Market Analysis of Printing Ink in China

In recent years, China's ink industry has developed rapidly. In particular, after experiencing severe SARS tests at the turn of the spring and summer of 2003, China's ink industry is also a fast-growing year, which further demonstrates the strong momentum of integration into the global economy after China's accession to the WTO. China's ink not only continues to increase its self-sufficiency, but also exports some products every year in international trade.

I. Sustained and stable growth

According to statistics, in recent years, China's ink industry has continued to grow at a high speed and steadily, output has been continuously expanded, product varieties have been continuously increased, quality has been continuously improved, and grades have been continuously improved. In recent years, China’s total ink production volume has maintained its position as the world’s fourth-ranked leader and has consistently ranked among the top three countries in the world in Germany, Japan and the United States.

Second, the expansion of large-scale ink companies

In recent years, the total output of China's ink industry has continued to grow steadily year after year. This is mainly due to the fact that some of China's large-scale ink manufacturing companies continue to expand their projects through the introduction of advanced technologies and high-efficiency equipment, continue to integrate their industrial structures, and constantly absorb advanced foreign management experience and continue to increase. The intensity of technological transformation and the intensity of scientific research and development have led to a variety of business practices. This has increased the production capacity, expanded the output, improved the quality, increased the variety, improved the grade, increased the technical content of the product, and enhanced the product's market competitiveness. In addition, some small and medium-sized manufacturing enterprises in China are gradually expanding their market scope with their diversified products, flexible market strategies and price advantages.

Third, active international trade

China's ink industry is also active in international trade. In international trade, China's ink product market presents six major characteristics:

1. The export market is mainly distributed in Asia, Africa and North America, of which Asia's exports account for more than 85% of China's total ink exports, while exports to Africa and North America total 12%, and Europe and Oceania also There is a small part.

2. Imports mainly come from Asia. Imports from Asia generally account for about 3/4 of China’s total ink imports in the year, followed by Europe and North America, and the total import volume accounts for about 1/4.
3, China's imports of ink varieties, mainly domestic production is low, the market is in short supply or domestic blank is still high-end and special ink. The average unit price of imports is generally about 1/3 higher than the average unit price of exports during the same period.
4. The import volume far exceeds the export volume, and this gap continues to widen. Although in recent years, China’s ink industry has further demonstrated strong growth momentum in the face of the new situation of China’s accession to the WTO and integration into the global economy, there is still a large gap between the supply and demand of domestic inks, especially high-grade. The larger ink gap has resulted in an increase in the proportion of imports and exports of ink in China in the past three years. In 2001, 2002, and 2003, the import volume was 2.55, 2.95, and 3.65 times of the export volume, respectively.
5. The quality level of domestic inks has not only won universal recognition from developing countries in the international market, but has also been recognized by developed countries. In recent years, China's exports to Japan, the United States and the United Kingdom and some developed countries in Europe and the United States, the average annual export volume of printing ink accounts for about one-sixth of China's total ink exports over the same period.
6. Although the quality level and product grade of domestic inks have greatly improved and the varieties have also increased, there is still a certain gap compared to the international advanced level. This is reflected in the export to some advanced countries and from these countries during the same period in China. For imported products of the same type, the average import unit price is generally about 1/3 higher than the average export unit price.


Fourth, the color standard franchise

With the development of China's ink industry, the color standard of domestic ink is gradually approaching the universally recognized US PANTONE standard.

V. Ink consumption measurement

The consumption of ink in China was 22.00, 24.21 and 274,600 tons in 2001, 2002 and 2003 respectively, and the year-on-year growth of ink consumption in 2002 and 2003 was 10.05% and 13.42% respectively. The average ink consumption of paper and board in China was 5.97, 5.59 and 5.71 kg/ton in 2001, 2002 and 2003 respectively, and the average of three years was 5.76 kg/ton. According to the "Tenth Five-Year Plan" of the paper industry, by the end of 2005, China's paper and board production will reach 39.2 million tons, and the per capita annual consumption level will increase to 34-38 kg. Calculated at a per capita consumption level of 38 kg for 1.3 billion people, by the end of the “10th Five-Year Plan”, the total consumption of paper and paperboard in China will reach 49.4 million tons. By then, about 284,500 tons of ink consumption will be matched.

From the perspective of the development of printing companies, by the end of 2005, the total number of printing companies in China will reach around 106,000, with a growth rate of 17.75%. According to calculations, by the end of 2005, China's ink consumption level will reach 289,200 tons/year. By the end of 2005, the demand for printing inks will reach 318,500 tons/year of consumption. The arithmetic mean value of the three different perspectives is 297,400 tons/year, which is close to 300,000 tons/year. It can be speculated that the consumption level of ink in China at the end of 2005 should be more than 300,000 tons/year.

Market Analysis of Printing Ink in China

In recent years, China's ink industry has developed rapidly. In particular, after experiencing severe SARS tests at the turn of the spring and summer of 2003, China's ink industry is also a fast-growing year, which further demonstrates the strong momentum of integration into the global economy after China's accession to the WTO. China's ink not only continues to increase its self-sufficiency, but also exports some products every year in international trade.

