Asia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Asia

The Asian drawing ink pen market contracted to $X in 2022, waning by X% against the previous year. In general, consumption showed a pronounced downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Drawing Ink Pen Production in Asia

In value terms, drawing ink pen production declined slightly to $X in 2022 estimated in export price. In general, production saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports in Asia

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported in Asia; increasing by X% against 2021. Over the period under review, exports, however, recorded a pronounced descent. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports expanded sharply to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

China dominates exports structure, resulting at X units, which was approx. X% of total exports in 2022. India (X units) held the second position in the ranking, followed by Japan (X units). All these countries together took near X% share of total exports. Thailand (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen exports from China stood at X%. At the same time, Thailand (X%), India (X%) and Japan (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India and Japan increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Thailand lagged somewhat behind, accounting for a further X%.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia amounted to $X per unit, falling by X% against the previous year. Export price indicated a noticeable increase 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. Based on 2022 figures, drawing ink pen export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then shrank in the following year.

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

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

Drawing Ink Pen Imports

Imports in Asia

In 2022, the amount of indian ink drawing pens, fountain pens and stylograph pens imported in Asia surged to X units, with an increase of X% on 2021 figures. Over the period under review, imports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, drawing ink pen imports shrank modestly to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value 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. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam (X units) and Turkey (X units) represented roughly X% of total imports in 2022. China (X units) ranks next in terms of the total imports with an X% share, followed by Thailand (X%), the Philippines (X%) and Indonesia (X%). South Korea (X units), Pakistan (X units), India (X units), the United Arab Emirates (X units), Hong Kong SAR (X units) and Taiwan (Chinese) (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported indian ink drawing pens, fountain pens and stylograph pens in Asia, comprising X% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual growth rate of value in China amounted to X%. In the other countries, the average annual rates were as follows: Hong Kong SAR (X% per year) and Turkey (X% per year).

Import Prices by Country

The import price in Asia stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, recorded a mild increase. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :