Australia: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Australia

The Australian drawing ink pen market surged to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase 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 2020 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to continue growth in years to come.

Drawing Ink Pen Exports

Exports from Australia

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported from Australia; rising by X% on the previous year. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, drawing ink pen exports fell sharply to $X in 2022. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for drawing ink pen exports from Australia, with a X% share of total exports. Moreover, drawing ink pen exports to New Zealand exceeded the volume sent to the second major destination, Papua New Guinea (X units), more than tenfold. Hong Kong SAR (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Hong Kong SAR (X% per year).

In value terms, New Zealand ($X) remains the key foreign market for indian ink drawing pens, fountain pens and stylograph pens exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Papua New Guinea ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Papua New Guinea (X% per year) and Hong Kong SAR (X% per year).

Export Prices by Country

In 2022, the average drawing ink pen export price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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

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Drawing Ink Pen Imports

Imports into Australia

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. In general, imports recorded a temperate increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, drawing ink pen imports skyrocketed to $X in 2022. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest drawing ink pen supplier to Australia, accounting for a X% share of total imports. Moreover, drawing ink pen imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. Japan (X units) ranked third in terms of total imports with a X% share.

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: India (X% per year) and Japan (X% per year).

In value terms, Germany ($X), China ($X) and Japan ($X) appeared to be the largest drawing ink pen suppliers to Australia, with a combined X% share of total imports. France and India lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 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 ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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