Turkey: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Turkey

The Turkish drawing ink pen market surged to $X in 2022, picking up by X% against the previous year. In general, the total consumption indicated slight 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, consumption increased by X% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Drawing Ink Pen Production in Turkey

In value terms, drawing ink pen production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. Drawing ink pen production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Drawing Ink Pen Exports

Exports from Turkey

In 2022, exports of indian ink drawing pens, fountain pens and stylograph pens from Turkey skyrocketed to X units, growing by X% on the previous year's figure. Over the period under review, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, drawing ink pen exports surged to $X in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Cyprus (X units) was the main destination for drawing ink pen exports from Turkey, accounting for a X% share of total exports. Moreover, drawing ink pen exports to Cyprus exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was held by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Cyprus amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for drawing ink pen exported from Turkey were the United States ($X), the United Arab Emirates ($X) and Cyprus ($X), together comprising X% of total exports. The Netherlands, Iraq, Israel, France, Switzerland, Azerbaijan, Belgium, Libya and Georgia lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest growth rate of 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, surging by X% against the previous year. Overall, the export price, however, recorded a perceptible decline. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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

Drawing Ink Pen Imports

Imports into Turkey

For the third consecutive year, Turkey recorded growth in overseas purchases of indian ink drawing pens, fountain pens and stylograph pens, which increased by X% to X units in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, drawing ink pen imports soared to $X in 2022. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main supplier of drawing ink pen to Turkey, 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 totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Germany (X% per year).

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

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

Import Prices by Country

In 2022, the average drawing ink pen import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 an increase of X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: 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 a decline.

Source: IndexBox Platform

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