Price for Pens; Nibs and Nib Points in South Africa - 2023
Contents:
- Price for Pens; Nibs and Nib Points in South Africa (FOB) - 2022
- Price for Pens; Nibs and Nib Points in South Africa (CIF) - 2022
- Exports of Pens; Nibs and Nib Points in South Africa
- Imports of Pens; Nibs and Nib Points in South Africa
Price for Pens; Nibs and Nib Points in South Africa (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $9.9 per thousand units, growing by 37% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pens; nibs and nib points export price increased by +80.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 60%. The export price peaked at $13 per thousand units in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($11 per thousand units), while the average price for exports to Namibia ($6.6 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 Mozambique (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Pens; Nibs and Nib Points in South Africa (CIF) - 2022
The average import price for pens; nibs and nib pointses stood at $0.1 per unit in 2022, with an increase of 2,060% against the previous year. In general, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices attained the maximum at $0.2 per unit in 2012; however, from 2013 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 Japan ($3.5 per unit), while the price for China (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 New Zealand (+414.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Pens; Nibs and Nib Points in South Africa
Pens; nibs and nib points exports from South Africa skyrocketed to 175M units in 2022, increasing by 22% on 2021 figures. Overall, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 9,604% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, pens; nibs and nib points exports surged to $1.7M in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 7,854%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Pens; Nibs and Nib Points in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | 3.2 | 0.2 | 1,020 | 1,707 | 711.0% |
| Botswana | 22.9 | 6.5 | 1.7 | 2.3 | -53.5% |
| Others | 11.5 | 6.3 | 12.6 | 22.5 | 25.1% |
| Total | 37.7 | 13.0 | 1,035 | 1,732 | 258.2% |
Top Export Markets for Pens; Nibs and Nib Points from South Africa in 2022:
- Mozambique (172.1M units)
- Botswana (0.2M units)
Imports of Pens; Nibs and Nib Points in South Africa
In 2022, the amount of pens; nibs and nib pointses imported into South Africa declined dramatically to 5.1M units, dropping by -94.6% against the previous year's figure. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 92%. As a result, imports reached the peak of 94M units, and then contracted markedly in the following year.
In value terms, pens; nibs and nib points imports skyrocketed to $487K in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pens; Nibs and Nib Points in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 315 | 288 | 306 | 315 | 0.0% |
| China | 90.5 | 68.0 | 51.6 | 110 | 6.7% |
| India | 39.7 | 26.0 | 49.6 | 49.3 | 7.5% |
| Germany | 9.0 | 5.0 | 4.7 | 9.5 | 1.8% |
| Others | 10.3 | 10.0 | 7.1 | 3.9 | -27.7% |
| Total | 465 | 397 | 419 | 487 | 1.6% |
Top Suppliers of Pens; Nibs and Nib Points to South Africa in 2022:
- China (3.4M units)
- India (1.2M units)
- Germany (0.3M units)
- Japan (0.1M units)
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