Italy: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Italy

The Italian porous-tipped pen market reduced sharply to $X in 2021, with a decrease of -31% against the previous year. In general, consumption saw a deep reduction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Porous-Tipped Pen Production in Italy

In value terms, porous-tipped pen production stood at $X in 2021 estimated in export price. In general, production saw a noticeable curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 70% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports from Italy

Porous-tipped pen exports from Italy reached X units in 2021, with an increase of 1.5% against 2020. The total export volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 12% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, porous-tipped pen exports totaled $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations 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

France (X units), Germany (X units) and the United States (X units) were the main destinations of porous-tipped pen exports from Italy, together accounting for 49% of total exports. Canada, Spain, Greece, the UK, Russia, Israel, the Netherlands, Turkey, Hong Kong SAR and Hungary lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +19.2%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the United States ($X) constituted the largest markets for porous-tipped pen exported from Italy worldwide, together comprising 44% of total exports. Spain, Canada, Russia, Greece, the UK, the Netherlands, Turkey, Israel, Hong Kong SAR and Hungary lagged somewhat behind, together accounting for a further 40%.

In terms of the main countries of destination, Canada, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, picking up by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Italy

In 2021, the amount of porous-tipped pens and markers imported into Italy surged to X units, picking up by 21% compared with the previous year's figure. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 21% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, porous-tipped pen imports soared to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +107.5% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest porous-tipped pen supplier to Italy, with a 46% share of total imports. Moreover, porous-tipped pen imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by Japan (X units), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +11.8%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+8.1% per year) and Japan (+2.5% per year).

In value terms, Germany ($X) constituted the largest supplier of porous-tipped pens and markers to Italy, comprising 47% of total imports. The second position in the ranking was held by Japan ($X), with a 13% share of total imports. It was followed by China, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+4.8% per year) and China (+10.3% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, growing by 30% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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