I. Sustained and stable growth

According to statistics, in recent years, China's ink industry has continued to grow at a high speed and steadily, output has been continuously expanded, product varieties have been continuously increased, quality has been continuously improved, and grades have been continuously improved. In recent years, China’s total ink production volume has maintained its position as the world’s fourth-ranked leader and has consistently ranked among the top three countries in the world in Germany, Japan and the United States.

Second, the expansion of large-scale ink companies

In recent years, the total output of China's ink industry has continued to grow steadily year after year. This is mainly due to the fact that some of China's large-scale ink manufacturing companies continue to expand their projects through the introduction of advanced technologies and high-efficiency equipment, continue to integrate their industrial structures, and constantly absorb advanced foreign management experience and continue to increase. The intensity of technological transformation and the intensity of scientific research and development have led to a variety of business practices. This has increased the production capacity, expanded the output, improved the quality, increased the variety, improved the grade, increased the technical content of the product, and enhanced the product's market competitiveness. In addition, some small and medium-sized manufacturing enterprises in China are gradually expanding their market scope with their diversified products, flexible market strategies and price advantages.

Third, active international trade

China's ink industry is also active in international trade. In international trade, China's ink product market presents six major characteristics:

1. The export market is mainly distributed in Asia, Africa and North America, of which Asia's exports account for more than 85% of China's total ink exports, while exports to Africa and North America total 12%, and Europe and Oceania also There is a small part.

2. Imports mainly come from Asia. Imports from Asia generally account for about 3/4 of China’s total ink imports in the year, followed by Europe and North America, and the total import volume accounts for about 1/4.
3, China's imports of ink varieties, mainly domestic production is low, the market is in short supply or domestic blank is still high-end and special ink. The average unit price of imports is generally about 1/3 higher than the average unit price of exports during the same period.
4. The import volume far exceeds the export volume, and this gap continues to widen. Although in recent years, China’s ink industry has further demonstrated strong growth momentum in the face of the new situation of China’s accession to the WTO and integration into the global economy, there is still a large gap between the supply and demand of domestic inks, especially high-grade. The larger ink gap has resulted in an increase in the proportion of imports and exports of ink in China in the past three years. In 2001, 2002, and 2003, the import volume was 2.55, 2.95, and 3.65 times of the export volume, respectively.
5. The quality level of domestic inks has not only won universal recognition from developing countries in the international market, but has also been recognized by developed countries. In recent years, China's exports to Japan, the United States and the United Kingdom and some developed countries in Europe and the United States, the average annual export volume of printing ink accounts for about one-sixth of China's total ink exports over the same period.
6. Although the quality level and product grade of domestic inks have greatly improved and the varieties have also increased, there is still a certain gap compared to the international advanced level. This is reflected in the export to some advanced countries and from these countries during the same period in China. For imported products of the same type, the average import unit price is generally about 1/3 higher than the average export unit price.


Fourth, the color standard franchise

With the development of China's ink industry, the color standard of domestic ink is gradually approaching the universally recognized US PANTONE standard.

V. Ink consumption measurement

The consumption of ink in China was 22.00, 24.21 and 274,600 tons in 2001, 2002 and 2003 respectively, and the year-on-year growth of ink consumption in 2002 and 2003 was 10.05% and 13.42% respectively. The average ink consumption of paper and board in China was 5.97, 5.59 and 5.71 kg/ton in 2001, 2002 and 2003 respectively, and the average of three years was 5.76 kg/ton. According to the "Tenth Five-Year Plan" of the paper industry, by the end of 2005, China's paper and board production will reach 39.2 million tons, and the per capita annual consumption level will increase to 34-38 kg. Calculated at a per capita consumption level of 38 kg for 1.3 billion people, by the end of the “10th Five-Year Plan”, the total consumption of paper and paperboard in China will reach 49.4 million tons. By then, about 284,500 tons of ink consumption will be matched.

From the perspective of the development of printing companies, by the end of 2005, the total number of printing companies in China will reach around 106,000, with a growth rate of 17.75%. According to calculations, by the end of 2005, China's ink consumption level will reach 289,200 tons/year. By the end of 2005, the demand for printing inks will reach 318,500 tons/year of consumption. The arithmetic mean value of the three different perspectives is 297,400 tons/year, which is close to 300,000 tons/year. It can be speculated that the consumption level of ink in China at the end of 2005 should be more than 300,000 tons/year.

Sixth, the future is promising

China's ink has not only continued to grow steadily in recent years, but also looks to the future. At present, per capita consumption of printed matter in China is still less than 1/20 of that of developed countries. The per capita consumption of paper and paperboard has risen around 50 to 60 in the world in recent years, and the gap between per capita ink consumption and the world advanced level is even greater. This gap shows that China's market has enormous potential for development. This potential will gradually erupt with the sustained and stable development of China's national economy and form a huge driving force for the development of the market. At present, China's printing ink production, in addition to increasing production, should focus on avoiding low-level duplicated construction, increase industrial restructuring efforts, increase product research and development efforts, increase production concentration, improve product technology content, increase variety, Improve the grade, improve the quality and improve the stability of the quality and the uniformity of the product to make it suitable