Angola: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Angola

In 2021, the Angolan porous-tipped pen market was finally on the rise to reach $X after three years of decline. Overall, consumption, however, continues to indicate a drastic downturn. Porous-tipped pen consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Porous-Tipped Pen Exports

Exports from Angola

In 2021, approx. X units of porous-tipped pens and markers were exported from Angola; waning by -58.5% on the previous year. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2013 when exports increased by 1,254% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, porous-tipped pen exports contracted rapidly to $X in 2021. Over the period under review, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2013 with an increase of 737% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for porous-tipped pen exports from Angola, accounting for a 93% share of total exports. Moreover, porous-tipped pen exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, the Netherlands (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Democratic Republic of the Congo totaled -9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-4.4% per year) and Portugal (-16.4% per year).

In value terms, Democratic Republic of the Congo ($X) also remains the key foreign market for porous-tipped pens and markers exports from Angola.

From 2012 to 2021, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at -11.3%.

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, growing by 6.9% against the previous year. Over the period under review, the export price, however, continues to indicate a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 55%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+35.8%), while the prices for the other major destinations experienced a decline.

Porous-Tipped Pen Imports

Imports into Angola

After three years of decline, overseas purchases of porous-tipped pens and markers increased by 91% to X units in 2021. Over the period under review, imports, however, showed a deep contraction. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, porous-tipped pen imports skyrocketed to $X in 2021. In general, imports, however, showed a perceptible decrease. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest porous-tipped pen supplier to Angola, accounting for a 65% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), fourfold. South Africa (X units) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -5.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-15.8% per year) and South Africa (-14.3% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to Angola, comprising 34% of total imports. The second position in the ranking was held by Portugal ($X), with a 16% share of total imports. It was followed by France, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (-14.6% per year) and France (+20.4% per year).

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, picking up by 33% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, porous-tipped pen import price increased by +114.8% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 62% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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