Pen nibs and nib points market
Pen Nibs and Nib Points - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | India |
| 2 | Japan |
| 3 | Mexico |
| 4 | United States |
| 5 | China |
In value terms, India led the market, alone. The second position in the ranking was occupied by Japan. It was followed by Mexico.
In India, the market of pen nibs and nib points; duplicating stylos; pen and pencil holderses expanded at an average annual rate of +21.4% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Japan (+16.4% per year) and Mexico (-10.3% per year).
Pen Nibs And Nib Points; Duplicating Stylos; Pen And Pencil Holders Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Romania | 0.1 | 0.2 | 0.00645243869593 | -75.1% |
| Singapore | 0.06 | 0.05 | 0.04 | -20.9% |
| Germany | 0.07 | 0.06 | 0.05 | -17.5% |
| Czech Republic | 0.1 | 0.07 | 0.06 | -27.0% |
| South Korea | 0.1 | 0.09 | 0.08 | -16.8% |
| Italy | 0.1 | 0.1 | 0.1 | -14.6% |
| China | 0.2 | 0.1 | 0.1 | -13.1% |
| Hong Kong SAR | 0.2 | 0.2 | 0.2 | 3.2% |
| Malaysia | 0.4 | 0.3 | 0.3 | -11.6% |
| Taiwan (Chinese) | 0.4 | 3.7 | 0.4 | 0.5% |
| Japan | 1.7 | 1.3 | 1.1 | -18.8% |
| Average | 0.3 | 0.2 | 0.2 | -10.6% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Japan ($1.1 per unit), while Romania ($0 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per thousand units | ||||
| India | 67 | 75 | 72 | 3.7% |
| United States | 122 | 68 | 71 | -23.7% |
| Vietnam | 712 | 1046 | 63 | -70.3% |
| Hong Kong SAR | 54 | 51 | 42 | -11.8% |
| Malaysia | 44 | 39 | 36 | -9.5% |
| Indonesia | 24 | 26 | 32 | 15.5% |
| Singapore | 36 | 36 | 31 | -7.2% |
| Austria | 27 | 26 | 26 | -1.9% |
| Italy | 23 | 22 | 20 | -6.7% |
| Germany | 25 | 21 | 19 | -12.8% |
| Taiwan (Chinese) | 22 | 16 | 19 | -7.1% |
| Czech Republic | 21 | 18 | 16 | -12.7% |
| Bangladesh | 7.2 | 6.4 | 5.7 | -10.8% |
| Average | 68 | 61 | 58 | -7.9% |
Prices varied noticeably by the country of destination; the country with the highest price was India ($72 per thousand units), while Bangladesh ($5.7 per thousand units) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Indonesia, while the other global leaders experienced mixed trends in the import price figures.
Pen Nibs and Nib Points; Duplicating Stylos; Pen and Pencil Holders - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 63 | 69 | 52 | -8.9% |
| Germany | 42 | 39 | 29 | -17.1% |
| Vietnam | 18 | 16 | 18 | 1.0% |
| India | 37 | 27 | 16 | -33.7% |
| Indonesia | 19 | 16 | 11 | -23.3% |
In value terms, the largest pen nibs and nib points; duplicating stylos; pen and pencil holders importing markets worldwide were the United States ($52M), Germany ($29M) and Vietnam ($18M), with a combined 25% share of global imports. India, Indonesia, Malaysia, Hong Kong SAR, Italy, Austria, Taiwan (Chinese), Singapore, the Czech Republic and Bangladesh lagged somewhat behind, together comprising a further 20%.
Among the main importing countries, Austria (+88.9% per year) saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.
Pen Nibs and Nib Points; Duplicating Stylos; Pen and Pencil Holders - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Japan | 131 | 130 | 112 | -7.3% |
| China | 110 | 98 | 74 | -17.6% |
| Germany | 40 | 32 | 23 | -24.2% |
| Malaysia | 18 | 14 | 17 | -1.6% |
| Taiwan (Chinese) | 20 | 20 | 16 | -10.4% |
In value terms, Japan ($112M), China ($75M) and Germany ($23M) constituted the countries with the highest levels of exports in 2020, with a combined 55% share of global exports. Malaysia, Taiwan (Chinese), Hong Kong SAR, Italy, South Korea, Singapore, the Czech Republic and Romania lagged somewhat behind, together accounting for a further 18%.
In terms of the main exporting countries, Romania (+114.8% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced mixed trends in the exports figures.
Pen Nibs and Nib Points; Duplicating Stylos; Pen and Pencil Holders - Market Forecast
Driven by increasing demand for pen nibs and nib points; duplicating stylos; pen and pencil holders worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Pen Nibs and Nib Points - Product Coverage
- HS 960891 - Pens; nibs and nib points
- HS 960899 - Pens and pencils; duplicating stylos, pen-holders, pencil-holders, and similar holders, parts of the articles of heading 9608, including caps and clips
- Prodcom 32991450 - Pen nibs and nib points, duplicating stylos, pen-holders, p encil-holders and similar holders, parts (including caps and clips) of articles of HS
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