Thailand: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Thailand

The Thai drawing ink pen market was estimated at $X in 2022, stabilizing at the previous year. In general, consumption, however, showed a perceptible slump. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Drawing Ink Pen Production in Thailand

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

Drawing Ink Pen Exports

Exports from Thailand

After two years of decline, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units in 2022. In general, exports recorded a strong expansion. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, drawing ink pen exports dropped dramatically to $X in 2022. Over the period under review, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Myanmar (X units) was the main destination for drawing ink pen exports from Thailand, with a X% share of total exports. Moreover, drawing ink pen exports to Myanmar exceeded the volume sent to the second major destination, South Korea (X units), sixfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Germany (X% per year).

In value terms, Myanmar ($X) remains the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by South Korea ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (X% per year) and Germany (X% per year).

Export Prices by Country

The average drawing ink pen export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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

Drawing Ink Pen Imports

Imports into Thailand

In 2022, purchases abroad of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, drawing ink pen imports expanded rapidly to $X in 2022. Overall, imports saw a relatively flat trend pattern. 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. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest drawing ink pen supplier to Thailand, accounting for a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and India (X% per year).

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

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

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2016; however, from 2017 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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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