Germany: Market for Pen Or Pencil Sets 2024

Market Size for Pen Or Pencil Sets in Germany

In 2022, the German pen or pencil sets market decreased by -5.8% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a abrupt descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pen Or Pencil Sets in Germany

In value terms, pen or pencil sets production fell to $X in 2022 estimated in export price. Overall, production showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 when the production volume increased by 16% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Exports of Pen Or Pencil Sets

Exports from Germany

In 2022, overseas shipments of pen or pencil sets increased by 3% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, pen or pencil sets exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units), Austria (X units) and Switzerland (X units) were the main destinations of pen or pencil sets exports from Germany, with a combined 42% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of +6.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pen or pencil sets exported from Germany were Austria ($X), Switzerland ($X) and Poland ($X), with a combined 29% share of total exports. These countries were followed by France, the UK, Spain, South Korea, the Netherlands, Belgium, Italy, Hungary, the Czech Republic and Denmark, which together accounted for a further 37%.

Spain, with a CAGR of +1.4%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average pen or pencil sets export price amounted to $X per unit, reducing by -16.5% against the previous year. Over the period under review, the export price continues to indicate a noticeable setback. The growth pace was the most rapid in 2018 when the average export price increased by 6.3%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Poland ($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 South Korea (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pen Or Pencil Sets

Imports into Germany

In 2022, approx. X units of pen or pencil sets were imported into Germany; which is down by -6.6% compared with 2021 figures. In general, imports continue to indicate a pronounced slump. The most prominent rate of growth was recorded in 2017 with an increase of 39%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, pen or pencil sets imports rose slightly to $X in 2022. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 27% against the previous year. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest pen or pencil sets supplier to Germany, accounting for a 79% share of total imports. Moreover, pen or pencil sets imports from China exceeded the figures recorded by the second-largest supplier, Austria (X units), eightfold. The third position in this ranking was taken by the Czech Republic (X units), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-6.9% per year) and the Czech Republic (-16.2% per year).

In value terms, China ($X) constituted the largest supplier of pen or pencil sets to Germany, comprising 63% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 7.1% share of total imports. It was followed by Austria, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-9.5% per year) and Austria (-7.8% per year).

Import Prices by Country

The average pen or pencil sets import price stood at $X per unit in 2022, with an increase of 11% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 31%. Over the period under review, average import prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Poland ($X per unit), while the price for Austria ($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 (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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