an annual rise of 3.3%.

Annual dynamics of product's imports to Croatia in value, 2017-2020, K $ US

From 2017 to 2020, the key sources for Croatia's imports of color printing ink (excluding black) in value terms were Germany (37.2% of imports), Hungary (14.4%), and Italy (7.7%). Collectively, these three countries accounted for 59.2% of total import value.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Croatia in value, 2017-2020