Hong Kong SAR, China - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pen or Pencil Sets in Hong Kong SAR - 2023
Contents:
- Price for Pen or Pencil Sets in Hong Kong SAR (CIF) - 2022
- Price for Pen or Pencil Sets in Hong Kong SAR (FOB) - 2022
- Imports of Pen or Pencil Sets in Hong Kong SAR
- Exports of Pen or Pencil Sets in Hong Kong SAR
Price for Pen or Pencil Sets in Hong Kong SAR (CIF) - 2022
In 2022, the average pen or pencil sets import price amounted to $104 per unit, shrinking by -8.8% against the previous year. Over the period under review, the import price recorded a pronounced slump. The pace of growth was the most pronounced in 2014 an increase of 14%. As a result, import price reached the peak level of $151 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($104 per unit) and Japan ($104 per unit), while the price for Singapore ($104 per unit) and Germany ($104 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (-0.1%), while the prices for the other major suppliers experienced a decline.
Price for Pen or Pencil Sets in Hong Kong SAR (FOB) - 2022
The average pen or pencil sets export price stood at $321 per unit in 2022, approximately mirroring the previous year. In general, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pen or pencil sets export price decreased by -43.6% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 20%. Over the period under review, the average export prices attained the peak figure at $568 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($334 per unit), while the average price for exports to Guatemala ($130 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pen or Pencil Sets in Hong Kong SAR
In 2022, approx. 21K units of pen or pencil sets were imported into Hong Kong SAR; jumping by 52% on 2021 figures. Over the period under review, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 99% against the previous year. Imports peaked at 32K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pen or pencil sets imports surged to $2.2M in 2022. In general, imports, however, continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 90% against the previous year. Over the period under review, imports hit record highs at $4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Pen or Pencil Sets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,233 | 563 | 1,128 | 1,531 | -22.1% |
| Germany | 409 | 1.2 | 393 | 407 | -0.2% |
| Japan | 74.4 | 167 | 49.2 | 210 | 41.3% |
| Singapore | N/A | 1.4 | N/A | 48.6 | 489.2% |
| Others | 252 | 118 | 42.5 | 31.3 | -50.1% |
| Total | 3,969 | 850 | 1,613 | 2,228 | -17.5% |
Top Suppliers of Pen or Pencil Sets to Hong Kong SAR in 2022:
- China (14.7K units)
- Germany (3.9K units)
- Japan (2.0K units)
- Singapore (0.5K units)
Exports of Pen or Pencil Sets in Hong Kong SAR
Pen or pencil sets exports from Hong Kong SAR soared to 4.4K units in 2022, growing by 60% compared with the previous year. In general, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 115% against the previous year. Over the period under review, the exports reached the maximum at 7.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, pen or pencil sets exports soared to $1.4M in 2022. Overall, exports, however, recorded a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 62%. Over the period under review, the exports hit record highs at $3.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pen or Pencil Sets in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,001 | 184 | 296 | 394 | -26.7% |
| United States | 2,153 | 75.8 | 302 | 318 | -47.1% |
| Taiwan (Chinese) | 13.2 | 5.7 | 2.0 | 259 | 169.7% |
| United Kingdom | 20.4 | 151 | 10.6 | 165 | 100.7% |
| Germany | 14.8 | 68.5 | 32.0 | 148 | 115.4% |
| Macao SAR | 9.3 | 2.0 | 0.2 | 76.4 | 101.8% |
| Guatemala | N/A | N/A | N/A | 27.9 | 0% |
| Canada | 292 | 1.6 | 67.5 | 1.3 | -83.5% |
| Others | 407 | 60.0 | 178 | 18.9 | -64.1% |
| Total | 3,910 | 548 | 888 | 1,409 | -28.8% |
Top Export Markets for Pen or Pencil Sets from Hong Kong SAR in 2022:
- China (1192.0 units)
- United States (961.0 units)
- Taiwan (Chinese) (774.0 units)
- United Kingdom (498.0 units)
- Germany (448.0 units)
- Macao SAR (230.0 units)
- Guatemala (215.0 units)
- Canada (4.0 units)
This report provides an in-depth analysis of the market for pen or pencil sets 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 32991410 - Pen or pencil sets containing two or more writing instruments
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
-
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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