Argentina: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Argentina

In 2021, the Argentinian porous-tipped pen market increased by 12% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a relatively flat trend pattern. Porous-tipped pen consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports from Argentina

In 2021, the amount of porous-tipped pens and markers exported from Argentina contracted to X units, falling by -5.9% on the year before. Overall, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2015 with an increase of 26% against the previous year. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, porous-tipped pen exports reached $X in 2021. Over the period under review, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 with an increase of 42%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X units) was the main destination for porous-tipped pen exports from Argentina, accounting for a 72% share of total exports. Moreover, porous-tipped pen exports to Chile exceeded the volume sent to the second major destination, Uruguay (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Chile stood at +3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-6.0% per year) and Paraguay (-27.1% per year).

In value terms, Chile ($X) remains the key foreign market for porous-tipped pens and markers exports from Argentina, comprising 75% of total exports. The second position in the ranking was taken by Uruguay ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Chile stood at +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (-5.7% per year) and Paraguay (-27.6% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, growing by 8.5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2015 an increase of 12%. As a result, the export price attained the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Paraguay ($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 Brazil (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Argentina

In 2021, the amount of porous-tipped pens and markers imported into Argentina fell to X units, remaining stable against the year before. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 when imports increased by 20%. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, porous-tipped pen imports surged to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of porous-tipped pen to Argentina, accounting for a 72% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), more than tenfold. Mexico (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-12.3% per year) and Mexico (-1.4% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to Argentina, comprising 52% of total imports. The second position in the ranking was held by Germany ($X), with an 8% share of total imports. It was followed by the United States, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.0% per year) and the United States (+2.1% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, picking up by 16% against the previous year. Overall, the import price, however, saw a slight decrease. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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