China's ink market trends

In 2002, China's imported ink market was mainly concentrated in Asia, accounting for 75.15% followed by Europe, accounting for 17.37%; North America can not be ignored: In 2002, imports of ink from North America amounted to 0.143 million tons, accounting for 4.35% of China's total ink imports that year Among them, 0.124 million tons were imported from the United States, accounting for 3.91%. In 2002, the international market for China's export ink was mainly in Asia, accounting for 85.78%, followed by Africa, accounting for 5.31%, and North America accounted for 3.78%.

The quality level of domestic ink has been recognized internationally, and it has also promoted the development of the ink industry. In 2002, China exported 1311 tons of printing ink to developed countries such as Japan, the United States, and the United Kingdom, which accounted for 14.96% of China's total printing ink exports in the year, and accounted for 13.75% of China's total ink exports that year and earned foreign exchange of 11.09 million US dollars. At that time, China's printing ink exports accounted for 27.31% of total foreign exchange, which accounted for 23.77% of China's total ink export earnings in the same year.

Although the current quality and product quality of domestic inks have greatly improved and the variety has also increased, there is still a big gap compared with the international advanced level. For example, the average unit price of other printing inks exported to Japan in 2002 was 5,525.92 U.S. dollars per ton, while the average unit price of other printing ink products imported from Japan actually reached 8569.01 U.S. dollars per ton, and the average unit price was 1.55 times that of exports. That is, the import was higher than the export of 3043.09 US dollars / ton. This shows that China's ink product quality yet to be further improved.

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