Norway: Drawing Ink Pen Market 2024

Drawing Ink Pen Market Size in Norway

The Norwegian drawing ink pen market contracted modestly to $X in 2022, falling 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). Overall, consumption saw a noticeable contraction. Drawing ink pen consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Drawing Ink Pen Exports

Exports from Norway

Drawing ink pen exports from Norway skyrocketed to X units in 2022, growing by X% compared with the year before. In general, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, drawing ink pen exports skyrocketed to $X in 2022. Overall, exports saw a strong increase. The growth pace was the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X units) was the main destination for drawing ink pen exports from Norway, accounting for a X% share of total exports. Moreover, drawing ink pen exports to Denmark exceeded the volume sent to the second major destination, Sweden (X units), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Russia (X% per year).

In value terms, Denmark ($X), Sweden ($X) and Russia ($X) constituted the largest markets for drawing ink pen exported from Norway worldwide, together comprising X% of total exports.

Russia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average drawing ink pen export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Denmark ($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 Denmark (X%), while the prices for the other major destinations experienced a decline.

Drawing Ink Pen Imports

Imports into Norway

In 2022, approx. X units of indian ink drawing pens, fountain pens and stylograph pens were imported into Norway; waning by X% compared with the previous year's figure. Over the period under review, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, drawing ink pen imports declined modestly to $X in 2022. In general, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of drawing ink pen to Norway, with a X% share of total imports. Moreover, drawing ink pen imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. Italy (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 Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Italy (X% per year).

In value terms, Japan ($X) constituted the largest supplier of indian ink drawing pens, fountain pens and stylograph pens to Norway, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and China (X% per year).

Import Prices by Country

The average drawing ink pen import price stood at $X per unit in 2022, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. The import price peaked at $X 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 ($X per unit), while the price for Italy ($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 Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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