Color printing ink (excluding black) market in Romania

Earlier Report Observations

From 2018 to 2024, the Romanian market for color printing ink (excluding black) in volume terms demonstrated a growth trajectory, increasing from 4 718 tons to 5 467 tons. The market expanded steadily through 2020, reaching 5 574 tons, then stabilized in 2021 before contracting to 5 136 tons in 2022. Recovery followed in 2023 and 2024, with volume climbing back to 5 467 tons.

In value terms, the market exhibited a different pattern, with the total value decreasing slightly from 29 426 thousand US dollars in 2018 to 28 860 thousand in 2019, despite volume growth. A sharp rise occurred in 2020 and 2021, pushing the market value to 36 206 thousand, followed by a drop in 2022 to 32 145 thousand. The subsequent years saw moderate recovery, reaching 35 144 thousand in 2024. The divergence between volume and value movements suggests shifts in average prices or product mix within the segment.

Production color printing ink in Romania

In value, 2017-2020, K $ US

Romania's production of color printing ink (excluding black) increased for the second consecutive year. In 2020, output was valued at 575.4 K $ US, marking a solid 16.3% rise compared to the previous year. Over the period from 2018 to 2020, production grew by 42.2%, with a compound annual growth rate (CAGR) of 12.5%.

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

In kind, 2017-2020, t

Color printing ink (excluding black) production in Romania rose for the second year in a row. In 2020, Romania produced 131.7 t, which is 16.2% higher than in 2019. From 2018 to 2020, production increased by 52.6%, with a compound annual growth rate (CAGR) of 15.1%.

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

Exports color printing ink from Romania

Exports in kind, t

Export volumes showed significant volatility during this period. They dropped to a minimum in 2017 and climbed to their maximum in 2019, representing a 2.8-fold shift. In 2020, Romania's exports of color printing ink (excluding black) reached 519 t, indicating a gradual decrease of 6.0% compared to 2019. The peak value was recorded in 2019 at 552 t, while the largest increase occurred in 2018, with a jump of 157.0%.

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

From 2017 to 2020, Hungary, Italy, and Bulgaria remained the top buyers of color printing ink (excluding black) from Romania. Hungary accounted for 55.7% of exports in kind, Italy for 19.4%, and Bulgaria for 12.1%, together making up 87.2% of total exports in kind.

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

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

Exports in value, K $ US

Export values displayed an unstable trend over the timeframe. The lowest exports were noted in 2017, with the highest in 2018, reflecting a 2.3-fold gap. In 2020, foreign supplies of color printing ink (excluding black) from Romania amounted to 3 005 K $ US, representing a 1.1% year-over-year advance. The maximum value was recorded in 2018 at 3 322 K $ US. The largest decline occurred in 2019, with a drop of 10.5%, while the largest increase was in 2018, with a surge of 132.2%.

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

From 2017 to 2020, Hungary, Bulgaria, and Moldova were the main destinations in the geographical breakdown of exports in value terms for color printing ink (excluding black) from Romania. Hungary accounted for 42.2% of exports in value terms, Bulgaria for 20.8%, and Moldova for 15.0%, with a combined share of 77.9% of total flows.

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

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

Imports color printing ink to Romania

Imports in kind, t

Imported volumes of color printing ink (excluding black) in Romania increased for the second consecutive year. In 2020, Romania imported 5 961 t, representing a moderate uptick of 8.2% compared to the previous year. Between 2017 and 2020, imports grew by 12.5%, equating to an annualized rate of 4.0%. The minimum value was recorded in 2018 at 5 143 t, with the largest decline also in 2018 at 2.9%.

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

From 2017 to 2020, Germany, Italy, and Greece were the main sources for color printing ink (excluding black) imports to Romania. Germany accounted for 33.9% of imports in kind, Italy for 16.0%, and Greece for 10.3%, together making up 60.1% of total imports in kind.

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

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

Imports in value, K $ US

In 2020, Romania imported color printing ink (excluding black) valued at 13.5% higher year-over-year. Over the period from 2017 to 2020, imports increased by 23.8%, with a compound annual growth rate (CAGR) of 7.4%. The largest decline was recorded in 2019, with a drop of 3.1%.

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

From 2017 to 2020, color printing ink (excluding black) imports to Romania came from a broad set of markets. Germany accounted for 24.8% of imports in value terms, Italy for 12.2%, and France for 10.7%, together making up only 47.6% of total imports in value terms. Many smaller destinations contributed the remaining 52.4%.

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

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