Italy: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Italy

For the eighth year in a row, the Italian drawing ink pen market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption, however, showed a abrupt slump. Drawing ink pen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Drawing Ink Pen Production in Italy

In value terms, drawing ink pen production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Drawing ink pen production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports from Italy

After five years of growth, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units in 2022. Overall, exports recorded a slight downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then fell dramatically in the following year.

In value terms, drawing ink pen exports reduced rapidly to $X in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced sharply in the following year.

Exports by Country

The Czech Republic (X units), Australia (X units) and the United States (X units) were the main destinations of drawing ink pen exports from Italy, together accounting for 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 the Czech Republic (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

The Czech Republic, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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, surging by X% against the previous year. Overall, export price indicated a remarkable 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 2014 when the average export price increased by X%. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Bulgaria ($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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Italy

In 2022, supplies from abroad of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports fell sharply to $X in 2022. Overall, imports saw a perceptible decline. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of drawing ink pen imports to Italy, together comprising X% of total imports.

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

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

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

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per unit in 2021, and then fell significantly in the following year.

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 the UK ($X per unit), while the price for the Netherlands ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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