Mexico: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Mexico

The Mexican market for pens, stylos and similar stationery declined remarkably to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed significant growth. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Production of Pens, Stylos And Similar Stationery in Mexico

In value terms, pens, stylos and similar stationery production contracted notably to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, production attained 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 from Mexico

Pens, stylos and similar stationery exports from Mexico dropped slightly to X units in 2022, falling by X% compared with the previous year. In general, exports saw a pronounced setback. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, pens, stylos and similar stationery exports rose to $X in 2022. Overall, total exports indicated notable growth from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X units) was the main destination for pens, stylos and similar stationery exports from Mexico, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to the United States exceeded the volume sent to the second major destination, Guatemala (X units), more than tenfold. The third position in this ranking was held by Canada (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guatemala (X% per year) and Canada (X% per year).

In value terms, the United States ($X) remains the key foreign market for pens, stylos and similar stationery exports from Mexico, comprising X% of total exports. The second position in the ranking was held by Canada ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Guatemala (X% per year).

Export Prices by Country

In 2022, the average export price for pens, stylos and similar stationery amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into Mexico

In 2022, pens, stylos and similar stationery imports into Mexico soared to X units, increasing by X% compared with the previous year's figure. Over the period under review, total imports indicated buoyant 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 growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, pens, stylos and similar stationery imports soared to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value 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 2020 indices. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest pens, stylos and similar stationery supplier to Mexico, accounting for a X% share of total imports. Moreover, pens, stylos and similar stationery imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was held by Japan (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Japan (X% per year).

In value terms, the largest pens, stylos and similar stationery suppliers to Mexico were the United States ($X), China ($X) and Japan ($X), with a combined X% share of total imports.

The United States, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for pens, stylos and similar stationery amounted to $X per thousand units, rising by X% against the previous year. In general, the import price, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per thousand units in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per thousand units), while the price for the United States ($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 India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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