EU: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in the EU

In 2022, the EU drawing ink pen market decreased by X% to $X, falling for the second year in a row after three years of growth. In general, consumption recorded a pronounced reduction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Drawing Ink Pen Production in the EU

In value terms, drawing ink pen production reached $X in 2022 estimated in export price. In general, production continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

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Drawing Ink Pen Exports

Exports in the EU

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were exported in the European Union; with a decrease of X% on the previous year's figure. In general, exports showed a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing ink pen exports dropped remarkably to $X in 2022. Total exports indicated a temperate expansion 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then plummeted in the following year.

Exports by Country

In 2022, Germany (X units) was the key exporter of indian ink drawing pens, fountain pens and stylograph pens, generating X% of total exports. France (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (X%), the Czech Republic (X%) and Poland (X%). Italy (X units), Slovenia (X units), Belgium (X units), Austria (X units), Denmark (X units), Spain (X units) and Slovakia (X units) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Poland (X%), the Netherlands (X%), Belgium (X%), Spain (X%) and Austria (X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2022. By contrast, Denmark (X%), Italy (X%), Slovenia (X%), the Czech Republic (X%), Slovakia (X%) and France (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, the Netherlands, Poland and Belgium increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest drawing ink pen supplier in the European Union, comprising X% of total exports. The second position in the ranking was taken by France ($X), with an X% share of total exports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to X%. In the other countries, the average annual rates were as follows: France (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, dropping by X% against the previous year. Overall, the export price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 an increase of X%. The level of export peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while Denmark ($X per unit) was amongst the lowest.

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

Drawing Ink Pen Imports

Imports in the EU

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported in the European Union; waning by X% against the previous year's figure. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports declined significantly to $X in 2022. Overall, imports, however, showed a prominent increase. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank markedly in the following year.

Imports by Country

Germany (X units) and France (X units) represented the largest importers of indian ink drawing pens, fountain pens and stylograph pens in 2022, amounting to near X% and X% of total imports, respectively. The Czech Republic (X units) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%), the Netherlands (X%), Poland (X%), Romania (X%) and Belgium (X%). The following importers - Portugal (X units), Spain (X units), Austria (X units), Denmark (X units) and Hungary (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constitutes the largest market for imported indian ink drawing pens, fountain pens and stylograph pens in the European Union, comprising X% of total imports. The second position in the ranking was taken by France ($X), with an X% share of total imports. It was followed by the Czech Republic, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Germany amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: France (X% per year) and the Czech Republic (X% per year).

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2020 an increase of X%. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

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

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

Source: IndexBox Platform

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