New Zealand: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in New Zealand

The New Zealand porous-tipped pen market expanded significantly to $X in 2021, increasing by 11% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +5.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Porous-Tipped Pen Exports

Exports from New Zealand

In 2021, porous-tipped pen exports from New Zealand surged to X units, picking up by 80% against the year before. In general, exports continue to indicate a noticeable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen exports soared to $X in 2021. Over the period under review, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X units), China (X units) and Papua New Guinea (X units) were the main destinations of porous-tipped pen exports from New Zealand, together accounting for 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Papua New Guinea (with a CAGR of +114.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for porous-tipped pen exported from New Zealand were Australia ($X), China ($X) and Papua New Guinea ($X), together comprising 71% of total exports.

Papua New Guinea, with a CAGR of +129.6%, recorded the highest rates of growth with regard to the value of exports, in terms of 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

The average porous-tipped pen export price stood at $X per unit in 2021, picking up by 14% against the previous year. Over the period under review, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +3.9% 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 +41.1% against 2017 indices. The growth pace was the most rapid in 2014 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to Tonga ($X per unit) and Brazil ($X per unit), while the average price for exports to China ($X per unit) and Papua New Guinea ($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 Vanuatu (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into New Zealand

In 2021, after two years of decline, there was significant growth in supplies from abroad of porous-tipped pens and markers, when their volume increased by 6.4% to X units. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 23% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, porous-tipped pen imports surged to $X in 2021. Overall, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +22.3% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 20% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest porous-tipped pen supplier to New Zealand, with a 35% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Germany (X units) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-0.1% per year) and Germany (+3.5% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to New Zealand, comprising 35% of total imports. The second position in the ranking was taken by the United States ($X), with a 13% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.9% per year) and Germany (+3.4% per year).

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, rising by 9.1% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% 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 import price increased by +71.4% against 2014 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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