New Zealand: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in New Zealand

In 2022, the New Zealand drawing ink pen market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a pronounced decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Drawing Ink Pen Exports

Exports from New Zealand

Drawing ink pen exports from New Zealand surged to X units in 2022, picking up by X% against the year before. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, drawing ink pen exports surged to $X in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Samoa (X units) was the main destination for drawing ink pen exports from New Zealand, with a X% share of total exports. Moreover, drawing ink pen exports to Samoa exceeded the volume sent to the second major destination, Australia (X units), more than tenfold. The third position in this ranking was taken by Cook Islands (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Samoa stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Cook Islands (X% per year).

In value terms, Samoa ($X) emerged as the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from New Zealand, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports. It was followed by Cook Islands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Samoa totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Cook Islands (X% per year).

Export Prices by Country

In 2022, the average drawing ink pen export price amounted to $X per unit, dropping by X% against the previous year. In general, the export price recorded a mild descent. The most prominent rate of growth was recorded in 2016 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

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

Drawing Ink Pen Imports

Imports into New Zealand

In 2022, after two years of growth, there was significant decline in overseas purchases of indian ink drawing pens, fountain pens and stylograph pens, when their volume decreased by X% to X units. In general, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, drawing ink pen imports dropped to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, China (X units) constituted the largest drawing ink pen supplier to New Zealand, accounting for a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. India (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: the United States (X% per year) and India (X% per year).

In value terms, the largest drawing ink pen suppliers to New Zealand were China ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. The United States, India, Australia and Malaysia lagged somewhat behind, together comprising a further X%.

The United States, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average drawing ink pen import price amounted to $X per unit, approximately mirroring the previous year. Overall, the import price, however, showed a resilient increase. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit, and then dropped 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 Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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