Chile: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Chile

The Chilean porous-tipped pen market was finally on the rise to reach $X in 2021, after two years of decline. In general, the total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Porous-tipped pen consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Porous-Tipped Pen Exports

Exports from Chile

In 2021, overseas shipments of porous-tipped pens and markers decreased by -25.2% to X units, falling for the second year in a row after two years of growth. In general, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2019 when exports increased by 57% against the previous year. Over the period under review, the exports reached the peak figure 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 shrank to $X in 2021. Over the period under review, exports showed a deep reduction. The pace of growth was the most pronounced in 2019 when exports increased by 51% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Bolivia (X units), the United States (X units) and Paraguay (X units) were the main destinations of porous-tipped pen exports from Chile, with a combined 84% share of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +101.7%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for porous-tipped pen exported from Chile were Bolivia ($X), the United States ($X) and Paraguay ($X), with a combined 84% share of total exports.

The United States, with a CAGR of +108.3%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, with an increase of 21% against the previous year. Overall, export price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, porous-tipped pen export price increased by +51.7% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average export price increased by 34%. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Guatemala ($X per unit) and Peru ($X per unit), while the average price for exports to Uruguay ($X per unit) and Bolivia ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Chile

In 2021, overseas purchases of porous-tipped pens and markers were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports saw a mild increase. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, porous-tipped pen imports skyrocketed to $X in 2021. In general, total imports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest porous-tipped pen supplier to Chile, accounting for a 46% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Japan (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.6% per year) and Japan (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to Chile, comprising 46% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by Japan, with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +11.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+3.7% per year) and Japan (-4.2% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, growing by 9.1% against the previous year. Overall, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine-year period. 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 +113.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 80%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Mexico ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and Peru ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :