Russian Federation: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in the Russian Federation

The Russian drawing ink pen market stood at $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded slight growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Drawing Ink Pen Exports

Exports from the Russian Federation

In 2022, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, drawing ink pen exports contracted to $X in 2022. Over the period under review, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then reduced in the following year.

Exports by Country

The United States (X units), Belarus (X units) and China (X units) were the main destinations of drawing ink pen exports from Russia, with a combined X% share of total exports. Singapore, Armenia, Kazakhstan, South Africa and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of X.4%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Russia, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (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, jumping by X% against the previous year. Over the period under review, export price indicated a prominent 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 2020 indices. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the 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 the UK ($X per unit), while the average price for exports to Belarus ($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 China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Drawing Ink Pen Imports

Imports into the Russian Federation

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported into Russia; with an increase of X% against the previous year's figure. In general, imports saw a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing ink pen imports reduced remarkably to $X in 2022. Overall, imports, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of drawing ink pen to Russia, with a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold.

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

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

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

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 France (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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