Europe: Market for Pen Or Pencil Sets 2024

Market Size for Pen Or Pencil Sets in Europe

The Europe pen or pencil sets market reduced to $X in 2022, waning by -2.8% against the previous year. Over the period under review, consumption showed a abrupt descent. 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 Europe

In value terms, pen or pencil sets production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of 4.9%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Pen Or Pencil Sets

Exports in Europe

In 2022, shipments abroad of pen or pencil sets increased by 4.2% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 35%. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, pen or pencil sets exports dropped to $X in 2022. Over the period under review, exports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by 28% against the previous year. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X units), distantly followed by Poland (X units), Germany (X units), Belgium (X units), Austria (X units), Hungary (X units), the UK (X units) and France (X units) were the key exporters of pen or pencil sets, together committing 77% of total exports. Russia (X units), Italy (X units), Belarus (X units), the Czech Republic (X units) and Slovenia (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of +45.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, with a combined 47% share of total exports. These countries were followed by France, Italy, Belgium, the UK, the Czech Republic, Austria, Hungary, Russia, Slovenia and Belarus, which together accounted for a further 46%.

Belarus, with a CAGR of +41.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, reducing by -12.1% against the previous year. In general, the export price continues to indicate a mild reduction. The pace of growth was the most pronounced in 2019 an increase of 24% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the other leaders experienced more modest paces of growth.

Imports of Pen Or Pencil Sets

Imports in Europe

After two years of growth, purchases abroad of pen or pencil sets decreased by -5.8% to X units in 2022. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2016 when imports increased by 9%. 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 contracted modestly to $X in 2022. Over the period under review, imports continue to indicate a noticeable downturn. The pace of growth was the most pronounced in 2021 when imports increased by 9.2% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X units), distantly followed by the Netherlands (X units), Spain (X units), Russia (X units), Germany (X units), Italy (X units) and Poland (X units) were the largest importers of pen or pencil sets, together constituting 70% of total imports. France (X units), Belgium (X units), Portugal (X units), Ireland (X units), Belarus (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +11.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the UK ($X) and Germany ($X) were the countries with the highest levels of imports in 2022, together comprising 40% of total imports. These countries were followed by France, Poland, the Netherlands, Russia, Italy, Belgium, Portugal, Romania, Ireland and Belarus, which together accounted for a further 44%.

In terms of the main importing countries, Poland, with a CAGR of +11.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per unit, surging by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2014 when the import price increased by 14% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform