ASEAN: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in ASEAN

The ASEAN drawing ink pen market amounted to $X in 2022, remaining constant against the previous year. In general, consumption, however, saw a noticeable descent. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in ASEAN

In value terms, drawing ink pen production fell to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible downturn. The pace of growth appeared the most rapid in 2019 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

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Drawing Ink Pen Exports

Exports in ASEAN

After two years of decline, overseas shipments of indian ink drawing pens, fountain pens and stylograph pens increased by X% to X units in 2022. Over the period under review, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, drawing ink pen exports shrank sharply to $X in 2022. In general, exports saw a strong expansion. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Thailand (X units) represented the largest exporter of indian ink drawing pens, fountain pens and stylograph pens, comprising X% of total exports. It was distantly followed by Singapore (X units), generating a X% share of total exports. Indonesia (X units) followed a long way behind the leaders.

Thailand was also the fastest-growing in terms of the indian ink drawing pens, fountain pens and stylograph pens exports, with a CAGR of X% from 2012 to 2022. Indonesia (X%) and Singapore (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Thailand increased by X percentage points.

In value terms, Singapore ($X) remains the largest drawing ink pen supplier in ASEAN, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Thailand (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in ASEAN stood at $X per unit in 2022, which is down by X% against the previous year. Export price indicated a modest expansion from 2012 to 2022: its price 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. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2021, and then declined sharply in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Indonesia ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Drawing Ink Pen Imports

Imports in ASEAN

Drawing ink pen imports soared to X units in 2022, surging by X% on 2021 figures. Total imports indicated a tangible expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing ink pen imports dropped slightly to $X in 2022. Over the period under review, imports showed a notable increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Indonesia represented the key importer of indian ink drawing pens, fountain pens and stylograph pens in ASEAN, with the volume of imports resulting at X units, which was near X% of total imports in 2022. Thailand (X units) ranks second in terms of the total imports with a X% share, followed by the Philippines (X%). The following importers - Singapore (X units) and Myanmar (X units) - together made up X% of total imports.

Imports into Indonesia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), the Philippines (X%) and Thailand (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.) and Indonesia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest drawing ink pen importing markets in ASEAN were Singapore ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports.

Indonesia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, falling by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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