Northern America: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Northern America

The North American drawing ink pen market amounted to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of consumption peaked in 2022 and is likely to continue growth in the near future.

Drawing Ink Pen Production in Northern America

In value terms, drawing ink pen production rose modestly to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Drawing Ink Pen Exports

Exports in Northern America

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens were finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, drawing ink pen exports expanded modestly to $X in 2022. Total exports indicated a temperate 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, exports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States dominates exports structure, reaching X units, which was near X% of total exports in 2022. It was distantly followed by Canada (X units), committing a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen exports from the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of X% from 2012-2022. While the share of Canada (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) remains the largest drawing ink pen supplier in Northern America, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

In the United States, drawing ink pen exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price showed a deep slump. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Drawing Ink Pen Imports

Imports in Northern America

In 2022, supplies from abroad 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 four years of decline. Over the period under review, imports saw resilient growth. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, drawing ink pen imports expanded notably to $X in 2022. Total imports indicated buoyant growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

The United States dominates imports structure, amounting to X units, which was near X% of total imports in 2022. It was distantly followed by Canada (X units), making up a X% share of total imports.

The United States was also the fastest-growing in terms of the indian ink drawing pens, fountain pens and stylograph pens imports, with a CAGR of X% from 2012 to 2022. At the same time, Canada (X%) displayed positive paces of growth. While the share of the United States (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Canada (X p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported indian ink drawing pens, fountain pens and stylograph pens in Northern America, comprising X% of total imports. The second position in the ranking was taken by Canada ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at X%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the import price saw a mild decline. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%).

Source: IndexBox Platform

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