Printing inks market in Denmark

Earlier Report Observations

The Danish printing inks market saw a consistent reduction in physical volume from 7 935 t in 2018 to 4 202 t in 2024. In value terms, measured in U.S. dollars, the market displayed more variability, rising from 33.6 million USD in 2018 to a high of 39.2 million USD in 2022 before declining to 30.9 million USD by 2024.

The peak in market value during 2022 was primarily driven by notable producer-level price increases, which raised raw material and manufacturing costs for printing inks. This inflationary pressure boosted the market's monetary value even as physical consumption continued to shrink. Additionally, marginally higher threshold values for public tenders and expanded municipal eco-labeling policies that encouraged sustainable product choices may have influenced demand composition within certain market segments.

After 2022, the market contraction resumed, with both volume and value falling through 2024, indicating a sustained downturn in overall consumption of printing inks in Denmark.

Production printing inks in Denmark

In value, 2018-2021, K $ US

In Denmark, the production value of printing inks reached $28,060 thousand in 2020, marking the highest point in recent years. However, this declined to $26,240 thousand in 2021, representing a 6.5% decrease from the previous year. The lowest value was recorded in 2019 at $24,879 thousand. The most significant annual increase occurred in 2020 at 12.8%, while the largest decline was seen in 2019 with a 6.7% drop.

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

In kind, 2018-2021, t

Denmark's production of printing inks in physical terms stood at 1,692 tonnes in 2021, showing a substantial 15.9% decrease compared to 2020. The most significant decline was recorded in 2019 at 24.9%, while 2020 saw a modest increase of 4.3%. Over the period from 2018 to 2021, production fell by 34.1%, translating to an average annual decline of 13.0%.

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

Exports printing inks from Denmark

Exports in kind, t

Denmark's exports of printing inks in physical terms have declined for three consecutive years. In 2021, exports amounted to 1,293 tonnes, reflecting a solid 13.7% drop from 2020. Between 2018 and 2021, exports decreased by 49.4%, which corresponds to an average annual decline of 20.3%.

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

From 2018 to 2021, Denmark's exports of printing inks in physical terms were distributed across multiple countries without a single dominant partner. Belgium accounted for 19.0% of exports, the United States for 8.0%, and Cyprus for 7.8%. Together, these three countries represented 34.8% of total export flows.

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 exports of printing inks in value terms reached $30,357 thousand in 2021, down 16.3% year-over-year. The largest annual increase was recorded in 2020 at 1.1%. Over the period from 2018 to 2021, exports decreased by 28.4%, equating to an average annual decline of 10.5%.

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

Between 2018 and 2021, Denmark's exports of printing inks in value terms were spread across a broad range of buyers. Sweden was the largest market with 16.5% of exports, followed by Poland at 9.5% and Ireland at 9.3%. Together, these three countries contributed 35.4% of total export value, with many other nations holding smaller but notable shares.

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

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

Imports printing inks to Denmark

Imports in kind, t

Denmark's imports of printing inks in physical terms have declined for three consecutive years. In 2021, imports totaled approximately 6,555 tonnes, which is 5.6% lower than in 2020. Over the period from 2018 to 2021, imports decreased by 17.3%, corresponding to an average annual decline of 6.1%.

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

From 2018 to 2021, Germany, Sweden, and Finland were the main sources of Denmark's imports of printing inks in physical terms. Germany accounted for 61.5% of imports, Sweden for 15.9%, and Finland for 7.4%. Together, these three countries represented 84.8% of total import flows.

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 imports of printing inks in value terms have declined for three consecutive years. In 2021, imports amounted to $38,200 thousand, showing a 10.8% decrease compared to the previous year. Over the period from 2018 to 2021, imports fell by 22.6%, translating to an average annual decline of 8.2%.

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

Between 2018 and 2021, Germany, Sweden, and the Netherlands formed the core of Denmark's imports of printing inks in value terms. Germany accounted for 35.5% of imports, Sweden for 18.9%, and the Netherlands for 17.2%. Together, these three countries represented 71.5% 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