Puerto Rico: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Puerto Rico

In 2021, the Puerto Rican market for pens, stylos and similar stationery increased by 6.4% to $X for the first time since 2015, thus ending a five-year declining trend. Over the period under review, consumption, however, showed a deep reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Pens, Stylos And Similar Stationery in Puerto Rico

In value terms, pens, stylos and similar stationery production expanded notably to $X in 2021 estimated in export price. Overall, production, however, saw a deep contraction. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Pens, Stylos And Similar Stationery

Exports from Puerto Rico

In 2021, approx. less than X units of pens, stylos and similar stationery were exported from Puerto Rico; almost unchanged from the previous year. In general, exports recorded a relatively flat trend pattern.

In value terms, pens, stylos and similar stationery exports stood at less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

China (X units) and Japan (X units) represented the major exporters of pens, stylos and similar stationery in 2021, amounting to approx. 22% and 17% of total exports, respectively. France (X units) took a 9.8% share (based on physical terms) of total exports, which put it in second place, followed by Mexico (6.5%) and Germany (4.7%). Tunisia (X units), the United States (X units), India (X units), the Netherlands (X units), Slovakia (X units), Spain (X units), Poland (X units) and Ireland (X units) took a minor share of total exports.

From 2012 to 2021, the biggest increases were recorded for Tunisia (with a CAGR of +19.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest pens, stylos and similar stationery supplying countries from Puerto Rico were China ($X), Japan ($X) and Germany ($X), together comprising 54% of total exports. These countries were followed by France, Mexico, the United States, India, the Netherlands, Poland, Slovakia, Ireland, Spain and Tunisia, which together accounted for a further 29%.

Among the main exporting countries, Tunisia, with a CAGR of +32.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while Tunisia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+23.1%), while the other leaders experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into Puerto Rico

Pens, stylos and similar stationery imports into Puerto Rico totaled less than X units in 2021, remaining constant against the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern.

In value terms, pens, stylos and similar stationery imports amounted to less than $X in 2021. Overall, imports showed a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), distantly followed by France (X units), Russia (X units) and the UK (X units) represented the main importers of pens, stylos and similar stationery, together achieving 32% of total imports. Germany (X units), the Netherlands (X units), Mexico (X units), Slovakia (X units), Poland (X units), China (X units), Spain (X units), Indonesia (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to pens, stylos and similar stationery imports into the United States stood at -5.8%. At the same time, China (+7.5%) and Poland (+2.5%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +7.5% from 2012-2021. France and Indonesia experienced a relatively flat trend pattern. By contrast, the Netherlands (-1.3%), Spain (-1.4%), Russia (-2.3%), Italy (-3.3%), Germany (-4.7%), Mexico (-6.9%), the UK (-10.3%) and Slovakia (-12.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of France and China increased by +2.4 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pens, stylos and similar stationery into Puerto Rico, comprising 16% of global imports. The second position in the ranking was taken by France ($X), with a 7.7% share of global imports. It was followed by Germany, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: France (+5.3% per year) and Germany (+3.5% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per thousand units), while Indonesia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+20.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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