Pakistan: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Pakistan

In 2021, the Pakistani porous-tipped pen market increased by 98% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw resilient growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Porous-Tipped Pen Exports

Exports from Pakistan

In 2021, shipments abroad of porous-tipped pens and markers was finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt contraction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, porous-tipped pen exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for porous-tipped pen exports from Pakistan, accounting for a 80% share of total exports. Moreover, porous-tipped pen exports to the United Arab Emirates exceeded the volume sent to the second major destination, Madagascar (X units), more than tenfold. The third position in this ranking was held by Kenya (X units), with a 3.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (-13.4% per year) and Kenya (-4.6% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for porous-tipped pens and markers exports from Pakistan, comprising 52% of total exports. The second position in the ranking was held by Madagascar ($X), with a 9.7% share of total exports. It was followed by Kenya, with a 7.7% share.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates stood at +2.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (-0.3% per year) and Kenya (+9.8% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, with an increase of 9.7% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.3% over the last nine years. 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 +73.5% against 2012 indices. The most prominent rate of growth was recorded in 2020 an increase of 20%. The export price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Pakistan

In 2021, after two years of decline, there was significant growth in overseas purchases of porous-tipped pens and markers, when their volume increased by 80% to X units. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, porous-tipped pen imports surged to $X in 2021. Overall, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest porous-tipped pen supplier to Pakistan, accounting for a 57% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. India (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-2.2% per year) and India (+1.6% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to Pakistan, comprising 58% of total imports. The second position in the ranking was taken by Japan ($X), with a 19% share of total imports. It was followed by India, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+0.6% per year) and India (+2.6% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, with an increase of 4.8% against the previous year. Over the last nine years, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2017 an increase of 11%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Vietnam ($X per unit) and Japan ($X per unit), while the price for the United Arab Emirates ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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