China's ink import and export market analysis

With the sustained and stable development of China's national economy and the rapid progress of China's printing industry, China's ink and related industries have entered a new period of development opportunities. At present, China has more than 300 professional ink production companies and more than 20,000 employees. The annual production capacity of ink in China ranks fourth in the world after the top three countries in the world: the United States, Japan, and Germany. This article will analyze China's 2005 ink import and export market.

Customs data show that in 2005 China's total imports of printing ink was 47,000 tons, an increase of 2.6% year-on-year, accounting for 14.7% of China's total printing ink consumption that year, and the average unit price of imports was US$7923/ton. In the same year, China’s total export volume of printing inks was 24,000 tons, an increase of 52.6% year-on-year, accounting for 8.0% of total printing ink production in China at that time, and the average export unit price was 4,351 USD/ton. In view of the rapid and steady development of China’s national economy in 2005, the printing and printing industry is prosperous and the demand for printing inks in the domestic market has increased significantly. Although China’s total ink production in 2005 increased by 10 percentage points year-on-year, the market There is still a large gap between supply and demand, especially high-end products and special inks, which are even more in short supply.

Import market

In 2005, the international market for printing ink imports in China reached nearly 50 countries and regions in six continents in Asia, Europe, North America, South America, Oceania, and Africa, but the main import markets were in Asia and Europe. In 2005, China imported 39,000 tons of printing ink and 0.5 million tons of printing ink from Asia and Europe, which together accounted for 94.0% of China's total printing ink imports. In addition, the total amount of printing inks imported from North America, Oceania, South America, and Africa accounted for 6.0% of the total imports of printing ink in China. The average unit price of China's printing ink imports from low to high in all continents is: US$3021/ton in South America, US$3552/ton in Oceania, US$7633/ton in Asia, US$8466/ton in Europe, US$10052/ton in Africa and US$14609 in North America /Ton. In 2005, the top five countries and regions in China's import of printing inks were Japan's 118.8 million tons, accounting for 25.2% of China's total ink imports, Taiwan's 11.88 million tons, accounting for 25.0%, Hong Kong's 0.532 million tons, accounting for 11.3%, South Korea 0.391 million tons, accounting for 8.3%. In 2005, the total amount of printing ink imported by China from these five countries and regions accounted for 76.8% of China's total printing ink imports in the year, and accounted for 11.2% of China's total ink consumption that year. For the top five, the average import unit price is the highest in Japan at 10,786 USD/ton, and the lowest is 5,408 USD/ton in Korea. In the same year, China imported a total of 16200 tons of ink from Japan, the United States, Germany, Britain, France, and other five countries, accounting for 34.2% of China's total printing ink imports, and the average import unit price was 11,372 US dollars per ton.

Export market

In 2005, the international market for printing inks in China was exported to more than 100 countries and regions in six continents, including Asia, Africa, Europe, North America, South America, and Oceania, but mainly in Asia and Africa. In 2005, the amount of China's exports to Asia and Africa was 21,100 tons and 0.14 million tons respectively, which together accounted for 94.4% of China's total ink exports and accounted for 7.6% of China's total ink production in the same year. In addition, the total exports to Europe, North America, South America, and Oceania accounted for 5.6% of total ink exports in the country. The average export price is the highest in North America at US$7582/ton, and the lowest is US$2,427/ton in Africa. In 2005, the top five countries and regions in China's export of ink were: Hong Kong SAR was 10,500 tons, accounting for 43.9% of China's total ink exports, Japan 0.31 million tons, accounting for 13.2%, and Pakistan, 0.15 million tons, accounting for 6.4%. , Vietnam was 0.14 million tons, accounting for 5.8%, and Taiwan Province was 0.07 million tons, accounting for 2.8%. For the top five individuals, the average export unit price is the highest in Hong Kong SAR of US$5,534/ton, and the lowest is US$2,110/ton in Vietnam. In 2005, the total volume of China's printing inks exported to Japan, the US, Germany, Britain, France and other five countries totaled 0.36 million tons, accounting for 15.0% of China's total printing ink exports in the year, and the average export unit price was 4,064 USD/ton.

In 2005, the types of imported and exported printing inks in China are classified into black printing inks and other printing inks in accordance with the national customs import and export tariff product numbers, which are described below.

â—† Black printing ink

In 2005, China imported 0.53 million tons of black printing ink, accounting for 11.2% of China's total printing ink imports that year, and accounted for 1.7% of China's total printing ink consumption that year, with an average import unit price of 9900 US dollars/ton. Its international market is spread over about 40 countries and regions in six continents of the world today in Asia, Europe, North America, Oceania, South America and Africa, but the main import markets are located in Asia, followed by Europe, North America and Oceania. In 2005, China imported 39,900 tons from Asia, and the average import price was 8,595 USD per ton. Total imports of 0.13 million tons from Europe, North America and Oceania. The average unit price of imports, the highest in North America 21277 US dollars / ton, the lowest in South America 6100 US dollars / ton.

