EU: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in the EU

The EU porous-tipped pen market expanded notably to $X in 2021, rising by 6.9% against the previous year. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when the market value increased by 9.5%. The level of consumption peaked in 2021 and is likely to see steady growth in years to come.

Porous-Tipped Pen Production in the EU

In value terms, porous-tipped pen production fell modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Porous-Tipped Pen Exports

Exports in the EU

For the third consecutive year, the European Union recorded growth in shipments abroad of porous-tipped pens and markers, which increased by 15% to X units in 2021. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Germany (X units), distantly followed by Italy (X units), France (X units), the Czech Republic (X units), the Netherlands (X units) and Slovakia (X units) represented the largest exporters of porous-tipped pens and markers, together committing 85% of total exports. Austria (X units) held a relatively small share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +21.3%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest porous-tipped pen supplier in the European Union, comprising 42% of total exports. The second position in the ranking was held by France ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Germany stood at +2.9%. In the other countries, the average annual rates were as follows: France (+4.3% per year) and the Netherlands (+16.9% per year).

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, rising by 6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 19% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.7%), while the other leaders experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports in the EU

Porous-tipped pen imports skyrocketed to X units in 2021, with an increase of 16% compared with 2020 figures. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% 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 +68.1% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen imports surged to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +7.9% 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 +93.9% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

France (X units) and Germany (X units) represented roughly 41% of total imports in 2021. Spain (X units) took the next position in the ranking, followed by the Czech Republic (X units), the Netherlands (X units), Poland (X units), Belgium (X units) and Italy (X units). All these countries together took approx. 38% share of total imports. The following importers - Slovakia (X units), Denmark (X units), Greece (X units), Sweden (X units) and Austria (X units) - together made up 12% of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, with a combined 49% share of total imports. These countries were followed by Spain, Poland, Italy, the Czech Republic, Belgium, Slovakia, Austria, Sweden, Denmark and Greece, which together accounted for a further 42%.

Poland, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per unit, picking up by 8.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2020 when the import price increased by 14% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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