Argentina: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Argentina

The Argentinian drawing ink pen market dropped to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a abrupt contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Drawing Ink Pen Exports

Exports from Argentina

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic setback. The growth pace was the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, drawing ink pen exports soared to $X in 2022. In general, exports, however, saw a sharp decline. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Paraguay (X units) was the main destination for drawing ink pen exports from Argentina, accounting for a X% share of total exports. Moreover, drawing ink pen exports to Paraguay exceeded the volume sent to the second major destination, South Korea (X units), twofold. Guatemala (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Paraguay totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Guatemala (X% per year).

In value terms, Paraguay ($X) emerged as the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Argentina, comprising X% of total exports. The second position in the ranking was held by South Korea ($X), with a X% share of total exports. It was followed by Uruguay, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Uruguay (X% per year).

Export Prices by Country

The average drawing ink pen export price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price posted a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($X per unit), while the average price for exports to South Africa ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Argentina

In 2022, overseas purchases of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, drawing ink pen imports fell dramatically to $X in 2022. In general, imports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of drawing ink pen to Argentina, accounting for a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (X% per year).

In value terms, Germany ($X), China ($X) and France ($X) were the largest drawing ink pen suppliers to Argentina, with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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