Philippines - 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 the Philippines - 2023
Contents:
- Drawing Ink Pen Price in the Philippines (CIF) - 2022
- Drawing Ink Pen Price in the Philippines (FOB) - 2022
- Drawing Ink Pen Imports in the Philippines
- Drawing Ink Pen Exports in the Philippines
Drawing Ink Pen Price in the Philippines (CIF) - 2022
The average drawing ink pen import price stood at $2.1 per unit in 2022, growing by 2,798% against the previous year. Overall, the import price posted a significant increase. The import price peaked at $3.1 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 ($7.2 per unit), while the price for China ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Drawing Ink Pen Price in the Philippines (FOB) - 2022
In 2022, the average drawing ink pen export price amounted to $2.9 per unit, increasing by 18% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by 172% against the previous year. As a result, the export price attained the peak level of $18 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2012 to 2022, the rate of growth in terms of prices for Singapore amounted to +9.5% per year.
Drawing Ink Pen Imports in the Philippines
In 2022, the amount of indian ink drawing pens, fountain pens and stylograph pens imported into the Philippines shrank significantly to 1.7M units, waning by -83.7% compared with the previous year. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 601%. As a result, imports reached the peak of 10M units, and then declined dramatically in the following year.
In value terms, drawing ink pen imports surged to $3.4M in 2022. In general, imports, however, enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Drawing Ink Pen in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 252 | 116 | 247 | 747 | 43.7% |
Japan | 584 | 201 | 355 | 340 | -16.5% |
Others | 208 | 141 | 125 | 2,350 | 124.4% |
Total | 1,044 | 459 | 727 | 3,436 | 48.7% |
Top Suppliers of Drawing Ink Pen to the Philippines in 2022:
- China (8.3M units)
- Japan (0.3M units)
Drawing Ink Pen Exports in the Philippines
In 2022, drawing ink pen exports from the Philippines declined to 4.2K units, which is down by -6.6% against the year before. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 603%. As a result, the exports attained the peak of 4.5K units, and then dropped in the following year.
In value terms, drawing ink pen exports expanded remarkably to $12K in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +103.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 85% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Drawing Ink Pen in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | N/A | N/A | N/A | 0.1 | 0% |
Germany | N/A | 0.6 | N/A | N/A | 0% |
Thailand | 1.8 | 0.6 | N/A | N/A | -66.7% |
China | 0.2 | N/A | N/A | N/A | 0% |
Austria | N/A | 0.4 | N/A | N/A | 0% |
France | N/A | 0.3 | 2.0 | N/A | 566.7% |
Sweden | 0.1 | N/A | N/A | N/A | 0% |
Nepal | 0.4 | N/A | N/A | N/A | 0% |
Singapore | 6.5 | 1.6 | 2.0 | N/A | -44.5% |
Australia | N/A | N/A | 4.5 | N/A | 0% |
Others | 1.7 | 2.6 | 2.7 | 12.3 | 93.4% |
Total | 10.6 | 6.1 | 11.2 | 12.4 | 5.4% |
Top Export Markets for Drawing Ink Pen from the Philippines in 2022:
- Hong Kong SAR (0.1K units)
This report provides an in-depth analysis of the drawing ink pen market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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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