Greece: Market for Pen Or Pencil Sets 2024

Exports of Pen Or Pencil Sets

Exports from Greece

In 2022, shipments abroad of pen or pencil sets increased by 226% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 3,818% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, pen or pencil sets exports skyrocketed to $X in 2022. In general, exports posted a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 5,009% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Slovakia (X units), Cyprus (X units) and Bulgaria (X units) were the main destinations of pen or pencil sets exports from Greece, with a combined 64% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of +61.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Cyprus ($X) remains the key foreign market for pen or pencil sets exports from Greece, comprising 42% of total exports. The second position in the ranking was held by Bulgaria ($X), with an 18% share of total exports. It was followed by Portugal, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Cyprus stood at +39.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bulgaria (+53.9% per year) and Portugal (+63.7% per year).

Export Prices by Country

The average pen or pencil sets export price stood at $X per unit in 2022, which is down by -22% against the previous year. Over the period under review, the export price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 176% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average 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 Cyprus ($X per unit), while the average price for exports to Slovakia ($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 Romania (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pen Or Pencil Sets

Imports into Greece

After two years of decline, purchases abroad of pen or pencil sets increased by 17% to X units in 2022. Over the period under review, imports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of 105%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, pen or pencil sets imports soared to $X in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 52%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of pen or pencil sets to Greece, accounting for a 90% share of total imports. Moreover, pen or pencil sets imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), more than tenfold. The third position in this ranking was held by the Netherlands (X units), with a 1.6% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -12.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+27.8% per year) and the Netherlands (+8.9% per year).

In value terms, China ($X) constituted the largest supplier of pen or pencil sets to Greece, comprising 74% of total imports. The second position in the ranking was held by France ($X), with an 11% share of total imports. It was followed by the Netherlands, with a 6.2% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+52.7% per year) and the Netherlands (+8.9% per year).

Import Prices by Country

The average pen or pencil sets import price stood at $X per unit in 2022, picking up by 11% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pen or pencil sets import price increased by +55.4% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a 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 France ($X per unit), while the price for Belgium ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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