Report Update Nov 1, 2024

Azerbaijan - Indian Ink Drawing Pens, Fountain Pens and Stylograph Pens - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Azerbaijan

In 2022, the Azerbaijani drawing ink pen market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption showed significant growth. Drawing ink pen consumption peaked in 2022 and is expected to retain growth in the near future.

Drawing Ink Pen Exports

Exports from Azerbaijan

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units, falling for the second year in a row after three years of growth. In general, exports saw a sharp contraction. The growth pace was the most rapid in 2020 with an increase of X%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, drawing ink pen exports surged to $X in 2022. Over the period under review, exports faced a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Uzbekistan (X units) was the main destination for drawing ink pen exports from Azerbaijan, accounting for a approx. X% share of total exports.

From 2014 to 2022, the average annual rate of growth in terms of volume to Uzbekistan was relatively modest.

From 2014 to 2022, the average annual rate of growth in terms of value to Uzbekistan was relatively modest.

Export Prices by Country

In 2022, the average drawing ink pen export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price showed a pronounced expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uzbekistan.

From 2014 to 2022, the rate of growth in terms of prices for Italy amounted to X% per year.

Drawing Ink Pen Imports

Imports into Azerbaijan

In 2022, imports of indian ink drawing pens, fountain pens and stylograph pens into Azerbaijan skyrocketed to X units, jumping by X% against the year before. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, drawing ink pen imports soared to $X in 2022. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of drawing ink pen to Azerbaijan, accounting for a X% share of total imports. It was followed by Poland (X units), with a X% share of total imports. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of indian ink drawing pens, fountain pens and stylograph pens to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with an X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Poland (X% per year).

Import Prices by Country

In 2022, the average drawing ink pen import price amounted to $X per unit, which is down by X% against the previous year. In general, the import price showed a sharp curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for indian ink drawing pens, fountain pens and stylograph pens in the world?

China remains the largest drawing ink pen consuming country worldwide, comprising approx. 30% of total volume. Moreover, drawing ink pen consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of indian ink drawing pens, fountain pens and stylograph pens in the world?

China remains the largest drawing ink pen producing country worldwide, accounting for 34% of total volume. Moreover, drawing ink pen production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of indian ink drawing pens, fountain pens and stylograph pens to Azerbaijan?

In value terms, China, Turkey and Italy constituted the largest drawing ink pen suppliers to Azerbaijan, together accounting for 72% of total imports.

What is the average export price for indian ink drawing pens, fountain pens and stylograph pens in Azerbaijan?

The average drawing ink pen export price stood at $0.2 per unit in 2020, therefore, remained relatively stable against the previous year.

What is the average import price for indian ink drawing pens, fountain pens and stylograph pens in Azerbaijan?

The average drawing ink pen import price stood at $0.8 per unit in 2021, dropping by -28.4% against the previous year.

This report provides an in-depth analysis of the drawing ink pen market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991300 - Indian ink drawing pens, fountain pens, stylograph pens and other pens

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023