Price for Pens; Nibs and Nib Points in Hong Kong SAR - 2023
Contents:
- Price for Pens; Nibs and Nib Points in Hong Kong SAR (CIF) - 2023
- Price for Pens; Nibs and Nib Points in Hong Kong SAR (FOB) - 2022
- Imports of Pens; Nibs and Nib Points in Hong Kong SAR
- Exports of Pens; Nibs and Nib Points in Hong Kong SAR
Price for Pens; Nibs and Nib Points in Hong Kong SAR (CIF) - 2023
The average import price for pens; nibs and nib pointses stood at $44.5 per thousand units in September 2023, surging by 37% against the previous month. In general, the import price, however, saw a noticeable reduction. The pace of growth was the most pronounced in December 2022 an increase of 482% month-to-month. The import price peaked at $95.0 per thousand units in April 2023; however, from May 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($73.0 per thousand units), while the price for India ($10.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+1.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pens; Nibs and Nib Points in Hong Kong SAR (FOB) - 2022
The average export price for pens; nibs and nib pointses stood at $0.3 per unit in 2022, declining by -5.4% against the previous year. In general, the export price showed a abrupt decline. The pace of growth appeared the most rapid in 2018 an increase of 77%. As a result, the export price reached the peak level of $1.5 per unit. From 2019 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 the United States ($0.4 per unit), while the average price for exports to the UK ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.7%), while the prices for the other major destinations experienced a decline.
Imports of Pens; Nibs and Nib Points in Hong Kong SAR
In 2022, the amount of pens; nibs and nib pointses imported into Hong Kong SAR shrank significantly to 53M units, dropping by -56.1% compared with the year before. In general, imports saw a sharp descent. The smallest decline of -1.6% was in 2021. Imports peaked at 139M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, pens; nibs and nib points imports shrank dramatically to $1.1M in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -5.3% was in 2020. Imports peaked at $3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Pens; Nibs and Nib Points in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,664 | 2,185 | 1,736 | 741 | -23.6% |
| Germany | 450 | 69.9 | 111 | 101 | -39.2% |
| Malaysia | 47.0 | 70.9 | 75.0 | 98.6 | 28.0% |
| India | 9.6 | 35.5 | N/A | 52.8 | 76.5% |
| China | 394 | 190 | 125 | 46.4 | -51.0% |
| Switzerland | 95.3 | 93.7 | 106 | 44.3 | -22.5% |
| Taiwan (Chinese) | 15.2 | 10.3 | 6.7 | 24.1 | 16.6% |
| Others | 296 | 158 | 113 | 35.6 | -50.6% |
| Total | 2,972 | 2,813 | 2,273 | 1,144 | -27.3% |
Top Suppliers of Pens; Nibs and Nib Points to Hong Kong SAR in 2022:
- Japan (39.0M units)
- Malaysia (5.0M units)
- India (3.2M units)
- Switzerland (2.5M units)
- Taiwan (Chinese) (1.6M units)
- China (0.8M units)
- Germany (0.2M units)
Exports of Pens; Nibs and Nib Points in Hong Kong SAR
In 2022, pens; nibs and nib points exports from Hong Kong SAR was estimated at 949K units, picking up by 6.7% on the previous year's figure. Over the period under review, exports, however, continue to indicate a mild setback. The growth pace was the most rapid in 2020 when exports increased by 39%. As a result, the exports reached the peak of 1.4M units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, pens; nibs and nib points exports totaled $316K in 2022. Overall, exports, however, faced a sharp decrease. Over the period under review, the exports hit record highs at $866K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Pens; Nibs and Nib Points in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 849 | 358 | 279 | 188 | -39.5% |
| Germany | N/A | N/A | 1.0 | 67.4 | 6640.0% |
| United Kingdom | N/A | 0.3 | N/A | 16.9 | 650.6% |
| United States | 8.9 | 4.2 | 3.6 | 11.4 | 8.6% |
| Others | 7.8 | 7.7 | 29.2 | 32.2 | 60.4% |
| Total | 866 | 371 | 313 | 316 | -28.5% |
Top Export Markets for Pens; Nibs and Nib Points from Hong Kong SAR in 2022:
- China (531.3K units)
- Germany (300.7K units)
- United Kingdom (75.3K units)
- United States (31.7K units)
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