Scandinavia: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Scandinavia

In 2021, the Scandinavia porous-tipped pen market increased by 62% to $X, rising for the second year in a row after three years of decline. The total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 +69.4% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Porous-Tipped Pen Production in Scandinavia

In value terms, porous-tipped pen production declined to $X in 2021 estimated in export price. Overall, production, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 68%. The level of production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports in Scandinavia

In 2021, approx. X units of porous-tipped pens and markers were exported in Scandinavia; with an increase of 8.3% compared with the previous year's figure. In general, exports saw a strong increase. The most prominent rate of growth was recorded in 2015 with an increase of 48%. The volume of export peaked in 2021 and is likely to see steady growth in the immediate term.

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

Exports by Country

In 2021, Denmark (X units) was the largest exporter of porous-tipped pens and markers, generating 71% of total exports. It was distantly followed by Sweden (X units), making up a 27% share of total exports.

Denmark was also the fastest-growing in terms of the porous-tipped pens and markers exports, with a CAGR of +31.4% from 2012 to 2021. At the same time, Sweden (+7.3%) displayed positive paces of growth. From 2012 to 2021, the share of Denmark increased by +42 percentage points.

In value terms, the largest porous-tipped pen supplying countries in Scandinavia were Denmark ($X) and Sweden ($X).

Denmark, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, rising by 22% against the previous year. Overall, the export price, however, showed a deep reduction. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Denmark amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-0.2%).

Porous-Tipped Pen Imports

Imports in Scandinavia

After two years of growth, purchases abroad of porous-tipped pens and markers decreased by -11.7% to X units in 2021. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 29%. The volume of import peaked at X units in 2020, and then dropped in the following year.

In value terms, porous-tipped pen imports rose significantly to $X in 2021. The total import value increased at an average annual rate of +4.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 22%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X units) and Sweden (X units) were the key importers of porous-tipped pens and markers in Scandinavia, together constituting 78% of total imports. Finland (X units) took a 12% share (based on physical terms) of total imports, which put it in second place, followed by Norway (8.5%). Iceland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +17.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 84% share of total imports.

Denmark, with a CAGR of +10.3%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, jumping by 23% against the previous year. In general, the import price, however, showed a perceptible slump. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+0.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform