Singapore - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pen or Pencil Sets in Singapore - 2022
Contents:
- Price for Pen or Pencil Sets in Singapore (CIF) - 2022
- Price for Pen or Pencil Sets in Singapore (FOB) - 2022
- Imports of Pen or Pencil Sets in Singapore
- Exports of Pen or Pencil Sets in Singapore
Price for Pen or Pencil Sets in Singapore (CIF) - 2022
The average pen or pencil sets import price stood at $104 per unit in 2022, waning by -8.2% against the previous year. Over the period under review, the import price showed a noticeable slump. The pace of growth was the most pronounced in 2014 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $151 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($104 per unit) and Japan ($104 per unit), while the price for Malaysia ($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 China (-2.6%), while the prices for the other major suppliers experienced a decline.
Price for Pen or Pencil Sets in Singapore (FOB) - 2022
The average pen or pencil sets export price stood at $130 per unit in 2022, shrinking by -29.2% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2015 when the average export price increased by 42%. The export price peaked at $566 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Indonesia ($132 per unit) and Australia ($130 per unit), while the average price for exports to Thailand ($128 per unit) and Hong Kong SAR ($129 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pen or Pencil Sets in Singapore
In 2022, the amount of pen or pencil sets imported into Singapore contracted sharply to 6.3K units, shrinking by -28.2% compared with 2021. Over the period under review, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 92% against the previous year. As a result, imports reached the peak of 8.8K units, and then fell markedly in the following year.
In value terms, pen or pencil sets imports reduced rapidly to $657K in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of $996K, and then contracted notably in the following year.
| Import of Pen or Pencil Sets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 221 | 188 | 423 | 349 | 16.5% |
| Japan | 80.0 | 128 | 196 | 169 | 28.3% |
| Germany | 181 | 107 | 268 | 78.6 | -24.3% |
| Malaysia | 32.1 | 7.8 | 55.4 | 29.2 | -3.1% |
| South Korea | 70.8 | 70.7 | 6.0 | 8.2 | -51.3% |
| Poland | 0.4 | N/A | N/A | 0.1 | -37.0% |
| Others | 67.3 | 39.4 | 49.0 | 23.1 | -30.0% |
| Total | 652 | 541 | 996 | 657 | 0.3% |
Top Suppliers of Pen or Pencil Sets to Singapore in 2022:
- China (3352.0 units)
- Japan (1627.0 units)
- Germany (756.0 units)
- Malaysia (281.0 units)
- South Korea (78.0 units)
- Poland (1.0 units)
Exports of Pen or Pencil Sets in Singapore
After three years of growth, shipments abroad of pen or pencil sets decreased by -0.2% to 1.9K units in 2022. Over the period under review, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 167% against the previous year. As a result, the exports attained the peak of 1.9K units, leveling off in the following year.
In value terms, pen or pencil sets exports plummeted to $253K in 2022. In general, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. Over the period under review, the exports hit record highs at $360K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pen or Pencil Sets in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 192 | 145 | 236 | 138 | -10.4% |
| Australia | 41.1 | 14.5 | 25.6 | 43.4 | 1.8% |
| Germany | 1.1 | N/A | 2.9 | 33.5 | 212.3% |
| Vietnam | 3.0 | N/A | N/A | 14.0 | 67.1% |
| Hong Kong SAR | 0.5 | 10.1 | 3.7 | 11.6 | 185.2% |
| Thailand | 14.9 | 3.6 | 3.0 | 4.9 | -31.0% |
| Indonesia | 90.3 | 3.3 | 27.0 | 1.2 | -76.3% |
| Macao SAR | N/A | N/A | 9.9 | N/A | 0% |
| Others | 17.7 | 44.9 | 49.0 | 6.4 | -28.8% |
| Total | 360 | 222 | 357 | 253 | -11.1% |
Top Export Markets for Pen or Pencil Sets from Singapore in 2022:
- Malaysia (1059.0 units)
- Australia (334.0 units)
- Germany (258.0 units)
- Vietnam (108.0 units)
- Hong Kong SAR (90.0 units)
- Thailand (38.0 units)
- Indonesia (9.0 units)
This report provides an in-depth analysis of the market for pen or pencil sets in Singapore. 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:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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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