India - Indian Ink Drawing Pens, Fountain Pens And Stylograph Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDrawing Ink Pen Price in India - 2023
Contents:
- Drawing Ink Pen Price in India (FOB) - 2023
- Drawing Ink Pen Price in India (CIF) - 2023
- Drawing Ink Pen Exports in India
- Drawing Ink Pen Imports in India
Drawing Ink Pen Price in India (FOB) - 2023
The average drawing ink pen export price stood at $136 per thousand units in May 2023, shrinking by -8.3% against the previous month. Over the last ten-month period, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in December 2022 an increase of 21% month-to-month. The export price peaked at $149 per thousand units in April 2023, and then dropped in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($146 per thousand units), while the average price for exports to Oman ($23.0 per thousand units) was amongst the lowest.
From July 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.8%), while the prices for the other major destinations experienced mixed trend patterns.
Drawing Ink Pen Price in India (CIF) - 2023
In May 2023, the average drawing ink pen import price amounted to $86.7 per thousand units, reducing by -25.5% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 108% m-o-m. As a result, import price attained the peak level of $0.3 per unit. From January 2023 to May 2023, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From July 2022 to May 2023, the rate of growth in terms of prices for China amounted to +4.8% per month.
Drawing Ink Pen Exports in India
After three years of growth, shipments abroad of indian ink drawing pens, fountain pens and stylograph pens decreased by -99.6% to 94K units in 2022. In general, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 298% against the previous year. As a result, the exports reached the peak of 24M units, and then contracted significantly in the following year.
In value terms, drawing ink pen exports skyrocketed to $4M in 2022. Overall, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 246%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Drawing Ink Pen in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 129 | 427 | 2,774 | 2,360 | 163.5% |
Australia | 1.9 | 1.6 | 4.0 | 354 | 471.1% |
Algeria | 1.3 | N/A | N/A | 135 | 370.0% |
Russia | 14.2 | 85.6 | 33.0 | 119 | 103.1% |
United Arab Emirates | 175 | 56.3 | 36.7 | 89.1 | -20.1% |
Bangladesh | 34.2 | 115 | 39.3 | 82.7 | 34.2% |
Brazil | 3.2 | N/A | 5.9 | 67.5 | 176.3% |
Saudi Arabia | 5.1 | 0.4 | 2.0 | 55.8 | 122.0% |
Nepal | 95.5 | 6.9 | 75.1 | 44.8 | -22.3% |
Tunisia | N/A | 0.3 | 1.5 | 29.7 | 895.0% |
Jordan | 0.3 | N/A | N/A | 25.6 | 340.3% |
Others | 237 | 294 | 442 | 617 | 37.6% |
Total | 697 | 987 | 3,413 | 3,980 | 78.7% |
Top Export Markets for Drawing Ink Pen from India in 2022:
- United States (4.7M units)
- Bangladesh (2.8M units)
- Algeria (1.4M units)
- Australia (1.3M units)
- Brazil (0.7M units)
- Nepal (0.7M units)
- Russia (0.4M units)
- Saudi Arabia (0.3M units)
- Tunisia (0.3M units)
- Jordan (0.3M units)
- United Arab Emirates (0.2M units)
Drawing Ink Pen Imports in India
In 2022, imports of indian ink drawing pens, fountain pens and stylograph pens into India surged to 25M units, jumping by 149% compared with the previous year. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, drawing ink pen imports surged to $4M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Drawing Ink Pen in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,946 | 688 | 1,188 | 1,138 | -16.4% |
China | 414 | 417 | 508 | 973 | 33.0% |
Japan | 181 | 208 | 423 | 389 | 29.0% |
Germany | 402 | 909 | 427 | 383 | -1.6% |
Hong Kong SAR | 147 | 84.7 | 127 | 188 | 8.5% |
Taiwan (Chinese) | 62.3 | 59.1 | 81.2 | 156 | 35.8% |
Others | 92.2 | 160 | 284 | 730 | 99.3% |
Total | 3,244 | 2,526 | 3,038 | 3,957 | 6.8% |
Top Suppliers of Drawing Ink Pen to India in 2022:
- China (3.8M units)
- United Arab Emirates (0.3M units)
- Japan (0.2M units)
- Hong Kong SAR (0.2M units)
- Taiwan (Chinese) (0.1M units)
- Germany (0.1M units)
This report provides an in-depth analysis of the drawing ink pen market in India. 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:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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