Australia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Australia

The Australian drawing ink pen market soared to $X in 2022, surging 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). Overall, the total consumption indicated a strong expansion 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, consumption increased by X% against 2020 indices. Drawing ink pen consumption peaked in 2022 and is expected to retain growth in the immediate term.

Drawing Ink Pen Exports

Exports from Australia

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported from Australia; picking up by X% on the previous year. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, drawing ink pen exports declined notably to $X in 2022. Overall, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units), Papua New Guinea (X units) and Hong Kong SAR (X units) were the main destinations of drawing ink pen exports from Australia, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Papua New Guinea (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, New Zealand ($X) remains the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Australia, comprising X% of total exports. The second position in the ranking was held by Papua New Guinea ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

The average drawing ink pen export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price saw a deep setback. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Papua New Guinea ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Australia

In 2022, overseas purchases of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports saw a tangible increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, drawing ink pen imports soared to $X in 2022. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of drawing ink pen to Australia, with a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. Japan (X units) ranked third in terms of total imports with a X% share.

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: India (X% per year) and Japan (X% per year).

In value terms, the largest drawing ink pen suppliers to Australia were Germany ($X), China ($X) and Japan ($X), together comprising X% of total imports. France and India lagged somewhat behind, together comprising a further X%.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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