Sweden: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in Sweden

In 2021, the Swedish porous-tipped pen market increased by 2.2% to $X, rising for the second consecutive year after four years of decline. In general, consumption showed a slight slump. Porous-tipped pen consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Porous-Tipped Pen Production in Sweden

In value terms, porous-tipped pen production declined to $X in 2021 estimated in export price. In general, production continues to indicate a deep contraction. The growth pace was the most rapid in 2014 when the production volume increased by 193%. Porous-tipped pen production peaked at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Porous-Tipped Pen Exports

Exports from Sweden

In 2021, overseas shipments of porous-tipped pens and markers increased by 22% to X units for the first time since 2016, thus ending a four-year declining trend. In general, exports recorded a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 54%. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, porous-tipped pen exports reached $X in 2021. Over the period under review, total exports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +66.1% against 2015 indices. The pace of growth appeared the most rapid in 2016 when exports increased by 19%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of porous-tipped pen exports from Sweden, with a combined 86% share of total exports. Australia, the Netherlands, the UK and Germany lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +15.7%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for porous-tipped pens and markers exports from Sweden, comprising 51% of total exports. The second position in the ranking was taken by Denmark ($X), with a 19% share of total exports. It was followed by Finland, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Norway stood at +9.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+9.0% per year) and Finland (+5.1% per year).

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, which is down by -6% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 44%. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then dropped in the following year.

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 the Netherlands ($X per unit), while the average price for exports to Australia ($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 the Netherlands (+2.9%), while the prices for the other major destinations experienced mixed trend patterns.

Porous-Tipped Pen Imports

Imports into Sweden

In 2021, purchases abroad of porous-tipped pens and markers decreased by -3.7% to X units, falling for the fourth year in a row after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when imports increased by 29%. Imports peaked at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, porous-tipped pen imports totaled $X in 2021. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2016 with an increase of 30% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of porous-tipped pen imports to Sweden, with a combined 58% share of total imports. Denmark, Italy, Poland, Malaysia, Japan, France and the UK lagged somewhat behind, together comprising a further 34%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +72.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and China ($X) constituted the largest porous-tipped pen suppliers to Sweden, together comprising 55% of total imports. Malaysia, Japan, Poland, the Netherlands, France, Italy and the UK lagged somewhat behind, together comprising a further 36%.

Among the main suppliers, Poland, with a CAGR of +76.7%, saw the highest growth rate of 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

The average porous-tipped pen import price stood at $X per unit in 2021, jumping by 17% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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