ASEAN: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in ASEAN

In 2022, the ASEAN drawing ink pen market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in ASEAN

In value terms, drawing ink pen production stood at $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decrease. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports in ASEAN

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports fell sharply to $X in 2022. Overall, exports saw strong growth. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Thailand represented the largest exporter of indian ink drawing pens, fountain pens and stylograph pens in ASEAN, with the volume of exports amounting to X units, which was near X% of total exports in 2022. It was distantly followed by Singapore (X units), generating a X% share of total exports. Malaysia (X units) and Indonesia (X units) held a little share of total exports.

Exports from Thailand increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest drawing ink pen supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Singapore stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, falling by X% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Drawing Ink Pen Imports

Imports in ASEAN

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported in ASEAN; picking up by X% against 2021. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, drawing ink pen imports expanded remarkably to $X in 2022. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam represented the main importing country with an import of around X units, which finished at X% of total imports. Thailand (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%) and Indonesia (X%). Singapore (X units), Myanmar (X units) and Malaysia (X units) held a minor share of total imports.

Imports into Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), the Philippines (X%), Myanmar (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, the Philippines and Indonesia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X), Singapore ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform