Price for Pens; Nibs and Nib Points in China - 2023
Contents:
- Price for Pens; Nibs and Nib Points in China (FOB) - 2022
- Price for Pens; Nibs and Nib Points in China (CIF) - 2022
- Exports of Pens; Nibs and Nib Points in China
- Imports of Pens; Nibs and Nib Points in China
Price for Pens; Nibs and Nib Points in China (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $1.5 per thousand units, which is down by -12.9% against the previous year. Over the period under review, the export price recorded a dramatic shrinkage. The growth pace was the most rapid in 2013 an increase of 22% against the previous year. As a result, the export price reached the peak level of $20 per thousand units. From 2014 to 2022, the average 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 Indonesia ($3.2 per thousand units), while the average price for exports to Democratic People's Republic of Korea ($0.4 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+3.1%), while the prices for the other major destinations experienced a decline.
Price for Pens; Nibs and Nib Points in China (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to less than $0.1 per unit, falling by -10.6% against the previous year. In general, the import price, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 162%. As a result, import price reached the peak level of $0.1 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan (less than $0.1 per unit), while the price for Malaysia (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+36.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pens; Nibs and Nib Points in China
Pens; nibs and nib points exports from China surged to 3.2B units in 2022, growing by 50% against the previous year. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, pens; nibs and nib points exports soared to $4.7M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +111.4% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 61% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Pens; Nibs and Nib Points in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 2,183 | 991 | 1,959 | 2,130 | -0.8% |
| India | 396 | 301 | 451 | 1,130 | 41.8% |
| Indonesia | 334 | 304 | 374 | 624 | 23.2% |
| United States | 128 | 112 | 26.8 | 142 | 3.5% |
| South Korea | 11.0 | 27.5 | 73.8 | 92.8 | 103.6% |
| Democratic People's Republic of Korea | N/A | N/A | 89.5 | 27.6 | -69.2% |
| Others | 767 | 490 | 620 | 557 | -10.1% |
| Total | 3,819 | 2,225 | 3,593 | 4,703 | 7.2% |
Top Export Markets for Pens; Nibs and Nib Points from China in 2022:
- Pakistan (1905.4M units)
- India (738.7M units)
- Indonesia (194.9M units)
- South Korea (92.1M units)
- Democratic People's Republic of Korea (73.9M units)
- United States (59.0M units)
Imports of Pens; Nibs and Nib Points in China
Pens; nibs and nib points imports into China soared to 108M units in 2022, rising by 29% compared with the previous year. Overall, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 134% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, pens; nibs and nib points imports skyrocketed to $2.9M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 63% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Pens; Nibs and Nib Points in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 114 | 529 | 847 | 1,500 | 136.1% |
| Japan | 291 | 162 | 260 | 265 | -3.1% |
| Malaysia | 1.5 | 3.1 | 68.6 | 93.5 | 296.5% |
| Others | 1,292 | 865 | 1,369 | 1,077 | -5.9% |
| Total | 1,699 | 1,559 | 2,544 | 2,934 | 20.0% |
Top Suppliers of Pens; Nibs and Nib Points to China in 2022:
- South Korea (90.2M units)
- Japan (10.7M units)
- Malaysia (6.4M units)
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