GCC: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in GCC

The GCC market for pens, stylos and similar stationery shrank to $X in 2022, reducing by X% against the previous year. The total consumption indicated temperate growth 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. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Production of Pens, Stylos And Similar Stationery in GCC

In value terms, pens, stylos and similar stationery production dropped slightly to $X in 2022 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports in GCC

In 2022, shipments abroad 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 prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pens, stylos and similar stationery exports surged to $X in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The biggest shipments were from the United Arab Emirates (X units), together reaching X% of total export.

The United Arab Emirates was also the fastest-growing in terms of the pens, stylos and similar stationery exports, with a CAGR of X% from 2012 to 2022. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) also remains the largest pens, stylos and similar stationery supplier in GCC.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates totaled X%.

Export Prices by Country

The export price in GCC stood at less than $X per unit in 2022, declining by X% against the previous year. Overall, the export price, however, showed a measured increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Imports of Pens, Stylos And Similar Stationery

Imports in GCC

Pens, stylos and similar stationery imports shrank modestly to X units in 2022, waning by X% against 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, pens, stylos and similar stationery imports rose notably to $X in 2022. Over the period under review, imports showed a noticeable downturn. The growth pace was the most rapid in 2019 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates dominates imports structure, amounting to X units, which was near X% of total imports in 2022. Oman (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%). Bahrain (X units) and Qatar (X units) took a minor share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of pens, stylos and similar stationery. At the same time, Qatar (X%), Bahrain (X%) and Oman (X%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in GCC, with a CAGR of X% from 2012-2022. By contrast, Kuwait (X%) illustrated a downward trend over the same period. While the share of Kuwait (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pens, stylos and similar stationery in GCC, comprising X% of total imports. The second position in the ranking was held by Qatar ($X), with a X% share of total imports. It was followed by Kuwait, with a X% share.

In the United Arab Emirates, pens, stylos and similar stationery imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Qatar (X% per year) and Kuwait (X% per year).

Import Prices by Country

The import price in GCC stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Qatar ($X per unit), while Oman ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform