Japan: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Japan

The Japanese porous-tipped pen market was finally on the rise to reach $X in 2021, after five years of decline. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Porous-Tipped Pen Production in Japan

In value terms, porous-tipped pen production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 34%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Porous-Tipped Pen Exports

Exports from Japan

In 2021, shipments abroad of porous-tipped pens and markers was finally on the rise to reach X units after three years of decline. Over the period under review, exports, however, saw a pronounced decline. The pace of growth appeared the most rapid in 2016 when exports increased by 17%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, porous-tipped pen exports surged to $X in 2021. The total export value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 19%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The United States (X units), China (X units) and Germany (X units) were the main destinations of porous-tipped pen exports from Japan, together accounting for 43% of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +8.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) were the largest markets for porous-tipped pen exported from Japan worldwide, with a combined 43% share of total exports.

China, with a CAGR of +15.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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, rising by 9.7% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2021: its price increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, porous-tipped pen export price increased by +68.8% against 2012 indices. The growth pace was the most rapid in 2020 an increase of 22%. The export price peaked in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were the Philippines ($X per unit) and Australia ($X per unit), while the average price for exports to South Korea ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Japan

In 2021, overseas purchases of porous-tipped pens and markers decreased by -3.2% to X units, falling for the second year in a row after two years of growth. Overall, imports recorded a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 9% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, porous-tipped pen imports rose modestly to $X in 2021. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 14%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Vietnam (X units) and South Korea (X units) were the main suppliers of porous-tipped pen imports to Japan, with a combined 88% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of -0.9%), while purchases for the other leaders experienced a decline.

In value terms, the largest porous-tipped pen suppliers to Japan were China ($X), Vietnam ($X) and South Korea ($X), with a combined 88% share of total imports.

In terms of the main suppliers, Vietnam, with a CAGR of +2.2%, recorded the highest rates of growth with regard to 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 2021, the average porous-tipped pen import price amounted to $X per unit, rising by 5.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2020 an increase of 12%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Thailand ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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