Southern Asia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Southern Asia

The South Asian drawing ink pen market reduced modestly to $X in 2022, waning by X% against the previous year. Overall, consumption recorded a pronounced decline. The pace of growth was the most pronounced in 2019 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Drawing Ink Pen Production in Southern Asia

In value terms, drawing ink pen production fell to $X in 2022 estimated in export price. Over the period under review, production saw a noticeable curtailment. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Drawing Ink Pen Exports

Exports in Southern Asia

In 2022, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units, rising for the fifth consecutive year after two years of decline. In general, exports showed a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, drawing ink pen exports expanded significantly to $X in 2022. Over the period under review, exports saw resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Exports by Country

India dominates exports structure, amounting to X units, which was approx. X% of total exports in 2022. Pakistan (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to drawing ink pen exports from India stood at X%. At the same time, Pakistan (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Pakistan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of India (X p.p.) displayed negative dynamics.

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

In India, drawing ink pen exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price saw a pronounced setback. The pace of growth appeared the most rapid in 2021 when the export price increased by X%. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per unit), while Pakistan totaled $X per unit.

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

Drawing Ink Pen Imports

Imports in Southern Asia

Drawing ink pen imports fell to X units in 2022, declining by X% on 2021 figures. Overall, imports recorded a slight downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a perceptible curtailment. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Pakistan (X units) and India (X units) represented the major importers of indian ink drawing pens, fountain pens and stylograph pens in 2022, finishing at approx. X% and X% of total imports, respectively. Bangladesh (X units) ranks next in terms of the total imports with a X% share, followed by Nepal (X%).

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, India ($X) constitutes the largest market for imported indian ink drawing pens, fountain pens and stylograph pens in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Pakistan ($X), with a X% share of total imports. It was followed by Bangladesh, with an X% share.

From 2012 to 2022, the average annual growth rate of value in India stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, surging by X% against the previous year. In general, the import price, however, saw a perceptible setback. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 India ($X per unit), while Nepal ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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