Sri Lanka: Market for Pens, Stylos And Similar Stationery 2024

Market Size for Pens, Stylos And Similar Stationery in Sri Lanka

The Sri Lankan market for pens, stylos and similar stationery contracted to $X in 2022, falling by X% against the previous year. In general, consumption saw a mild descent. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Pens, Stylos And Similar Stationery in Sri Lanka

In value terms, pens, stylos and similar stationery production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Exports of Pens, Stylos And Similar Stationery

Exports from Sri Lanka

In 2022, the amount of pens, stylos and similar stationery exported from Sri Lanka reduced rapidly to X units, which is down by X% compared with the previous year. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then reduced notably in the following year.

In value terms, pens, stylos and similar stationery exports reduced markedly to $X in 2022. In general, exports, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then dropped notably in the following year.

Exports by Country

Pakistan (X units) was the main destination for pens, stylos and similar stationery exports from Sri Lanka, with a X% share of total exports. Moreover, pens, stylos and similar stationery exports to Pakistan exceeded the volume sent to the second major destination, the United States (X units), fourfold. The third position in this ranking was taken by Bangladesh (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Pakistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Bangladesh (X% per year).

In value terms, Pakistan ($X) remains the key foreign market for pens, stylos and similar stationery exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Pakistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Maldives (X% per year).

Export Prices by Country

The average export price for pens, stylos and similar stationery stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the export price enjoyed a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Papua New Guinea (less than $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 Fiji (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pens, Stylos And Similar Stationery

Imports into Sri Lanka

In 2022, pens, stylos and similar stationery imports into Sri Lanka declined sharply to X units, reducing by X% compared with 2021. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, pens, stylos and similar stationery imports shrank notably to $X in 2022. Over the period under review, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), India (X units) and Thailand (X units) were the main suppliers of pens, stylos and similar stationery imports to Sri Lanka, with a combined X% share of total imports. Taiwan (Chinese) lagged somewhat behind, comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Taiwan (Chinese) (with a CAGR of X%), while imports for the other leaders experienced a decline.

In value terms, China ($X), Thailand ($X) and India ($X) appeared to be the largest pens, stylos and similar stationery suppliers to Sri Lanka, together comprising X% of total imports. Taiwan (Chinese) lagged somewhat behind, accounting for a further X%.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average import price for pens, stylos and similar stationery amounted to $X per thousand units, surging by X% against the previous year. Over the period under review, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Thailand ($X per thousand units), while the price for Taiwan (Chinese) ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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