Romania: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Romania

The Romanian porous-tipped pen market soared to $X in 2021, growing by 29% 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). Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +22.4% against 2018 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Porous-Tipped Pen Exports

Exports from Romania

Porous-tipped pen exports from Romania rose markedly to X units in 2021, picking up by 9% against the previous year. In general, total exports indicated prominent growth from 2012 to 2021: its volume 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, exports decreased by -2.0% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 48%. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, porous-tipped pen exports reached $X in 2021. Overall, exports showed a strong increase. The pace of growth was the most pronounced in 2018 when exports increased by 87%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Bulgaria (X units), Moldova (X units) and Italy (X units) were the main destinations of porous-tipped pen exports from Romania, with a combined 65% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +127.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for porous-tipped pen exported from Romania were Bulgaria ($X), Moldova ($X) and Italy ($X), with a combined 58% share of total exports.

Among the main countries of destination, Italy, with a CAGR of +150.8%, recorded the highest growth rate of 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 average porous-tipped pen export price stood at $X per unit in 2021, standing approx. at the previous year. Overall, export price indicated a slight increase from 2012 to 2021: its price increased at an average annual rate of +1.3% 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 decreased by -25.2% against 2018 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 34% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Italy ($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 Turkey (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Romania

In 2021, overseas purchases of porous-tipped pens and markers increased by 21% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, total imports indicated a moderate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 22%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, porous-tipped pen imports skyrocketed to $X in 2021. In general, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.1% 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 +26.0% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Germany (X units) and Slovakia (X units) were the main suppliers of porous-tipped pen imports to Romania, together comprising 65% of total imports. Hungary, Spain, France, Poland, Bulgaria, the Netherlands, the Czech Republic, Austria and Italy lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +40.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of porous-tipped pens and markers to Romania, comprising 34% of total imports. The second position in the ranking was held by China ($X), with a 14% share of total imports. It was followed by Slovakia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.7% per year) and Slovakia (+14.2% per year).

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, increasing by 6.5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.2%. The growth pace was the most rapid in 2019 an increase of 11% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

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 France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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