Sri Lanka - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sri Lanka - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights

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Price for Pen or Pencil Sets in Sri Lanka - 2021

Contents:

  1. Price for Pen or Pencil Sets in Sri Lanka (CIF) - 2022
  2. Price for Pen or Pencil Sets in Sri Lanka (FOB) - 2022
  3. Imports of Pen or Pencil Sets in Sri Lanka
  4. Exports of Pen or Pencil Sets in Sri Lanka

Price for Pen or Pencil Sets in Sri Lanka (CIF) - 2022

In 2022, the average pen or pencil sets import price amounted to $96 per unit, with a decrease of -9% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 24% against the previous year. The import price peaked at $138 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($105 per unit), while the price for Maldives ($5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+36.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pen or Pencil Sets in Sri Lanka (FOB) - 2022

The average pen or pencil sets export price stood at $93 per unit in 2022, approximately mirroring the previous year. In general, the export price continues to indicate a significant expansion. The growth pace was the most rapid in 2020 when the average export price increased by 3,700% against the previous year. As a result, the export price reached the peak level of $247 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($354 per unit), while the average price for exports to Canada ($2 per unit) was amongst the lowest.

From 2019 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+44.2%).

Imports of Pen or Pencil Sets in Sri Lanka

In 2022, approx. 40 units of pen or pencil sets were imported into Sri Lanka; with an increase of 8.1% against 2021. In general, imports, however, showed a dramatic curtailment. Over the period under review, imports attained the peak figure at 101 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pen or pencil sets imports shrank slightly to $3.8K in 2022. Overall, imports, however, saw a precipitous shrinkage. The smallest decline of -1.6% was in 2021. Imports peaked at $11K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Pen or Pencil Sets in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4,7131,5073793,767-7.2%
United States12.09.018.065.075.6%
MaldivesN/AN/AN/A5.00%
Thailand746360417N/A-25.2%
Germany57019026.0N/A-78.6%
Slovakia2,0701,0881,371N/A-18.6%
India1,264375267N/A-54.0%
Others1,4464371,423N/A-0.8%
Total10,8213,9663,9013,837-29.2%

Top Suppliers of Pen or Pencil Sets to Sri Lanka in 2022:

  1. China (36.0 units)
  2. United States (3.0 units)
  3. Maldives (1.0 units)

Exports of Pen or Pencil Sets in Sri Lanka

In 2022, shipments abroad of pen or pencil sets decreased by 0% to 4 units, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 50%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, pen or pencil sets exports amounted to $370 in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 5,600%. As a result, the exports reached the peak of $741. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Pen or Pencil Sets in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/AN/A3540%
Maldives12.068.0N/A11.0-2.9%
Thailand1.021.0N/A3.044.2%
CanadaN/AN/AN/A2.00%
EthiopiaN/A652N/AN/A0%
OthersN/AN/AN/AN/A0%
Total13.0741N/A370205.3%

Top Export Markets for Pen or Pencil Sets from Sri Lanka in 2022:

  1. Canada (1.0 units)
  2. Thailand (1.0 units)
  3. Maldives (1.0 units)
  4. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for pen or pencil sets in Sri Lanka. 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:

  • Sri Lanka

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sri Lanka
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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