14 February 2022
Cost crisis and supply shortages to UK printing industry constrain growth in Q4
Recovery expected to continue in Q1 but confidence is fragile.
The UK printing and printed packaging industry has continued its recovery in Q4 - a majority of companies increased their output and order performance, and many expect to see further improvements in Q1. The Q4 improvement came despite the introduction (in December) of the Government's ‘Plan B' measures, in an attempt to dampen the spread of the Omicron Covid variant. Threats to future recovery and growth remain prominent, especially from increased Covid disruption and the spiralling costs of supplies, labour and energy.
The latest Printing Outlook survey reveals that 63% of printers managed to increase their output levels in the fourth quarter of 2021. A further 19% were able to hold output steady, however the remaining 18% did suffer a decline in output. The resulting balance (the difference between the ups and the downs) was +45, not quite as good as the +51 in Q3, but above the Q4 forecast (+38). Whilst the imposition of ‘Plan B' came quite late in the quarter it did still have a considerable limiting effect for those companies that work with clients in the events and hospitality sectors
DownloadsIntergraf Economic News (Paper Prices) - April 2024
19 April 2024
Access the latest edition of the Economic Newsletter for the European Printing Industry for data on paper consumption, and pricing data for pulp, paper and recovered paper.
Two Sides Global Campaign Reports Increasing Greenwashing As Organisations Focus On Sustainability
25 April 2024
Two Sides has challenged over 2,650 organisations found to be communicating greenwashing messages to their customers. Over 1,180 organisations have, so far, removed misleading anti-paper statements.
The BPIF is the printing industries champion. By becoming a member you join a diverse and influential community. We help you solve business problems, connect you to new customers and suppliers and make your voice heard in government.
Call 01676 526030