Portugal: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Portugal

The Portuguese porous-tipped pen market soared to $X in 2021, increasing by 17% 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). In general, consumption, however, enjoyed resilient growth. Porous-tipped pen consumption peaked in 2021 and is likely to see gradual growth in years to come.

Porous-Tipped Pen Exports

Exports from Portugal

In 2021, exports of porous-tipped pens and markers from Portugal shrank dramatically to X units, waning by -21.2% against the previous year's figure. Over the period under review, exports showed a perceptible setback. The pace of growth appeared the most rapid in 2013 with an increase of 229%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, porous-tipped pen exports rose sharply to $X in 2021. In general, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2013 with an increase of 141%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Angola (X units), Cabo Verde (X units) and Italy (X units) were the main destinations of porous-tipped pen exports from Portugal, together comprising 65% of total exports. Spain, Germany, Cyprus, the UK, France, Sao Tome and Principe and Poland lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cyprus (with a CAGR of +67.9%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for porous-tipped pens and markers exports from Portugal, comprising 34% of total exports. The second position in the ranking was held by Spain ($X), with a 13% share of total exports. It was followed by Angola, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Italy amounted to +68.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+25.6% per year) and Angola (-16.2% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, rising by 34% against the previous year. Over the period under review, the export price, however, saw a mild slump. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Sao Tome and Principe ($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 Cyprus (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Portugal

After four years of growth, purchases abroad of porous-tipped pens and markers decreased by -3.3% to X units in 2021. In general, total imports indicated perceptible growth from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +33.2% against 2015 indices. The most prominent rate of growth was recorded in 2018 when imports increased by 27%. Imports peaked at X units in 2020, and then shrank modestly in the following year.

In value terms, porous-tipped pen imports surged to $X in 2021. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, 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

Spain (X units), China (X units) and Germany (X units) were the main suppliers of porous-tipped pen imports to Portugal, together comprising 82% of total imports. France, Italy, the Czech Republic, Malaysia and the Netherlands lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +35.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of porous-tipped pens and markers to Portugal, comprising 44% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by China, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and China (+12.7% per year).

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, growing by 25% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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