Costa Rica: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Costa Rica

In 2022, the Costa Rican market for pens, stylos and similar stationery increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption saw significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Pens, Stylos And Similar Stationery

Exports from Costa Rica

In 2022, exports of pens, stylos and similar stationery from Costa Rica skyrocketed to X units, picking up by X% against 2021 figures. Over the period under review, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, pens, stylos and similar stationery exports shrank notably to $X in 2022. Overall, exports, however, recorded a sharp reduction. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X units) was the main destination for pens, stylos and similar stationery exports from Costa Rica, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Vietnam exceeded the volume sent to the second major destination, Poland (X units), twofold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X.4% per year) and the United States (X% per year).

In value terms, Panama ($X), the United States ($X) and El Salvador ($X) constituted the largest markets for pens, stylos and similar stationery exported from Costa Rica worldwide, together accounting for X% of total exports. Guatemala, Nicaragua, Vietnam and Poland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at less than $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a dramatic curtailment. The pace of growth was the most pronounced in 2015 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nicaragua ($X per unit), while the average price for exports to Poland (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (X%), while the prices for the other major destinations experienced a decline.

Imports of Pens, Stylos And Similar Stationery

Imports into Costa Rica

In 2022, overseas purchases of pens, stylos and similar stationery increased by X% to X units, rising for the second consecutive year after five years of decline. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery imports skyrocketed to $X in 2022. In general, total imports indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Marshall Islands (X units), Indonesia (X units) and China (X units) were the main suppliers of pens, stylos and similar stationery imports to Costa Rica, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pens, stylos and similar stationery suppliers to Costa Rica were China ($X), Mexico ($X) and the United States ($X), with a combined X% share of total imports. Peru, Malaysia, Germany, Panama, Marshall Islands and Indonesia lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

In 2022, the average import price for pens, stylos and similar stationery amounted to less than $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Indonesia (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform