South Africa: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in South Africa

In 2022, the South African drawing ink pen market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. Over the period under review, consumption showed a noticeable contraction. Drawing ink pen consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in South Africa

In value terms, drawing ink pen production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X%. Drawing ink pen production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Drawing Ink Pen Exports

Exports from South Africa

In 2022, after three years of decline, there was significant growth in shipments abroad of indian ink drawing pens, fountain pens and stylograph pens, when their volume increased by X% to X units. In general, exports recorded resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, drawing ink pen exports skyrocketed to $X in 2022. Overall, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X units) was the main destination for drawing ink pen exports from South Africa, with a X% share of total exports. Moreover, drawing ink pen exports to Swaziland exceeded the volume sent to the second major destination, Namibia (X units), threefold. Botswana (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Swaziland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (X% per year) and Botswana (X% per year).

In value terms, Namibia ($X), Swaziland ($X) and Botswana ($X) appeared to be the largest markets for drawing ink pen exported from South Africa worldwide, together accounting for X% of total exports. Mozambique, Zambia and Malawi lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Malawi, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average drawing ink pen export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price faced a abrupt decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($X per unit), while the average price for exports to Swaziland ($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 Botswana (X%), while the prices for the other major destinations experienced a decline.

Drawing Ink Pen Imports

Imports into South Africa

Drawing ink pen imports into South Africa shrank to X units in 2022, reducing by X% on 2021 figures. In general, imports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports surged to $X in 2022. Over the period under review, imports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of 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, China (X units) constituted the largest drawing ink pen supplier to South Africa, accounting for a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), eightfold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

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

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

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The import price peaked 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 the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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