U.S. - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pen or Pencil Sets in the United States - 2023
Contents:
- Price for Pen or Pencil Sets in the United States (FOB) - 2023
- Price for Pen or Pencil Sets in the United States (CIF) - 2022
- Exports of Pen or Pencil Sets in the United States
- Imports of Pen or Pencil Sets in the United States
Price for Pen or Pencil Sets in the United States (FOB) - 2023
The average pen or pencil sets export price stood at $18.1 per unit in September 2023, with an increase of 125% against the previous month. In general, the export price saw a remarkable increase. The growth pace was the most rapid in May 2023 an increase of 156% month-to-month. Over the period under review, the average export prices reached the maximum in September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($59.3 per unit), while the average price for exports to the UK ($3.9 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pen or Pencil Sets in the United States (CIF) - 2022
In 2022, the average pen or pencil sets import price amounted to $30 per unit, surging by 643% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The import price peaked at $153 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 ($1,778 per unit), while the price for Turkey ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+29.7%), while the prices for the other major suppliers experienced a decline.
Exports of Pen or Pencil Sets in the United States
In 2022, the amount of pen or pencil sets exported from the United States surged to 3K units, increasing by 40% on the previous year's figure. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, pen or pencil sets exports shrank to $1.2M in 2022. In general, exports, however, continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 59% against the previous year. The exports peaked at $1.4M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Pen or Pencil Sets in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 793 | 684 | 965 | 547 | -11.6% |
| Mexico | 165 | 34.1 | 82.4 | 235 | 12.5% |
| China | 35.1 | 8.6 | 88.3 | 165 | 67.5% |
| Guyana | N/A | N/A | N/A | 128 | 0% |
| Japan | 42.9 | 38.1 | 56.0 | 41.6 | -1.0% |
| Germany | 77.7 | N/A | 4.8 | 12.9 | -45.0% |
| Bolivia | N/A | 7.7 | 16.0 | N/A | 107.8% |
| Others | 239 | 28.1 | 64.0 | 47.6 | -41.6% |
| Total | 1,353 | 801 | 1,276 | 1,177 | -4.5% |
Top Export Markets for Pen or Pencil Sets from the United States in 2022:
- Guyana (1528.0 units)
- Canada (848.0 units)
- Mexico (322.0 units)
- China (205.0 units)
- Japan (70.0 units)
- Germany (4.0 units)
Imports of Pen or Pencil Sets in the United States
After three years of growth, overseas purchases of pen or pencil sets decreased by -91.3% to 15K units in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,417%. As a result, imports attained the peak of 177K units, and then reduced markedly in the following year.
In value terms, pen or pencil sets imports dropped sharply to $462K in 2022. Overall, imports faced a sharp slump. The pace of growth appeared the most rapid in 2021 when imports increased by 39% against the previous year. Imports peaked at $1.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pen or Pencil Sets in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 22.9 | 198 | 359 | 192 | 103.2% |
| Germany | 671 | 265 | 157 | 107 | -45.8% |
| France | 14.1 | 7.2 | N/A | 84.9 | 81.9% |
| Turkey | N/A | N/A | N/A | 10.2 | 0% |
| Spain | N/A | N/A | 2.5 | N/A | 0% |
| Others | 579 | 45.0 | 195 | 67.7 | -51.1% |
| Total | 1,287 | 514 | 713 | 462 | -28.9% |
Top Suppliers of Pen or Pencil Sets to the United States in 2022:
- Mexico (9.8K units)
- Turkey (3.0K units)
- France (1.3K units)
- Germany (1.2K units)
This report provides an in-depth analysis of the market for pen or pencil sets in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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