South Africa: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in South Africa

In 2021, the South African porous-tipped pen market decreased by -9.1% to $X for the first time since 2018, thus ending a two-year rising trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Porous-Tipped Pen Production in South Africa

In value terms, porous-tipped pen production contracted to $X in 2021 estimated in export price. In general, the total production indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +26.7% against 2018 indices. The growth pace was the most rapid in 2015 when the production volume increased by 36% against the previous year. Porous-tipped pen production peaked at $X in 2020, and then shrank in the following year.

Porous-Tipped Pen Exports

Exports from South Africa

In 2021, approx. X units of porous-tipped pens and markers were exported from South Africa; picking up by 24% compared with the previous year's figure. Overall, exports showed prominent growth. The growth pace was the most rapid in 2013 when exports increased by 213%. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, porous-tipped pen exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 26%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for porous-tipped pen exports from South Africa, with a 65% share of total exports. Moreover, porous-tipped pen exports to France exceeded the volume sent to the second major destination, New Zealand (X units), sevenfold. Botswana (X units) ranked third in terms of total exports with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume to France stood at +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+53.0% per year) and Botswana (-2.5% per year).

In value terms, France ($X) remains the key foreign market for porous-tipped pens and markers exports from South Africa, comprising 65% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 9.5% share of total exports. It was followed by Botswana, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France amounted to +11.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (+48.0% per year) and Botswana (-5.7% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, shrinking by -13% against the previous year. Over the period under review, the export price recorded a perceptible reduction. The pace of growth appeared the most rapid in 2014 an increase of 151%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2021, 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 the UK ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+79.1%), while the prices for the other major destinations experienced a decline.

Porous-Tipped Pen Imports

Imports into South Africa

In 2021, porous-tipped pen imports into South Africa soared to X units, rising by 67% compared with the year before. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2018 with an increase of 122% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, porous-tipped pen imports skyrocketed to $X in 2021. Overall, imports, however, showed a noticeable curtailment. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Japan (X units) and Malaysia (X units) were the main suppliers of porous-tipped pen imports to South Africa, together comprising 70% of total imports. Germany, France, India and the United States lagged somewhat behind, together comprising a further 23%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +47.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest porous-tipped pen suppliers to South Africa were China ($X), Japan ($X) and Malaysia ($X), with a combined 69% share of total imports. These countries were followed by Germany, France, India and the United States, which together accounted for a further 23%.

Among the main suppliers, India, with a CAGR of +15.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average porous-tipped pen import price amounted to $X per unit, reducing by -17.4% against the previous year. Overall, the import price faced a significant contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 60%. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were India ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-21.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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