Portugal: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Portugal

In 2022, the Portuguese drawing ink pen market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Drawing Ink Pen Production in Portugal

In value terms, drawing ink pen production reached $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Drawing ink pen production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Drawing Ink Pen Exports

Exports from Portugal

In 2022, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports fell markedly to $X in 2022. Overall, exports, however, faced a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Cabo Verde (X units) was the main destination for drawing ink pen exports from Portugal, with a X% share of total exports. Moreover, drawing ink pen exports to Cabo Verde exceeded the volume sent to the second major destination, the UK (X units), threefold. Angola (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cabo Verde totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Angola (X% per year).

In value terms, Angola ($X) remains the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by Cabo Verde ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Angola totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cabo Verde (X% per year) and the UK (X% per year).

Export Prices by Country

In 2022, the average drawing ink pen export price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price faced a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

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 Angola ($X per unit), while the average price for exports to Cabo Verde ($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 Cabo Verde (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Portugal

In 2022, drawing ink pen imports into Portugal surged to X units, picking up by X% compared with the previous year's figure. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, drawing ink pen imports surged to $X in 2022. In general, imports posted a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Spain (X units) was the main supplier of drawing ink pen to Portugal, accounting for a X% share of total imports. Moreover, drawing ink pen imports from Spain exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. France (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 Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

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

From 2012 to 2022, the average annual rate of growth in terms of value from Spain totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and France (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 faced a abrupt shrinkage. The pace of growth was the most pronounced in 2017 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 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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