MERCOSUR: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in MERCOSUR

In 2021, the MERCOSUR porous-tipped pen market increased by 3.9% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption showed a pronounced slump. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Porous-Tipped Pen Production in MERCOSUR

In value terms, porous-tipped pen production totaled $X in 2021 estimated in export price. In general, production, however, showed a deep slump. The growth pace was the most rapid in 2015 with an increase of 28%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Porous-Tipped Pen Exports

Exports in MERCOSUR

In 2021, approx. X units of porous-tipped pens and markers were exported in MERCOSUR; picking up by 1.5% against 2020 figures. In general, exports, however, showed a perceptible contraction. The most prominent rate of growth was recorded in 2019 with an increase of 11% against the previous year. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, porous-tipped pen exports stood at $X in 2021. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 9.9% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Peru was the main exporter of porous-tipped pens and markers in MERCOSUR, with the volume of exports reaching X units, which was near 60% of total exports in 2021. Colombia (X units) ranks second in terms of the total exports with a 26% share, followed by Brazil (8.5%). Chile (X units) followed a long way behind the leaders.

Exports from Peru decreased at an average annual rate of -3.5% from 2012 to 2021. At the same time, Brazil (+3.5%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +3.5% from 2012-2021. By contrast, Colombia (-1.6%) and Chile (-14.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Colombia, Brazil and Peru increased by +5.3, +4.2 and +3.1 percentage points, respectively.

In value terms, Peru ($X) remains the largest porous-tipped pen supplier in MERCOSUR, comprising 54% of total exports. The second position in the ranking was held by Colombia ($X), with a 25% share of total exports. It was followed by Brazil, with a 9.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Peru stood at -4.1%. In the other countries, the average annual rates were as follows: Colombia (-2.9% per year) and Brazil (-1.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per unit in 2021, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by 5.1% against the previous year. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Chile ($X per unit), while Peru ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Chile (+6.0%), while the other leaders experienced a decline in the export price figures.

Porous-Tipped Pen Imports

Imports in MERCOSUR

In 2021, overseas purchases of porous-tipped pens and markers decreased by -5.5% to X units, falling for the third year in a row after two years of growth. Overall, imports recorded a mild contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, porous-tipped pen imports rose rapidly to $X in 2021. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 24% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Brazil (X units), Argentina (X units), Colombia (X units), Chile (X units), Peru (X units) and Ecuador (X units) represented roughly 93% of total imports in 2021. Paraguay (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Colombia (with a CAGR of +2.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Chile ($X), Brazil ($X) and Colombia ($X) were the countries with the highest levels of imports in 2021, together accounting for 63% of total imports.

Among the main importing countries, Chile, with a CAGR of +4.1%, saw the highest growth rate of 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 import price in MERCOSUR amounted to $X per unit, increasing by 17% against the previous year. Over the last nine years, it increased at an average annual rate of +1.0%. As a result, import 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 importers, the country with the highest price was Chile ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+3.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform