Vietnam - Pen Or Pencil Sets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Pen or Pencil Sets in Vietnam - 2022
Contents:
- Price for Pen or Pencil Sets in Vietnam (FOB) - 2021
- Price for Pen or Pencil Sets in Vietnam (CIF) - 2022
- Exports of Pen or Pencil Sets in Vietnam
- Imports of Pen or Pencil Sets in Vietnam
Price for Pen or Pencil Sets in Vietnam (FOB) - 2021
In December 2021, the average pen or pencil sets export price amounted to $97.2 per unit, approximately equating the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2021 when the average export price increased by 0.4% m-o-m. As a result, the export price reached the peak level of $97.6 per unit. From March 2021 to December 2021, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In December 2021, the country with the highest price was Canada ($97.2 per unit), while the average price for exports to Japan ($97.1 per unit) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pen or Pencil Sets in Vietnam (CIF) - 2022
The average pen or pencil sets import price stood at $91 per unit in 2022, with an increase of 1.5% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 35%. As a result, import price reached the peak level of $292 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($92 per unit) and Taiwan (Chinese) ($91 per unit), while the price for India ($89 per unit) and South Korea ($91 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.6%), while the prices for the other major suppliers experienced a decline.
Exports of Pen or Pencil Sets in Vietnam
In 2022, the amount of pen or pencil sets exported from Vietnam reduced sharply to 2K units, with a decrease of -49.8% compared with 2021. Overall, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when exports increased by 7,237%. As a result, the exports attained the peak of 4K units, and then contracted sharply in the following year.
In value terms, pen or pencil sets exports shrank rapidly to $416K in 2022. In general, exports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 5,461% against the previous year. Over the period under review, the exports reached the maximum at $979K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pen or Pencil Sets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 344 | 3.6 | 248 | 145 | -25.0% |
| Canada | 339 | 2.8 | 129 | 141 | -25.4% |
| United Kingdom | 126 | 7.6 | 357 | 91.8 | -10.0% |
| Indonesia | N/A | N/A | N/A | 7.3 | 0% |
| Others | 171 | 0.6 | 83.5 | 31.1 | -43.3% |
| Total | 979 | 14.7 | 818 | 416 | -24.8% |
Top Export Markets for Pen or Pencil Sets from Vietnam in 2022:
- China (1096.0 units)
- Canada (527.0 units)
- United Kingdom (260.0 units)
- Indonesia (37.0 units)
Imports of Pen or Pencil Sets in Vietnam
After three years of growth, overseas purchases of pen or pencil sets decreased by -5.7% to 3.3K units in 2022. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13%. Over the period under review, imports hit record highs at 3.5K units in 2021, and then shrank in the following year.
In value terms, pen or pencil sets imports declined slightly to $296K in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 9.3% against the previous year. As a result, imports reached the peak of $309K, and then contracted modestly in the following year.
| Import of Pen or Pencil Sets in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 246 | 236 | 270 | 275 | 3.8% |
| India | 2.0 | 13.1 | 6.8 | 6.9 | 51.1% |
| South Korea | 2.8 | 5.9 | 6.1 | 5.4 | 24.5% |
| Taiwan (Chinese) | 1.6 | 5.3 | 5.8 | 5.2 | 48.1% |
| Japan | N/A | 18.7 | 2.0 | N/A | -89.3% |
| Others | 6.8 | 3.2 | 18.3 | 2.9 | -24.7% |
| Total | 259 | 283 | 309 | 296 | 4.6% |
Top Suppliers of Pen or Pencil Sets to Vietnam in 2022:
- China (3033.0 units)
- India (78.0 units)
- South Korea (60.0 units)
- Taiwan (Chinese) (57.0 units)
This report provides an in-depth analysis of the market for pen or pencil sets in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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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