Asia-Pacific: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Asia-Pacific

The Asia-Pacific drawing ink pen market declined modestly to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2019 when the market value increased by X%. 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 Asia-Pacific

In value terms, drawing ink pen production reduced modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a pronounced downturn. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports in Asia-Pacific

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported in Asia-Pacific; growing by X% compared with 2021. In general, exports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, drawing ink pen exports expanded modestly 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 in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China dominates exports structure, reaching X units, which was near X% of total exports in 2022. India (X units) took the second position in the ranking, followed by Japan (X units). All these countries together took approx. X% share of total exports. Thailand (X units) followed a long way behind the leaders.

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-Pacific, 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, the largest drawing ink pen supplying countries in Asia-Pacific were China ($X), Japan ($X) and India ($X), with a combined X% share of total exports. Thailand lagged somewhat behind, accounting for a further X%.

In terms of the main exporting countries, Thailand, with a CAGR of X%, saw the highest growth rate of the value of exports, 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-Pacific amounted to $X per unit, which is down by X% against the previous year. Export price indicated pronounced growth 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%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then dropped 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-Pacific

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported in Asia-Pacific; increasing by X% on the year before. In general, imports enjoyed a notable expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. 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 dropped to $X in 2022. Total imports indicated perceptible 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 most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Vietnam represented the main importing country with an import of about X units, which recorded X% of total imports. China (X units) ranks second in terms of the total imports with a X% share, followed by Thailand (X%), the Philippines (X%), Indonesia (X%), South Korea (X%), Pakistan (X%) and India (X%).

Imports into Vietnam increased at an average annual rate of X% from 2012 to 2022. At the same time, Indonesia (X%), the Philippines (X%), Pakistan (X%), China (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. By contrast, India (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Vietnam, China, the Philippines, Indonesia and Pakistan increased by X, X, X, X and X percentage points, respectively.

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

In China, drawing ink pen imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2018; however, from 2019 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 China ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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