China: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in China

The Chinese drawing ink pen market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a perceptible descent. Drawing ink pen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in China

In value terms, drawing ink pen production reduced slightly to $X in 2022 estimated in export price. In general, production saw a perceptible setback. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Drawing Ink Pen Exports

Exports from China

After two years of decline, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units in 2022. Over the period under review, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, drawing ink pen exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X units), Singapore (X units) and the United States (X units) were the main destinations of drawing ink pen exports from China, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Vietnam ($X) and the United States ($X) constituted the largest markets for drawing ink pen exported from China worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of X%, recorded 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

The average drawing ink pen export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, export price indicated a measured 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. Based on 2022 figures, drawing ink pen export price increased by X% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

Drawing Ink Pen Imports

Imports into China

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported into China; shrinking by X% compared with 2021 figures. Overall, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports fell remarkably to $X in 2022. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Japan (X units), Germany (X units) and France (X units) were the main suppliers of drawing ink pen imports to China, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

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

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average drawing ink pen import price amounted to $X per unit, stabilizing at the previous year. In general, the import price, however, saw a pronounced slump. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 France ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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