United Arab Emirates: Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size in the United Arab Emirates

The porous-tipped pen market in the United Arab Emirates skyrocketed to $X in 2021, rising by 144% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption posted a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Porous-Tipped Pen Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of porous-tipped pens and markers decreased by -30% to X units, falling for the fifth year in a row after two years of growth. In general, exports recorded a perceptible descent. The pace of growth was the most pronounced in 2015 when exports increased by 88%. Over the period under review, the exports hit record highs at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, porous-tipped pen exports rose rapidly to $X in 2021. Overall, exports, however, continue to indicate pronounced growth. The most prominent rate of growth was recorded in 2016 when exports increased by 98% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Oman (X units) was the main destination for porous-tipped pen exports from the United Arab Emirates, with a 47% share of total exports. Moreover, porous-tipped pen exports to Oman exceeded the volume sent to the second major destination, India (X units), threefold. The third position in this ranking was held by Seychelles (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+107.6% per year) and Seychelles (+21.1% per year).

In value terms, Oman ($X) remains the key foreign market for porous-tipped pens and markers exports from the United Arab Emirates, comprising 47% of total exports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total exports. It was followed by India, with a 17% share.

From 2012 to 2021, the average annual growth rate of value to Oman amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+72.0% per year) and India (+104.9% per year).

Export Prices by Country

In 2021, the average porous-tipped pen export price amounted to $X per unit, growing by 64% against the previous year. Over the period under review, the export price enjoyed resilient growth. The pace of growth was the most pronounced in 2017 an increase of 68%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Tanzania ($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 Iran (+41.3%), while the prices for the other major destinations experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports into the United Arab Emirates

In 2021, porous-tipped pen imports into the United Arab Emirates skyrocketed to X units, with an increase of 132% on the previous year's figure. In general, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen imports soared to $X in 2021. Over the period under review, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of porous-tipped pen to the United Arab Emirates, accounting for a 57% share of total imports. Moreover, porous-tipped pen imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), ninefold. Germany (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+12.9% per year) and Germany (+0.3% per year).

In value terms, China ($X) constituted the largest supplier of porous-tipped pens and markers to the United Arab Emirates, comprising 33% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Japan, with a 6.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.5% per year) and Japan (-9.5% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, shrinking by -24.6% against the previous year. Over the period under review, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 15%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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