Czech Republic: Market for Pen Or Pencil Sets 2024

Market Size for Pen Or Pencil Sets in the Czech Republic

The Czech pen or pencil sets market rose remarkably to $X in 2022, surging by 8.3% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pen Or Pencil Sets in the Czech Republic

In value terms, pen or pencil sets production expanded notably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 54% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Pen Or Pencil Sets

Exports from the Czech Republic

Pen or pencil sets exports from the Czech Republic contracted significantly to X units in 2022, with a decrease of -17.3% on 2021 figures. In general, exports saw a mild downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 157%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, pen or pencil sets exports contracted rapidly to $X in 2022. Overall, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 195%. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for pen or pencil sets exports from the Czech Republic, with a 74% share of total exports. Moreover, pen or pencil sets exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), more than tenfold. Poland (X units) ranked third in terms of total exports with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Germany stood at -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-5.7% per year) and Poland (-3.7% per year).

In value terms, Germany ($X) remains the key foreign market for pen or pencil sets exports from the Czech Republic, comprising 57% of total exports. The second position in the ranking was held by Hungary ($X), with an 18% share of total exports. It was followed by Slovakia, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+33.9% per year) and Slovakia (-6.4% per year).

Export Prices by Country

In 2022, the average pen or pencil sets export price amounted to $X per unit, falling by -5.3% against the previous year. Overall, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pen or pencil sets export price decreased by -9.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 55%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Portugal ($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 Hungary (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pen Or Pencil Sets

Imports into the Czech Republic

In 2022, imports of pen or pencil sets into the Czech Republic dropped markedly to X units, reducing by -18.5% compared with 2021. In general, imports recorded a abrupt descent. The pace of growth appeared the most rapid in 2016 when imports increased by 21%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pen or pencil sets imports plummeted to $X in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 24% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Poland (X units), China (X units) and Germany (X units) were the main suppliers of pen or pencil sets imports to the Czech Republic, with a combined 91% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +41.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Germany ($X) and Poland ($X) constituted the largest pen or pencil sets suppliers to the Czech Republic, with a combined 82% share of total imports.

Among the main suppliers, Poland, with a CAGR of +24.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average pen or pencil sets import price amounted to $X per unit, shrinking by -56.7% against the previous year. In general, the import price saw a slight curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then fell dramatically in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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