Benelux: Market for Pen Or Pencil Sets 2024

Market Size for Pen Or Pencil Sets in Benelux

The Benelux pen or pencil sets market fell sharply to $X in 2022, which is down by -22.6% against the previous year. Over the period under review, consumption continues to indicate a abrupt curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Pen Or Pencil Sets in Benelux

In value terms, pen or pencil sets production fell markedly to $X in 2022 estimated in export price. In general, production saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 98% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Pen Or Pencil Sets

Exports in Benelux

In 2022, after two years of growth, there was decline in overseas shipments of pen or pencil sets, when their volume decreased by -2.8% to X units. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 56%. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, pen or pencil sets exports stood at $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 36% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands was the main exporting country with an export of around X units, which recorded 70% of total exports. It was distantly followed by Belgium (X units), creating a 30% share of total exports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of exports of pen or pencil sets. At the same time, Belgium (+4.4%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +4.4% from 2012-2022. While the share of Belgium (+9.3 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (-9.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest pen or pencil sets supplier in Benelux, comprising 79% of total exports. The second position in the ranking was taken by Belgium ($X), with a 21% share of total exports.

In the Netherlands, pen or pencil sets exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, growing by 4.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by 58%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Belgium stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.5%).

Imports of Pen Or Pencil Sets

Imports in Benelux

In 2022, supplies from abroad of pen or pencil sets decreased by -14.7% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, recorded tangible growth. The growth pace was the most rapid in 2020 when imports increased by 103% against the previous year. The volume of import peaked at X units in 2021, and then declined in the following year.

In value terms, pen or pencil sets imports shrank to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

In 2022, the Netherlands (X units) represented the major importer of pen or pencil sets, mixing up 75% of total imports. It was distantly followed by Belgium (X units), achieving a 25% share of total imports.

The Netherlands was also the fastest-growing in terms of the pen or pencil sets imports, with a CAGR of +6.4% from 2012 to 2022. Belgium experienced a relatively flat trend pattern. From 2012 to 2022, the share of the Netherlands increased by +15 percentage points.

In value terms, the largest pen or pencil sets importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Among the main importing countries, Belgium, with a CAGR of +1.8%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, picking up by 2.4% against the previous year. Overall, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2013 an increase of 15% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.4%).

Source: IndexBox Platform