Global Porous-Tipped Pen Market 2024

Porous-Tipped Pen Market Size

After two years of growth, the global porous-tipped pen market decreased by -10.1% to $X in 2021. In general, consumption recorded a pronounced curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the global market remained at a somewhat lower figure.

Porous-Tipped Pen Production

In value terms, porous-tipped pen production dropped to $X in 2021 estimated in export price. In general, production saw a slight descent. The most prominent rate of growth was recorded in 2015 with an increase of 7.5%. As a result, production attained the peak level of $X. From 2016 to 2021, global production growth remained at a lower figure.

Porous-Tipped Pen Exports

Exports

In 2021, shipments abroad of porous-tipped pens and markers increased by 55% to X units, rising for the third consecutive year after two years of decline. Overall, total exports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +78.0% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen exports skyrocketed to $X in 2021. Over the period under review, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.5% 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 +59.2% against 2015 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the main exporter of porous-tipped pens and markers in the world, with the volume of exports resulting at X units, which was near 47% of total exports in 2021. The United States (X units) took the second position in the ranking, followed by Germany (X units). All these countries together took near 20% share of total exports. Japan (X units), Italy (X units), Mexico (X units), France (X units), the Czech Republic (X units), Malaysia (X units) and Vietnam (X units) took a little share of total exports.

Exports from China increased at an average annual rate of +13.9% from 2012 to 2021. At the same time, the United States (+19.0%), Mexico (+9.6%), Vietnam (+5.2%), the Czech Republic (+4.4%), Germany (+3.9%), Italy (+1.7%) and France (+1.5%) displayed positive paces of growth. Moreover, the United States emerged as the fastest-growing exporter exported in the world, with a CAGR of +19.0% from 2012-2021. Malaysia experienced a relatively flat trend pattern. By contrast, Japan (-4.0%) illustrated a downward trend over the same period. China (+18 p.p.) and the United States (+7.6 p.p.) significantly strengthened its position in terms of the global exports, while Malaysia, France, Italy, Germany and Japan saw its share reduced by -1.8%, -2%, -2.6%, -2.7% and -7.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest porous-tipped pen supplier worldwide, comprising 32% of global exports. The second position in the ranking was held by Germany ($X), with a 14% share of global exports. It was followed by Japan, with an 8% share.

From 2012 to 2021, the average annual growth rate of value in China totaled +7.2%. In the other countries, the average annual rates were as follows: Germany (+2.9% per year) and Japan (+1.7% per year).

Export Prices by Country

The average porous-tipped pen export price stood at $X per unit in 2021, shrinking by -21.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 8.2% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+6.0%), while the other global leaders experienced more modest paces of growth.

Porous-Tipped Pen Imports

Imports

For the tenth consecutive year, the global market recorded growth in purchases abroad of porous-tipped pens and markers, which increased by 37% to X units in 2021. Over the period under review, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +89.9% against 2012 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, porous-tipped pen imports surged to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) represented the major importer of porous-tipped pens and markers, comprising 29% of total imports. Russia (X units) took a 13% share (based on physical terms) of total imports, which put it in second place, followed by France (6.1%). The UK (X units), Germany (X units), Mexico (X units), Spain (X units), Canada (X units), China (X units), the Czech Republic (X units), the Netherlands (X units) and Poland (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to porous-tipped pen imports into the United States stood at +15.0%. At the same time, Russia (+21.8%), Poland (+12.2%), China (+11.3%), the Netherlands (+10.7%), Mexico (+7.7%), Spain (+7.5%), France (+6.3%), Germany (+4.9%), the Czech Republic (+3.3%) and Canada (+1.2%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer imported in the world, with a CAGR of +21.8% from 2012-2021. The UK experienced a relatively flat trend pattern. While the share of the United States (+13 p.p.) and Russia (+8.6 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the UK (-3.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported porous-tipped pens and markers worldwide, comprising 17% of global imports. The second position in the ranking was held by France ($X), with an 8% share of global imports. It was followed by Germany, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States amounted to +5.4%. The remaining importing countries recorded the following average annual rates of imports growth: France (+7.2% per year) and Germany (+9.6% per year).

Import Prices by Country

The average porous-tipped pen import price stood at $X per unit in 2021, declining by -14.6% against the previous year. In general, the import price continues to indicate a mild decrease. The pace of growth was the most pronounced in 2016 when the average import price increased by 5.7% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+6.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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