Report Update Nov 1, 2024

Puerto Rico - Indian Ink Drawing Pens, Fountain Pens and Stylograph Pens - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Puerto Rico

In 2021, the Puerto Rican drawing ink pen market was finally on the rise to reach $X after six years of decline. Overall, consumption, however, showed a deep contraction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Drawing Ink Pen Production in Puerto Rico

In value terms, drawing ink pen production rose to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 30% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Drawing Ink Pen Exports

Exports by Country

China dominates exports structure, recording X units, which was near 60% of total exports in 2021. Germany (X units) held a 7.3% share (based on physical terms) of total exports, which put it in second place, followed by Taiwan (Chinese) (0.3%). Japan (X units), the Czech Republic (X units), India (X units), France (X units) and Malaysia (X units) took a relatively small share of total exports.

Exports from China decreased at an average annual rate of -5.0% from 2012 to 2021. At the same time, India (+7.3%), the Czech Republic (+7.3%), Japan (+5.6%) and Germany (+4.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +7.3% from 2012-2021. By contrast, France (-4.8%), Malaysia (-4.8%) and Taiwan (Chinese) (-41.8%) illustrated a downward trend over the same period. While the share of Germany (+4.4 p.p.), China (+3.4 p.p.), the Czech Republic (+3 p.p.), India (+2.9 p.p.) and Japan (+2.8 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Taiwan (Chinese) (-21.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest drawing ink pen supplier from Puerto Rico, comprising 36% of global exports. The second position in the ranking was taken by China ($X), with an 11% share of global exports. It was followed by Japan, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value in Germany stood at +4.4%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-2.8% per year) and Japan (+16.1% per year).

Drawing Ink Pen Imports

Imports by Country

In 2021, Indonesia (X units), distantly followed by the United States (X units), China (X units), Germany (X units) and Taiwan (Chinese) (X units) were the major importers of indian ink drawing pens, fountain pens and stylograph pens, together making up 45% of total imports. The following importers - France (X units), the Netherlands (X units), Thailand (X units), Senegal (X units), the Czech Republic (X units), the UK (X units), Poland (X units) and South Korea (X units) - together made up 23% of total imports.

From 2012 to 2021, average annual rates of growth with regard to drawing ink pen imports into Indonesia stood at +5.5%. At the same time, Senegal (+23.4%), the Netherlands (+21.1%), Poland (+18.9%), China (+14.9%), Taiwan (Chinese) (+14.8%), Germany (+7.7%), the United States (+6.6%), France (+6.3%), Thailand (+5.3%), South Korea (+1.8%) and the Czech Republic (+1.7%) displayed positive paces of growth. Moreover, Senegal emerged as the fastest-growing importer imported in the world, with a CAGR of +23.4% from 2012-2021. The UK experienced a relatively flat trend pattern. While the share of Indonesia (+6.8 p.p.), China (+4.7 p.p.), the United States (+3.8 p.p.), Taiwan (Chinese) (+3.3 p.p.), the Netherlands (+2.9 p.p.), Germany (+2.7 p.p.), Senegal (+2.4 p.p.), France (+1.7 p.p.) and Poland (+1.7 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 40% of total imports. These countries were followed by the Czech Republic, France, Poland, South Korea, the UK, Taiwan (Chinese), the Netherlands, Indonesia, Thailand and Senegal, which together accounted for a further 27%.

The Czech Republic, with a CAGR of +49.2%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for indian ink drawing pens, fountain pens and stylograph pens in the world?

The country with the largest volume of drawing ink pen consumption was China, comprising approx. 30% of total volume. Moreover, drawing ink pen consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 9.5% share.

What are the largest producers of indian ink drawing pens, fountain pens and stylograph pens in the world?

China constituted the country with the largest volume of drawing ink pen production, accounting for 34% of total volume. Moreover, drawing ink pen production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. The third position in this ranking was occupied by India, with a 10% share.

What are the leading suppliers of indian ink drawing pens, fountain pens and stylograph pens to Puerto Rico?

In value terms, the largest drawing ink pen importing markets into Puerto Rico were Germany, China and the United States, together accounting for 39% of total imports. These countries were followed by Poland, France, the UK, the Netherlands, Indonesia, Russia, Thailand, Denmark, Myanmar and Pakistan, which together accounted for a further 17%.

What are the leading importers of indian ink drawing pens, fountain pens and stylograph pens from Puerto Rico?

In value terms, Germany remains the largest drawing ink pen supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was occupied by China, with a 14% share of global exports. It was followed by Japan, with an 8.6% share.

What is the average export price for indian ink drawing pens, fountain pens and stylograph pens in Puerto Rico?

The export price in Puerto Rico stood at less than $0.1 per thousand units in 2021, remaining relatively unchanged against the previous year.

What is the average import price for indian ink drawing pens, fountain pens and stylograph pens in Puerto Rico?

In 2021, the import price in Puerto Rico amounted to less than $0.1 per thousand units, flattening at the previous year.

This report provides an in-depth analysis of the drawing ink pen market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991300 - Indian ink drawing pens, fountain pens, stylograph pens and other pens

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
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How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023