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Report Sri Lanka - Pen or Pencil Sets - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Sri Lanka - Pen or Pencil Sets - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Market for Pen Or Pencil Sets 2024

Exports of Pen Or Pencil Sets

Exports from Sri Lanka

In 2022, exports of pen or pencil sets from Sri Lanka dropped dramatically to X units, falling by -83.3% on 2021. Over the period under review, exports continue to indicate a deep reduction. The pace of growth was the most pronounced in 2015 with an increase of 340%. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pen or pencil sets exports surged to $X in 2022. Overall, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 339% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for pen or pencil sets exports from Sri Lanka, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany was relatively modest.

In value terms, Germany ($X) emerged as the key foreign market for pen or pencil sets exports from Sri Lanka, comprising 96% of total exports. The second position in the ranking was taken by Maldives ($X), with a 3.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Maldives (-16.2% per year) and Thailand (-9.3% per year).

Export Prices by Country

In 2022, the average pen or pencil sets export price amounted to $X per unit, picking up by 822% against the previous year. Overall, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 829% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+8.5%).

Imports of Pen Or Pencil Sets

Imports into Sri Lanka

In 2022, supplies from abroad of pen or pencil sets was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 693%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, pen or pencil sets imports dropped slightly to $X in 2022. Over the period under review, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 605%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of pen or pencil sets to Sri Lanka, accounting for a 90% share of total imports. Moreover, pen or pencil sets imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +14.9%.

In value terms, China ($X) constituted the largest supplier of pen or pencil sets to Sri Lanka, comprising 98% of total imports. The second position in the ranking was held by the United States ($X), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +10.9%.

Import Prices by Country

In 2022, the average pen or pencil sets import price amounted to $X per unit, dropping by -33.1% against the previous year. In general, the import price recorded a perceptible downturn. The pace of growth was the most pronounced in 2017 an increase of 14% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of pen or pencil sets consumption was China, comprising approx. 34% of total volume. Moreover, pen or pencil sets consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by South Africa, with a 10% share.
The country with the largest volume of pen or pencil sets production was China, comprising approx. 43% of total volume. Moreover, pen or pencil sets production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.
In value terms, China constituted the largest supplier of pen or pencil sets to Sri Lanka, comprising 92% of total imports. The second position in the ranking was occupied by Germany $5), with a 0.4% share of total imports.
In value terms, Maldives $917) remains the key foreign market for pen or pencil sets exports from Sri Lanka.
In 2021, the average pen or pencil sets export price amounted to $105 per unit, waning by -14.2% against the previous year.
The average pen or pencil sets import price stood at $236 per unit in 2021, growing by 22% against the previous year.

This report provides an in-depth analysis of the market for pen or pencil sets in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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