Croatia: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Croatia

After two years of decline, the Croatian porous-tipped pen market increased by 28% to $X in 2021. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2021 and is likely to continue growth in the near future.

Porous-Tipped Pen Production in Croatia

In value terms, porous-tipped pen production declined to $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 17%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports from Croatia

In 2021, overseas shipments of porous-tipped pens and markers increased by 4.7% to X units, rising for the fourth consecutive year after two years of decline. In general, exports recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 64%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, porous-tipped pen exports skyrocketed to $X in 2021. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 120%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Hungary (X units), Serbia (X units) and Italy (X units) were the main destinations of porous-tipped pen exports from Croatia, with a combined 59% 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 Italy (with a CAGR of +232.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for porous-tipped pen exported from Croatia were Italy ($X), Serbia ($X) and Slovenia ($X), together comprising 68% of total exports.

Italy, with a CAGR of +273.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, surging by 39% against the previous year. In general, the export price posted a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by 44%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Austria ($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 Bosnia and Herzegovina (+15.7%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Croatia

In 2021, the amount of porous-tipped pens and markers imported into Croatia rose sharply to X units, with an increase of 14% on the previous year. Overall, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 31% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports remained at a lower figure.

In value terms, porous-tipped pen imports surged to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 35%. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Germany (X units), China (X units) and Italy (X units) were the main suppliers of porous-tipped pen imports to Croatia, with a combined 67% share of total imports. Hungary, Slovenia, Vietnam, Poland, the Czech Republic, Slovakia, the Netherlands, France and Japan lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Slovakia (with a CAGR of +124.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of porous-tipped pens and markers to Croatia, comprising 54% of total imports. The second position in the ranking was held by Vietnam ($X), with an 8.1% share of total imports. It was followed by China, with a 7.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+31.2% per year) and China (-1.6% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, with an increase of 14% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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