Hong Kong SAR, China - Porous-Tipped Pens And Markers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPorous-Tipped Pen Price in Hong Kong SAR - 2023
Contents:
- Porous-Tipped Pen Price in Hong Kong SAR (CIF) - 2023
- Porous-Tipped Pen Price in Hong Kong SAR (FOB) - 2023
- Porous-Tipped Pen Imports in Hong Kong SAR
- Porous-Tipped Pen Exports in Hong Kong SAR
Porous-Tipped Pen Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average porous-tipped pen import price amounted to $410 per thousand units, stabilizing at the previous month. In general, the import price, however, posted mild growth. The pace of growth appeared the most rapid in February 2023 an increase of 181% month-to-month. Over the period under review, average import prices hit record highs at $572 per thousand units in December 2022; however, from January 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($1.4 per unit), while the price for China ($148 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Porous-Tipped Pen Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average porous-tipped pen export price amounted to $495 per thousand units, picking up by 19% against the previous month. In general, the export price posted a slight expansion. The pace of growth was the most pronounced in August 2022 an increase of 446% against the previous month. As a result, the export price attained the peak level of $0.7 per unit. From September 2022 to June 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Belgium ($2.6 per unit), while the average price for exports to Canada ($148 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.
Porous-Tipped Pen Imports in Hong Kong SAR
In 2022, approx. 43M units of porous-tipped pens and markers were imported into Hong Kong SAR; which is down by -46.7% compared with the previous year's figure. In general, imports showed a precipitous setback. The smallest decline of -6.5% was in 2020. Over the period under review, imports reached the peak figure at 127M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, porous-tipped pen imports declined significantly to $12M in 2022. Over the period under review, imports showed a abrupt decrease. The smallest decline of -8.5% was in 2021. Imports peaked at $22M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Porous-Tipped Pen in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 6.5 | 5.6 | 6.1 | 4.8 | -9.6% |
China | 9.2 | 8.2 | 6.6 | 2.6 | -34.4% |
Germany | 1.5 | 1.0 | 1.3 | 1.6 | 2.2% |
Vietnam | 1.3 | 1.4 | 1.6 | 1.1 | -5.4% |
Malaysia | 1.1 | 0.8 | 0.6 | 0.6 | -18.3% |
South Korea | 0.1 | 0.3 | 0.6 | 0.5 | 71.0% |
United States | 0.9 | 0.8 | 0.3 | 0.2 | -39.4% |
Italy | 0.3 | 0.5 | 0.1 | 0.1 | -30.7% |
Others | 1.2 | 0.8 | 0.5 | 0.7 | -16.4% |
Total | 22.1 | 19.4 | 17.8 | 12.0 | -18.4% |
Top Suppliers of Porous-Tipped Pen to Hong Kong SAR in 2022:
- China (14.2M units)
- Japan (10.2M units)
- Vietnam (9.0M units)
- Italy (2.5M units)
- Malaysia (2.3M units)
- Germany (1.8M units)
- South Korea (0.7M units)
- United States (0.4M units)
Porous-Tipped Pen Exports in Hong Kong SAR
For the third consecutive year, Hong Kong SAR recorded decline in overseas shipments of porous-tipped pens and markers, which decreased by -43.5% to 40M units in 2022. Overall, exports recorded a significant contraction. The smallest decline of -9.6% was in 2020. The exports peaked at 104M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, porous-tipped pen exports reduced sharply to $7.6M in 2022. In general, exports faced a dramatic decrease. The smallest decline of -11.8% was in 2020. Over the period under review, the exports hit record highs at $16M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Porous-Tipped Pen in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,397 | 2,516 | 3,074 | 2,061 | -4.9% |
United States | 7,019 | 6,002 | 3,558 | 1,724 | -37.4% |
Japan | 596 | 399 | 888 | 528 | -4.0% |
Canada | 1,418 | 896 | 856 | 510 | -28.9% |
Australia | 814 | 738 | 695 | 456 | -17.6% |
Taiwan (Chinese) | 234 | 44.5 | 54.4 | 397 | 19.3% |
Belgium | 18.7 | 38.0 | 40.0 | 238 | 133.5% |
Slovakia | 253 | 244 | 227 | 215 | -5.3% |
United Kingdom | 814 | 820 | 799 | 140 | -44.4% |
Mexico | 198 | 502 | 464 | 137 | -11.6% |
Switzerland | 174 | 328 | 98.4 | 13.3 | -57.6% |
Others | 2,217 | 1,725 | 1,560 | 1,188 | -18.8% |
Total | 16,153 | 14,252 | 12,314 | 7,608 | -22.2% |
Top Export Markets for Porous-Tipped Pen from Hong Kong SAR in 2022:
- China (19.1M units)
- United States (5.5M units)
- Canada (3.5M units)
- Australia (1.6M units)
- Belgium (1.6M units)
- United Kingdom (1.0M units)
- Slovakia (1.0M units)
- Mexico (0.9M units)
- Taiwan (Chinese) (0.7M units)
- Japan (0.6M units)
- Switzerland (0.2M units)
This report provides an in-depth analysis of the porous-tipped pen market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991230 - Felt-tipped and other porous-tipped pens and markers
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2023, the price of Ball Pen reached $392 per thousand units (CIF, Hong Kong), showing a decrease of -1.6% compared to the previous month.
In April 2023, imports of Ball Pen Refills peaked at 1.3M units, but from May to October of that year, imports stayed at a lower level. By October 2023, the value of ball pen refill imports had surged to $328K.
Explore the top import markets for pens, stylos, and similar stationery products, with key statistics and numbers from IndexBox. Discover the global demand and growth potential in these lucrative markets.
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