Slovakia: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Slovakia

In 2021, the Slovak porous-tipped pen market decreased by -93% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption continues to indicate a sharp decline. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Porous-Tipped Pen Production in Slovakia

In value terms, porous-tipped pen production fell sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2017 with an increase of 572% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Porous-Tipped Pen Exports

Exports from Slovakia

Porous-tipped pen exports from Slovakia surged to X units in 2021, increasing by 48% against the previous year's figure. In general, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2017 when exports increased by 464% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, porous-tipped pen exports skyrocketed to $X in 2021. Overall, total exports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +108.2% against 2015 indices. The pace of growth was the most pronounced in 2017 when exports increased by 39%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X units) was the main destination for porous-tipped pen exports from Slovakia, accounting for a 62% share of total exports. Moreover, porous-tipped pen exports to France exceeded the volume sent to the second major destination, Hungary (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+17.8% per year) and Germany (+24.4% per year).

In value terms, France ($X) remains the key foreign market for porous-tipped pens and markers exports from Slovakia, comprising 64% of total exports. The second position in the ranking was held by Poland ($X), with a 6.5% share of total exports. It was followed by Germany, with a 5.9% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+13.4% per year) and Germany (+32.2% per year).

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, falling by -14.8% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 415% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Turkey ($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 Poland (+16.6%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into Slovakia

Porous-tipped pen imports into Slovakia declined modestly to X units in 2021, dropping by -3.2% on the previous year. In general, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2019 with an increase of 314% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, porous-tipped pen imports reached $X in 2021. Overall, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.8% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, France (X units) constituted the largest porous-tipped pen supplier to Slovakia, accounting for a 70% share of total imports. Moreover, porous-tipped pen imports from France exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), sixfold. Germany (X units) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual growth rate of volume from France totaled +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+9.1% per year) and Germany (+15.2% per year).

In value terms, France ($X) constituted the largest supplier of porous-tipped pens and markers to Slovakia, comprising 73% of total imports. The second position in the ranking was held by the Czech Republic ($X), with an 8.3% share of total imports. It was followed by Germany, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+6.2% per year) and Germany (+15.5% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, rising by 4.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 266% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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