Color printing ink (excluding black) market in Finland

Earlier Report Observations

The market volume for color printing ink in Finland contracted from 9 195 tons in 2018 to 4 755 tons in 2024. The most pronounced drop occurred in 2019, when volume fell by over a third to 5 833 tons, followed by a recovery to 7 450 tons in 2020. From 2021 onward, the market saw a steady decline, losing roughly 2 600 tons by the end of the period.

Domestic production nearly halved from 6 201 tons to 2 228 tons, while imports exhibited high volatility. After a collapse to just 21 tons in 2019, imports rebounded to above 4 000 tons annually but could not offset the shrinking production base. Exports also decreased from 2 822 tons to 1 116 tons, softening the net impact on market size.

In value terms, the market reached its peak at 35.2 million USD in 2019 despite lower physical volume, pointing to higher unit prices or a shift toward more expensive products. After 2020, the market value generally trended downward, ending at 25 million USD in 2024. Color trend influences, such as Pantone's Peach Fuzz in 2024, played a role in shaping demand for specific ink shades within the broader declining market.

Production color printing ink in Finland

In value, 2017-2020, K $ US

Finland's production of color printing ink (excluding black) declined for the third consecutive year. In 2020, output was valued at 25 731 thousand US dollars, down 1.3% from the previous year. Over the period from 2017 to 2020, production decreased by 4.5%, with a compound annual growth rate of -1.5%.

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

In kind, 2017-2020, t

Finland's production volume of color printing ink (excluding black) fell for the third year in a row. In 2020, 5 629 tonnes were produced, a decline of 3.3% compared to 2019. From 2017 to 2020, production dropped by 12%, with a compound annual growth rate of -4.2%.

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

Exports color printing ink from Finland

Exports in kind, t

Export volumes showed significant fluctuations during this period. They reached their lowest point in 2019 at 7 tonnes, then peaked in 2017, representing a 500-fold difference. In 2020, Finland exported 2 531 tonnes of color printing ink (excluding black), a dramatic increase of 34,069.5% from the previous year. The largest decline occurred in 2019, with a drop of 99.7%.

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

From 2017 to 2020, Sweden, Lithuania, and Latvia were the key partners for Finland's exports in kind. Sweden accounted for 24.1% of exports, Lithuania for 21.7%, and Latvia for 17.0%. Together, these three countries represented 62.8% of total export flows.

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

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

Exports in value, K $ US

Finland's exports of color printing ink (excluding black) in value terms declined for the third consecutive year. In 2020, exports reached 10 955 thousand US dollars, a decrease of 0.9% year-over-year. Over the period from 2017 to 2020, exports fell by 46.4%, with a compound annual growth rate of -18.8%.

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

Between 2017 and 2020, Sweden, Russia, and Lithuania led Finland's export structure in value terms. Sweden contributed 17.9% of exports, Russia 17.4%, and Lithuania 17.2%. Combined, these three countries accounted for 52.4% of total export flows.

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

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

Imports color printing ink to Finland

Imports in kind, t

Import volumes displayed an unstable trend throughout the timeframe. They hit their lowest point in 2019 at 21 tonnes, then peaked in 2017, showing a 358-fold difference. In 2020, Finland imported 4 352 tonnes of color printing ink (excluding black), a substantial rise of 20,968.7% from the previous year. The largest decline was recorded in 2019, with a decrease of 99.6%.

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

From 2017 to 2020, the Netherlands, Germany, and Sweden were the top suppliers of color printing ink (excluding black) to Finland in kind. The Netherlands held a 28.0% share of imports, Germany 24.3%, and Sweden 15.1%. Together, these three countries made up 67.5% of total imports.

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

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

Imports in value, K $ US

Finland's imports of color printing ink (excluding black) in value terms declined for the third year in a row. In 2020, imports amounted to approximately 18 382 thousand US dollars, down 9.1% from the previous year. Between 2017 and 2020, imports decreased by 46.1%, equating to an annualized rate of -18.6%.

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

Over the period from 2017 to 2020, Germany, the Netherlands, and the United Kingdom were the leading suppliers to Finland in value terms. Germany accounted for 25.0% of imports, the Netherlands for 16.4%, and the United Kingdom for 12.5%. Their combined share reached 53.9% of total imports.

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

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