Latin America and the Caribbean: Pen Accessoires Market 2020

Pen Accessoires Market Size in Latin America and the Caribbean

The revenue of the pen accessoires market in Latin America and the Caribbean amounted to $X in 2017, reducing by -X% against the previous year. The pen accessoires consumption continues to indicate a dramatic setback. The pace of growth appeared the most rapid in 2016, with an increase of -X% year-to-year. Over the period under review, the pen accessoires market attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Pen Accessoires Production in Latin America and the Caribbean

In 2017, pen accessoires production in Latin America and the Caribbean stood at X units, coming up by X% against the previous year. The pen accessoires production continues to indicate a strong increase. The pace of growth was the most pronounced in 2017, when the output figure increased by X% year-to-year. In that year, the pen accessoires production attained their peak volume, and is likely to continue its growth in the immediate term.

Pen Accessoires Exports in Latin America and the Caribbean

In 2017, approx. X units of pen nibs and nib points, duplicating stylos, pen-holders and pencil-holders were exported in Latin America and the Caribbean; increasing by X% against the previous year. The pen accessoires exports continue to indicate a prominent growth. The growth pace was the most rapid in 2016, when exports increased by X% y-o-y. Over the period under review, the pen accessoires exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, pen accessoires exports stood at $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The level of exports peaked in 2017, and are likely to see steady growth in the near future.

Pen Accessoires Exports by Country in Latin America and the Caribbean

Mexico prevails in pen accessoires exports structure, reaching X units, which was near X% of total exports in 2017. Peru (X units) and Panama (X units) held the mild share of total exports.

Mexico was also the fastest growing in terms of the pen nibs and nib points, duplicating stylos, pen-holders and pencil-holders exports, with a CAGR of +X% from 2007 to 2017. At the same time, Panama (+X%) and Peru (+X%) displayed positive paces of growth. Mexico (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) remains the largest pen accessoires supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Peru ($X), with a X% share of global exports. It was followed by Panama, with a X% share.

In Mexico, pen accessoires exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Peru (+X% per year) and Panama (-X% per year).

Pen Accessoires Export Prices by Country in Latin America and the Caribbean

In 2017, the pen accessoires export price in Latin America and the Caribbean amounted to $X per thousand units, waning by -X% against the previous year. The pen accessoires export price continues to indicate a deep setback. The pace of growth was the most pronounced in 2015, when the export prices increased by X% y-o-y. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Peru ($X per thousand units), while Panama ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Peru (+X% per year), while the other leaders experienced a decline in the export price figures.

Pen Accessoires Imports in Latin America and the Caribbean

In 2017, approx. X units of pen nibs and nib points, duplicating stylos, pen-holders and pencil-holders were imported in Latin America and the Caribbean; rising by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the pen accessoires imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, pen accessoires imports stood at $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the pen accessoires imports reached its peak figure level in 2017, and are expected to retain its growth in the near future.

Pen Accessoires Imports by Country in Latin America and the Caribbean

Mexico was the key importer of pen nibs and nib points, duplicating stylos, pen-holders and pencil-holders in Latin America and the Caribbean, with the volume of imports reaching X units, which was near X% of total imports in 2017. Colombia (X units) ranks second in terms of the global imports with a X% share, followed by Argentina (X%), Brazil (X%), Peru (X%) and Chile (X%). Ecuador (X units) held the minor share of total imports.

From 2007 to 2017, average annual rates of growth with regard to pen accessoires imports into Mexico stood at +X%. At the same time, Colombia (+X%), Peru (+X%) and Chile (+X%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Argentina and Ecuador experienced a relatively flat trend pattern. By contrast, Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Brazil increased by X% percentage points, while Chile (-X%), Peru (-X%), Colombia (-X%) and Mexico (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported pen nibs and nib points, duplicating stylos, pen-holders and pencil-holders in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Mexico stood at +X%. In the other countries, the average annual rates were as follows: Brazil (+X% per year) and Chile (+X% per year).

Pen Accessoires Import Prices by Country in Latin America and the Caribbean

The pen accessoires import price in Latin America and the Caribbean stood at $X per unit in 2017, declining by -X% against the previous year. The pen accessoires import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when the import prices increased by X% y-o-y. The level of import price peaked of $X per unit in 2016, and then declined slightly in the following year.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X per unit), while Colombia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform