South-Eastern Asia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in South-Eastern Asia

In 2022, the Southeast Asian drawing ink pen market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Drawing Ink Pen Production in South-Eastern Asia

In value terms, drawing ink pen production reached $X in 2022 estimated in export price. In general, production continues to indicate a drastic downturn. The growth pace was the most rapid in 2019 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Drawing Ink Pen Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports saw a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports reduced notably to $X in 2022. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Thailand represented the main exporting country with an export of around X units, which resulted at X% of total exports. It was distantly followed by Singapore (X units), comprising a X% share of total exports. Malaysia (X units) and Indonesia (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen exports from Thailand stood at X%. At the same time, Indonesia (X%) and Malaysia (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) remains the largest drawing ink pen supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with a X% share of total exports. It was followed by Indonesia, with a X% share.

In Singapore, drawing ink pen exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, shrinking by X% against the previous year. Export price indicated modest growth 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. The growth pace was the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then declined significantly in the following year.

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 Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports in South-Eastern Asia

In 2022, drawing ink pen imports in South-Eastern Asia skyrocketed to X units, with an increase of X% against the previous year. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, drawing ink pen imports totaled $X in 2022. In general, imports posted a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of X%. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Vietnam represented the key importer of indian ink drawing pens, fountain pens and stylograph pens in South-Eastern Asia, with the volume of imports reaching X units, which was approx. X% of total imports in 2022. Thailand (X units) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%) and Indonesia (X%). Singapore (X units), Myanmar (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen imports into Vietnam stood at X%. At the same time, Indonesia (X%), the Philippines (X%), Myanmar (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) and Singapore (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), the Philippines (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Malaysia, Thailand and Singapore saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest drawing ink pen importing markets in South-Eastern Asia were Vietnam ($X), Singapore ($X) and Indonesia ($X), together accounting for X% of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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