SADC: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in SADC

The SADC drawing ink pen market shrank slightly to $X in 2022, remaining constant against the previous year. Overall, consumption, however, saw a pronounced decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in SADC

In value terms, drawing ink pen production declined modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a noticeable decrease. The growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports in SADC

In 2022, after three years of decline, there was significant growth in overseas shipments of indian ink drawing pens, fountain pens and stylograph pens, when their volume increased by X% to X units. In general, exports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports expanded significantly to $X in 2022. Overall, exports, however, showed a perceptible setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Mauritius (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen exports from South Africa stood at X%. At the same time, Mauritius (X%) displayed positive paces of growth. Moreover, Mauritius emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest drawing ink pen supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($X per unit), while South Africa totaled $X per unit.

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

Drawing Ink Pen Imports

Imports in SADC

In 2022, overseas purchases 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 two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, drawing ink pen imports skyrocketed to $X in 2022. Overall, imports, however, saw a deep setback. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X units), distantly followed by Angola (X units), Democratic Republic of the Congo (X units), Swaziland (X units), Mozambique (X units), Tanzania (X units), Madagascar (X units) and Mauritius (X units) represented the key importers of indian ink drawing pens, fountain pens and stylograph pens, together mixing up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Swaziland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported indian ink drawing pens, fountain pens and stylograph pens in SADC, comprising X% of total imports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with an X% share of total imports. It was followed by Angola, with an X% share.

In South Africa, drawing ink pen imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Democratic Republic of the Congo (X% per year) and Angola (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform