Latin America and the Caribbean: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Latin America and the Caribbean

The Latin American market for pens, stylos and similar stationery reduced notably to $X in 2022, shrinking by X% against the previous year. Over the period under review, consumption, however, recorded a strong expansion. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pens, Stylos And Similar Stationery in Latin America and the Caribbean

In value terms, pens, stylos and similar stationery production shrank rapidly to $X in 2022 estimated in export price. In general, production, however, saw a prominent expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports in Latin America and the Caribbean

In 2022, exports of pens, stylos and similar stationery in Latin America and the Caribbean skyrocketed to X units, with an increase of X% compared with the year before. Overall, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pens, stylos and similar stationery exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the three major exporters of pens, stylos and similar stationery, namely Nicaragua, Guatemala and Mexico, represented more than two-thirds of total export. El Salvador (X units) and Brazil (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Nicaragua (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($X) remains the largest pens, stylos and similar stationery supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Guatemala (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per thousand units in 2022, waning by X% against the previous year. In general, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices attained the maximum at $X per thousand units in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per thousand units), while Nicaragua ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by El Salvador (X%), while the other leaders experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports in Latin America and the Caribbean

In 2022, the amount of pens, stylos and similar stationery imported in Latin America and the Caribbean skyrocketed to X units, increasing by X% on 2021. Total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, pens, stylos and similar stationery imports surged to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Mexico prevails in imports structure, accounting for X units, which was approx. X% of total imports in 2022. It was distantly followed by Brazil (X units), committing a X% share of total imports. The following importers - Colombia (X units), Peru (X units), Chile (X units), Argentina (X units) and Costa Rica (X units) - together made up X% of total imports.

Imports into Mexico increased at an average annual rate of X% from 2012 to 2022. At the same time, Costa Rica (X%), Colombia (X%) and Chile (X%) displayed positive paces of growth. Moreover, Costa Rica emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. Brazil experienced a relatively flat trend pattern. By contrast, Peru (X%) and Argentina (X%) illustrated a downward trend over the same period. While the share of Mexico (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Colombia (X p.p.), Argentina (X p.p.), Peru (X p.p.) and Brazil (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported pens, stylos and similar stationery in Latin America and the Caribbean, comprising X% of total imports. The second position in the ranking was held by Brazil ($X), with a X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Mexico amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per thousand units, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable slump. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per thousand units in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per thousand units), while Costa Rica ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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