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Germany - Indian Ink Drawing Pens, Fountain Pens And Stylograph Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDecline in German Export of Drawing Ink Pens to $13M in September 2023
Germany Drawing Ink Pen Exports
In September 2023, after three months of decline, there was growth in shipments abroad of indian ink drawing pens, fountain pens and stylograph pens, when their volume increased by 2.1% to 492K units. Over the period under review, exports, however, showed a slight slump. The most prominent rate of growth was recorded in May 2023 when exports increased by 44% against the previous month. Over the period under review, the exports attained the peak figure at 667K units in March 2023; however, from April 2023 to September 2023, the exports failed to regain momentum.
In value terms, drawing ink pen exports fell to $13M (IndexBox estimates) in September 2023. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 with an increase of 43% month-to-month. Over the period under review, the exports attained the maximum at 15M units in July 2023; however, from August 2023 to September 2023, the exports failed to regain momentum.
COUNTRY | Export Value of Drawing Ink Pen in Germany (thousand USD) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | |
China | 2,303 | 2,715 | 1,530 | 939 | 644 | 1,913 | 2,788 | 2,171 | 1,888 | 2,119 | 2,144 | 2,122 | 2,335 |
United States | 1,091 | 1,812 | 1,285 | 907 | 884 | 1,147 | 1,024 | 690 | 988 | 1,499 | 1,537 | 1,546 | 1,339 |
Hong Kong | 937 | 1,180 | 635 | 816 | 649 | 510 | 1,305 | 1,215 | 973 | 683 | 1,108 | 1,311 | 1,164 |
United Kingdom | 743 | 458 | 517 | 318 | 436 | 266 | 290 | 862 | 572 | 710 | 851 | 389 | 640 |
Poland | 541 | 671 | 728 | 509 | 270 | 552 | 1,052 | 367 | 868 | 766 | 591 | 557 | 508 |
Austria | 456 | 457 | 577 | 332 | 327 | 234 | 745 | 448 | 891 | 431 | 568 | 418 | 366 |
Netherlands | 193 | 277 | 347 | 183 | 196 | 178 | 527 | 104 | 407 | 392 | 273 | 218 | 194 |
Others | 6,135 | 7,318 | 7,159 | 6,425 | 5,324 | 5,461 | 6,945 | 5,622 | 7,561 | 7,948 | 8,307 | 6,823 | 6,462 |
Total | 12,399 | 14,888 | 12,777 | 10,429 | 8,729 | 10,261 | 14,677 | 11,479 | 14,148 | 14,548 | 15,380 | 13,385 | 13,009 |
Exports by Country
China (148K units) was the main destination for drawing ink pen exports from Germany, accounting for a 30% share of total exports. Moreover, drawing ink pen exports to China exceeded the volume sent to the second major destination, Poland (31K units), fivefold. Austria (30K units) ranked third in terms of total exports with a 6.2% share.
From September 2022 to September 2023, the average monthly growth rate of volume to China amounted to +1.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Poland (-1.7% per month) and Austria (-2.6% per month).
In value terms, the largest markets for drawing ink pen exported from Germany were China ($2.3M), the United States ($1.3M) and Hong Kong ($1.2M), with a combined 37% share of total exports.
Hong Kong, with a CAGR of +1.8%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In September 2023, the drawing ink pen price stood at $26.4 per unit (FOB, Germany), shrinking by -4.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 26% m-o-m. The export price peaked at $27.8 per unit in August 2023, and then reduced slightly in the following month.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was the United States ($106 per unit), while the average price for exports to Romania ($8.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the drawing ink pen market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991300 - Indian ink drawing pens, fountain pens, stylograph pens and other pens
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024