Dominican Republic: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in the Dominican Republic

The Dominican market for pens, stylos and similar stationery surged to $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Pens, Stylos And Similar Stationery in the Dominican Republic

In value terms, pens, stylos and similar stationery production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports from the Dominican Republic

In 2022, overseas shipments of pens, stylos and similar stationery increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2018; afterwards, it flattened through to 2022.

In value terms, pens, stylos and similar stationery exports surged to $X in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.

Exports by Country

Bolivia (X units) was the main destination for pens, stylos and similar stationery exports from the Dominican Republic, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Bolivia exceeded the volume sent to the second major destination, Colombia (X units), threefold. El Salvador (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bolivia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and El Salvador (X% per year).

In value terms, Bolivia ($X), Colombia ($X) and Panama ($X) constituted the largest markets for pens, stylos and similar stationery exported from the Dominican Republic worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Colombia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for pens, stylos and similar stationery amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price enjoyed a mild expansion. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a 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 the United States ($X per unit), while the average price for exports to El Salvador ($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 Colombia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into the Dominican Republic

In 2022, after two years of decline, there was significant growth in supplies from abroad of pens, stylos and similar stationery, when their volume increased by X% to X units. In general, imports posted a buoyant expansion. 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. Over the period under review, total imports indicated a buoyant increase 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

Mexico (X units), China (X units) and Malaysia (X units) were the main suppliers of pens, stylos and similar stationery imports to the Dominican Republic, with a combined X% share of total imports. The United States, Germany, Guatemala, Japan, Peru and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Guatemala (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and Malaysia ($X) were the largest pens, stylos and similar stationery suppliers to the Dominican Republic, with a combined X% share of total imports. Germany, the United States, Japan, India, Peru and Guatemala lagged somewhat behind, together comprising a further X%.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for pens, stylos and similar stationery stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price showed a noticeable decrease. The growth pace was the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Guatemala (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 Germany (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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