Pen or Pencil Sets Market

Pen or pencil sets market: read the latest info empowered by an Ai-driven market research tool. Information contain companies, imports, consumption, trade, market prices, production, exports, and market size. Here is a breakdown by country, including Africa, the Middle East, Russia, EU, the U.S., China, Latin America, and the U.K. Market dynamics and outlook to 2030 are also provided in the snapshots.

Get FREE access to the latest data and statistics on the Pen or Pencil Sets Market.

Pen or Pencil Sets - World's Largest Markets

In value terms, the United States, China and India constituted the countries with the highest levels of market value in 2020, together comprising 75% of the global market. Japan, Mexico, France, the UK, Vietnam, Democratic Republic of the Congo, South Korea, Russia, Turkey and Germany lagged somewhat behind, together accounting for a further 15%.

Among the main consuming countries, France saw the highest growth rate of market size, over the period under review, while pen or pencil sets market for the other global leaders experienced more modest paces of growth.

Pen Or Pencil Sets Prices

Pen or Pencil Sets - Top Importers

In value terms, the UK ($12M), Spain ($11M) and Poland ($7.7M) were the countries with the highest levels of imports in 2020, with a combined 34% share of global imports. Germany, the Netherlands, Russia, the United Arab Emirates, France, Italy, Ireland, Kazakhstan, Indonesia and Thailand lagged somewhat behind, together comprising a further 32%.

Among the main importing countries, Kazakhstan (+112.0% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Pen or Pencil Sets - Top Exporters

In value terms, China ($85M) remains the largest pen or pencil sets supplier worldwide, comprising 63% of global exports. The second position in the ranking was occupied by Jordan ($8.5M), with a 6.3% share of global exports. It was followed by Germany, with a 4.4% share.

In China, pen or pencil sets exports expanded at an average annual rate of +3.1% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Jordan (-19.5% per year) and Germany (-31.1% per year).

Pen or Pencil Sets - Market Forecast

Driven by rising demand for pen or pencil sets worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, 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 or Pencil Sets - Product Coverage

• HS 960850 - Pen and pencil sets; of articles from two or more of the foregoing sub-headings