Report Update: May 1, 2024

Panama - Indian Ink Drawing Pens, Fountain Pens And Stylograph Pens - Market Analysis, Forecast, Size, Trends And Insights

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Drawing Ink Pen Price in Panama - 2022

Drawing Ink Pen Price in Panama (CIF) - 2022

In 2022, the average drawing ink pen import price amounted to $1.4 per unit, with a decrease of -7.5% against the previous year. Overall, the import price, however, enjoyed moderate growth. The pace of growth appeared the most rapid in 2021 an increase of 8.2% against the previous year. The import price peaked at $1.6 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21 per unit), while the price for Taiwan (Chinese) ($0.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+46.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Drawing Ink Pen Price in Panama (FOB) - 2022

The average drawing ink pen export price stood at $80 per unit in 2022, picking up by 1,679% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($6.5 per unit), while the average price for exports to Guyana ($1 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 Venezuela (+83.3%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Ink Pen Imports in Panama

In 2022, imports of indian ink drawing pens, fountain pens and stylograph pens into Panama soared to 275K units, picking up by 59% against 2021 figures. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 315% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, drawing ink pen imports surged to $388K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 350% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Import of Drawing Ink Pen in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	137	46.2	205	253	22.7%
Germany	2.2	4.2	16.9	123	282.4%
United States	4.6	4.9	2.9	5.6	6.8%
Spain	2.7	N/A	N/A	5.3	25.2%
Taiwan (Chinese)	0.2	N/A	N/A	0.6	44.2%
Free Zones	0.6	N/A	37.1	0.2	-30.7%
Malaysia	4.9	N/A	N/A	N/A	0%
Brazil	N/A	N/A	1.3	N/A	0%
Others	4.3	3.5	0.8	1.0	-38.5%
Total	156	58.7	264	388	35.5%

Top Suppliers of Drawing Ink Pen to Panama in 2022:

China (12.2K units)
Germany (5.9K units)
Spain (3.6K units)
United States (3.2K units)
Taiwan (Chinese) (1.0K units)

Drawing Ink Pen Exports in Panama

In 2022, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens decreased by -86% to 3.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a dramatic descent. The growth pace was the most rapid in 2020 when exports increased by 51% against the previous year. The exports peaked at 27K units in 2021, and then shrank remarkably in the following year.

In value terms, drawing ink pen exports soared to $297K in 2022. In general, exports, however, posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Drawing Ink Pen in Panama (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hong Kong SAR	N/A	N/A	21.7	250	1052.1%
Chile	2.6	0.4	20.5	2.0	-8.4%
Costa Rica	5.8	6.6	3.5	0.8	-48.3%
Guatemala	7.7	14.3	2.8	N/A	-39.7%
United States	66.0	121	60.5	N/A	-4.3%
Others	5.4	0.3	10.2	44.1	101.4%
Total	87.5	143	119	297	50.3%

Top Export Markets for Drawing Ink Pen from Panama in 2022:

Hong Kong SAR (75.9K units)
Chile (0.6K units)
Costa Rica (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the drawing ink pen market in Panama. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991300 - Indian ink drawing pens, fountain pens, stylograph pens and other pens

Country coverage:

Panama

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Panama
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023