South Africa - Pen or Pencil Sets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouth Africa: Market for Pen Or Pencil Sets 2024
Market Size for Pen Or Pencil Sets in South Africa
In 2022, the South African pen or pencil sets market increased by 1.2% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a abrupt slump. Pen or pencil sets consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Production of Pen Or Pencil Sets in South Africa
In value terms, pen or pencil sets production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 15% against the previous year. Pen or pencil sets production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Exports of Pen Or Pencil Sets
Exports from South Africa
In 2022, shipments abroad of pen or pencil sets increased by 99% to X units, rising for the second consecutive year after six years of decline. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of 167% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.
In value terms, pen or pencil sets exports soared to $X in 2022. Overall, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 59% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.
Exports by Country
Namibia (X units) was the main destination for pen or pencil sets exports from South Africa, accounting for a 47% share of total exports. Moreover, pen or pencil sets exports to Namibia exceeded the volume sent to the second major destination, the UK (X units), fourfold. Botswana (X units) ranked third in terms of total exports with an 11% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Namibia amounted to -16.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+177.6% per year) and Botswana (+14.0% per year).
In value terms, Namibia ($X) remains the key foreign market for pen or pencil sets exports from South Africa, comprising 47% of total exports. The second position in the ranking was held by the UK ($X), with a 12% share of total exports. It was followed by Botswana, with an 11% share.
From 2012 to 2022, the average annual growth rate of value to Namibia stood at -25.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+94.1% per year) and Botswana (+2.3% per year).
Export Prices by Country
In 2022, the average pen or pencil sets export price amounted to $X per unit, declining by -41.2% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2015 an increase of 148% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Namibia ($X per unit) and Botswana ($X per unit), while the average price for exports to Zambia ($X per unit) and Swaziland ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (-2.3%), while the prices for the other major destinations experienced a decline.
Imports of Pen Or Pencil Sets
Imports into South Africa
In 2022, supplies from abroad of pen or pencil sets was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt downturn. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.
In value terms, pen or pencil sets imports skyrocketed to $X in 2022. In general, imports, however, saw a abrupt slump. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X units) was the main pen or pencil sets supplier to South Africa, accounting for a approx. 99% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -5.4%.
In value terms, China ($X) constituted the largest supplier of pen or pencil sets to South Africa.
From 2012 to 2022, the average annual rate of growth in terms of value from China stood at -6.2%.
Import Prices by Country
The average pen or pencil sets import price stood at $X per unit in 2022, waning by -6.1% against the previous year. Overall, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -0.9% per year.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for pen or pencil sets in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991410 - Pen or pencil sets containing two or more writing instruments
Country coverage:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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