Eastern Asia - Pen or Pencil Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEastern Asia: Market for Pen Or Pencil Sets 2024
Market Size for Pen Or Pencil Sets in Eastern Asia
The East Asian pen or pencil sets market was finally on the rise to reach $X in 2022, after nine years of decline. In general, consumption, however, continues to indicate a abrupt decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Production of Pen Or Pencil Sets in Eastern Asia
In value terms, pen or pencil sets production expanded slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a pronounced decrease. The growth pace was the most rapid in 2020 when the production volume increased by 16% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Exports of Pen Or Pencil Sets
Exports in Eastern Asia
In 2022, after three years of growth, there was decline in overseas shipments of pen or pencil sets, when their volume decreased by -0.5% to X units. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 625%. The volume of export peaked at X units in 2021, and then declined slightly in the following year.
In value terms, pen or pencil sets exports rose sharply to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 32%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
Exports by Country
China (X units) represented roughly 99% of total exports in 2022.
China was also the fastest-growing in terms of the pen or pencil sets exports, with a CAGR of +14.1% from 2012 to 2022. While the share of China (+12 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) also remains the largest pen or pencil sets supplier in Eastern Asia.
In China, pen or pencil sets exports remained relatively stable over the period from 2012-2022.
Export Prices by Country
In 2022, the export price in Eastern Asia amounted to $X per unit, with an increase of 15% against the previous year. Over the period under review, the export price, however, saw a deep reduction. The growth pace was the most rapid in 2014 when the export price increased by 22%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -11.8% per year.
Imports of Pen Or Pencil Sets
Imports in Eastern Asia
In 2022, supplies from abroad of pen or pencil sets increased by 17% to X units, rising for the second year in a row after four years of decline. In general, imports, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2021 when imports increased by 48% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.
In value terms, pen or pencil sets imports totaled $X in 2022. Over the period under review, imports, however, saw a abrupt slump. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
Hong Kong SAR represented the largest importing country with an import of around X units, which finished at 42% of total imports. South Korea (X units) held the second position in the ranking, followed by China (X units), Taiwan (Chinese) (X units) and Japan (X units). All these countries together held approx. 57% share of total imports.
Imports into Hong Kong SAR decreased at an average annual rate of -6.8% from 2012 to 2022. At the same time, China (+2.2%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Eastern Asia, with a CAGR of +2.2% from 2012-2022. Taiwan (Chinese) experienced a relatively flat trend pattern. By contrast, Japan (-1.5%) and South Korea (-2.2%) illustrated a downward trend over the same period. While the share of China (+8.8 p.p.), South Korea (+3.7 p.p.), Taiwan (Chinese) (+3.3 p.p.) and Japan (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Hong Kong SAR (-14.1 p.p.) displayed negative dynamics.
In value terms, the largest pen or pencil sets importing markets in Eastern Asia were Hong Kong SAR ($X), South Korea ($X) and China ($X), together comprising 80% of total imports.
In terms of the main importing countries, China, with a CAGR of +2.7%, 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 trends in the imports figures.
Import Prices by Country
In 2022, the import price in Eastern Asia amounted to $X per unit, reducing by -12.4% against the previous year. In general, the import price continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2014 when the import price increased by 16% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the import prices failed to regain momentum.
Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in South Korea ($X per unit) and Taiwan (Chinese) ($X per unit), while Hong Kong SAR ($X per unit) and Japan ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.9%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pen or pencil sets in Eastern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991410 - Pen or pencil sets containing two or more writing instruments
Country coverage:
- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Eastern Asia, split by region and country
- Trade (exports and imports) in Eastern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- China
- Hong Kong SAR
- Macao SAR
- Japan
- South Korea
- Taiwan (Chinese)
- Democratic People's Republic of Korea
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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