Report Update Nov 1, 2024

Azerbaijan - Porous-Tipped Pens and Markers - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Azerbaijan

The Azerbaijani porous-tipped pen market soared to $X in 2021, rising by 106% 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). In general, consumption recorded a significant expansion. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Porous-Tipped Pen Exports

Exports from Azerbaijan

In 2021, overseas shipments of porous-tipped pens and markers decreased by -98.9% to X units, falling for the second consecutive year after four years of growth. Overall, exports faced a abrupt contraction. The growth pace was the most rapid in 2019 when exports increased by 655%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, porous-tipped pen exports dropped remarkably to $X in 2021. In general, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 348%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), Georgia (X units) and the United Arab Emirates (X units) were the main destinations of porous-tipped pen exports from Azerbaijan, with a combined 86% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +21.5%), while the other leaders experienced a decline.

In value terms, the UK ($X), Georgia ($X) and the United Arab Emirates ($X) constituted the largest markets for porous-tipped pen exported from Azerbaijan worldwide, with a combined 93% share of total exports. Moreover, porous-tipped pen exports in the UK exceeded the figures recorded by the second-largest exporter, Georgia, twofold.

In terms of the main countries of destination, Georgia, with a CAGR of +24.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, with an increase of 24% against the previous year. In general, the export price enjoyed a slight expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 162%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to France ($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 Georgia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Porous-Tipped Pen Imports

Imports into Azerbaijan

In 2021, porous-tipped pen imports into Azerbaijan skyrocketed to X units, increasing by 113% against the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 1,204% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, porous-tipped pen imports surged to $X in 2021. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 969% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Turkey (X units), China (X units) and Vietnam (X units) were the main suppliers of porous-tipped pen imports to Azerbaijan, together accounting for 40% of total imports. The United Arab Emirates, Italy, Austria, India, Germany, Ukraine, Spain, Japan and Peru lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +133.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), the United Arab Emirates ($X) and Turkey ($X) were the largest porous-tipped pen suppliers to Azerbaijan, with a combined 36% share of total imports.

Vietnam, with a CAGR of +114.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, declining by -13.7% against the previous year. In general, the import price faced a abrupt slump. The growth pace was the most rapid in 2013 when the average import price increased by 8.6%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-3.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for porous-tipped pens and markers in the world?

China remains the largest porous-tipped pen consuming country worldwide, accounting for 22% of total volume. Moreover, porous-tipped pen consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The U.S. ranked third in terms of total consumption with a 10% share.

What are the largest producers of porous-tipped pens and markers in the world?

China constituted the country with the largest volume of porous-tipped pen production, accounting for 58% of total volume. Moreover, porous-tipped pen production in China exceeded the figures recorded by the second-largest producer, India, sixfold. Germany ranked third in terms of total production with a 4.2% share.

What are the leading suppliers of porous-tipped pens and markers to Azerbaijan?

In value terms, China constituted the largest supplier of porous-tipped pen to Azerbaijan, comprising 74% of total imports. The second position in the ranking was occupied by Vietnam, with a 5.6% share of total imports.

What are the leading importers of porous-tipped pens and markers from Azerbaijan?

In value terms, France emerged as the key foreign market for porous-tipped pen exports from Azerbaijan, comprising 88% of total exports. The second position in the ranking was occupied by the Netherlands $219), with a 11% share of total exports.

What is the average export price for porous-tipped pens and markers in Azerbaijan?

In 2020, the average porous-tipped pen export price amounted to $18 per unit, rising by 6,304% against the previous year.

What is the average import price for porous-tipped pens and markers in Azerbaijan?

The average porous-tipped pen import price stood at $0.5 per unit in 2020, falling by -4.2% against the previous year.

This report provides an in-depth analysis of the porous-tipped pen market in Azerbaijan. 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 32991230 - Felt-tipped and other porous-tipped pens and markers

Country coverage:

Azerbaijan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Azerbaijan
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
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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023