In 2005, China exported 0.31 million tons of black printing ink, which accounted for 12.8% of China's total ink exports that year, and accounted for 1.0% of China's total ink production in that year; the average export unit price was 3,269 USD/ton. Its international market is spread over more than 90 countries and regions in six continents in Asia, Europe, Africa, South America, North America and Oceania, but mainly in Asia, Europe and Africa. In 2005, the volume of black printing inks exported to Asia, Europe and Africa in China accounted for 95.5% of the total black printing ink exports in the country. The total exports to South America, North America and Oceania accounted for 4.5%. The highest average export price is 14962 US dollars / ton in Oceania, the lowest is 2201 US dollars / ton in Africa. In 2005, China’s export of black printing inks was ranked by the top five countries and regions as follows: Hong Kong SAR’s 1,428 tons, accounting for 46.9% of China's total black printing ink exports, Vietnam’s 166 tons, accounting for 5.5%, Myanmar’s 131 tons, accounting for 4.3%, the Netherlands 82 tons, accounting for 2.7%, and Japan 78 tons, accounting for 2.6%. The average export unit price is the highest in Japan 45,510,000 US dollars / ton, the lowest in Myanmar is 0.0981 million US dollars / ton.

â—† Other printing ink

In 2005, China imported 42,000 tons of other printing inks, accounting for 88.8% of China's total ink imports that year, and accounted for 13.1% of China's total ink consumption that year; the average import unit price was US$7674/ton. Its international markets cover more than 40 countries and regions in six continents of the world today, including Asia, Europe, North America, Oceania, South America and Africa, but the main import markets are located in Asia, Europe, North America and Oceania. In 2005, China's imports of other printing inks from these four continents accounted for 99.7% of the total imports of other printing inks of the year, with an average import unit price of US$7,689/ton. The import volume was 35,300 tons in Asia, accounting for 84.1% of the total imports of other printing inks of the year in China, 0.43 million tons in Europe, accounting for 10.4%, 0.14 million tons in North America, accounting for 3.4%, and 0.08 million tons in Oceania, accounting for 1.9 %. In addition, some other printing inks were imported from South America and Africa, which together accounted for 0.2% of the total imports of other printing inks in the country. The average import unit price is up to US$12,218/ton in North America and the lowest is US$2,173/ton in South America. In 2005, the top five countries and regions for importing other printing inks in China were 11,500 tons in Taiwan Province, accounting for 27.4% of China's total imports of other printing inks in the same year, Japan's 0.99 million tons, accounting for 23.5%, and HK$0.5 million. Ton, accounting for 11.9%, South Korea 0.34 million tons, accounting for 8.0%, and the People’s Republic of China 0.29 million tons, accounting for 6.9%. For the top five individuals, the average import unit price is the highest in Japan at 10,418 US$/ton, and the lowest is HK$32,14/ton in the Hong Kong SAR.

In 2005, China exported 21,000 tons of other printing inks, accounting for 87.2% of China's total ink exports that year, and accounted for 7.0% of China's total ink production that year; the average export unit price was US$4,510 per ton. Its international market covers Asia, Africa, Europe, North America, South America and Oceania. Today it has more than 120 countries and regions in six continents, but it is mainly Asia. The volume of exports to Asia was 18,600 tons, accounting for 89.4% of the total exports of other printing inks of the year in China. The volume of exports to Africa, Europe, North America, South America, and Oceania accounted for 10.6 of the total exports of other printing inks of the year. %. The average export unit price is the highest in North America at $7842/ton, and the lowest is $2453/ton in Africa. In 2005, China's export of other printing inks, the top five countries and regions followed, Hong Kong SAR, 0.9 million tons, accounting for 43.5% of China's total other printing ink exports of the year, Japan 0.31 million tons, accounting for 14.8%, Pakistan, 0.15 million t, 7.0%, Vietnam 0.12 million tons, accounting for 5.9%, and Taiwan Province, 0.06 million tons, accounting for 3.0%. The top five exporters' average unit prices range from low to high, followed by Vietnam at US$2130/ton, Pakistan at US$2448/ton, Japan at US$3564/ton, Taiwan Province at US$3756/ton, and Hong Kong SAR at US$5888/ton.

In summary, China's total ink imports in 2005 was 47,000 tons, an increase of 2.6% over the same period of last year. The average import unit price was 7,293 US$/ton; the total export volume was 24,000 tons, an increase of 52.6% year-on-year, and the average export price was 4,351 US$/ton. . The types of imported ink in China are mainly high-end and special-purpose products with low domestic output, insufficient supply in the market, or domestic blank. In 2005, the international markets for ink imports in China were mainly in Asia and Europe. The amount of ink imported from these two continents accounted for 94.0% of China’s total ink imports. The international market for exports was mainly distributed in Asia, accounting for 88.6%, followed by Africa. 5.8%. The quality level of domestic ink has not only been recognized by developing countries in the world, but has also been recognized by developed countries. In 2005, the total volume of China's printing inks exported to Japan, the United States, Germany, Britain, France, and other developed countries totaled 0.36 million tons, accounting for 15.0% of China's total printing ink exports that year. Although the quality level and product quality of domestic inks have greatly improved, the varieties have also increased, but there is still a big gap compared with the international advanced level, this point from China and Japan, the United States, Germany, Britain, France and other countries ink In trade, the average export unit price in China is about 1/3 of the average import unit price. In the future, in addition to increasing output, domestic inks should also focus on improving the technological content of products, increasing the variety, improving the quality, and improving the quality, so that it can be adapted to the needs of today's multi-color, high-speed, fast-drying, pollution-free and low-consumption modern printing.



Source: Paints and Inks - China Version