Sweden: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Sweden

The Swedish drawing ink pen market fell to $X in 2022, standing approx. at the previous year. Overall, consumption, however, showed a pronounced setback. 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 Sweden

In value terms, drawing ink pen production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Drawing Ink Pen Exports

Exports from Sweden

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens decreased by X% to X units, falling for the third consecutive year after six years of growth. In general, exports recorded a pronounced slump. The growth pace was the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing ink pen exports shrank to $X in 2022. Overall, exports, however, enjoyed a resilient expansion. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units), Finland (X units) and Denmark (X units) were the main destinations of drawing ink pen exports from Sweden, with a combined X% share of total exports. China lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for drawing ink pen exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), together comprising X% of total exports. China lagged somewhat behind, comprising a further X%.

China, with a CAGR of X%, recorded 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

In 2022, the average drawing ink pen export price amounted to $X per unit, stabilizing at the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to China ($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 Hong Kong SAR (X%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports

Imports into Sweden

In 2022, drawing ink pen imports into Sweden declined modestly to X units, stabilizing at the previous year. Overall, imports recorded a deep contraction. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing ink pen imports stood at $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest drawing ink pen supplier to Sweden, accounting for a X% share of total imports. Moreover, drawing ink pen imports from Japan exceeded the figures recorded by the second-largest supplier, Malaysia (X units), fourfold. The third position in this ranking was held by Germany (X units), with an X% share.

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

In value terms, Germany ($X), Japan ($X) and Denmark ($X) constituted the largest drawing ink pen suppliers to Sweden, together accounting for X% of total imports. Malaysia, Taiwan (Chinese), China, France and South Korea lagged somewhat behind, together comprising a further X%.

Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average drawing ink pen import price amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 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 ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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