Spain: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Spain

The Spanish drawing ink pen market expanded slightly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Drawing Ink Pen Production in Spain

In value terms, drawing ink pen production rose significantly to $X in 2022 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Drawing Ink Pen Exports

Exports from Spain

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported from Spain; which is down by X% against the previous year. In general, exports saw a mild shrinkage. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, drawing ink pen exports shrank notably to $X in 2022. Over the period under review, exports, however, posted a remarkable increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then dropped dramatically in the following year.

Exports by Country

Romania (X units), Portugal (X units) and Italy (X units) were the main destinations of drawing ink pen exports from Spain, with a combined X% share of total exports. The United States, Germany, the Philippines, France, Australia 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 the Philippines (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Portugal ($X) and Romania ($X) appeared to be the largest markets for drawing ink pen exported from Spain worldwide, together accounting for X% of total exports. Germany, the Philippines, Italy, France, Australia and the UK lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, shrinking by X% against the previous year. Overall, the export price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then reduced sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Romania ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Spain

In 2022, overseas purchases of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units, falling for the fourth consecutive year after seven years of growth. Overall, imports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, drawing ink pen imports fell to $X in 2022. In general, total imports indicated a resilient expansion from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest drawing ink pen supplier to Spain, with a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Germany (X units) ranked third in terms of total imports with a X% share.

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

In value terms, the largest drawing ink pen suppliers to Spain were Germany ($X), Ireland ($X) and France ($X), with a combined X% share of total imports.

Ireland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X%. The import price peaked 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 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 Ireland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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