Price for Pens; Nibs and Nib Points in the UK - 2023
Contents:
- Price for Pens; Nibs and Nib Points in the UK (CIF) - 2022
- Price for Pens; Nibs and Nib Points in the UK (FOB) - 2022
- Imports of Pens; Nibs and Nib Points in the UK
- Exports of Pens; Nibs and Nib Points in the UK
Price for Pens; Nibs and Nib Points in the UK (CIF) - 2022
The average import price for pens; nibs and nib pointses stood at $12 per thousand units in 2022, with a decrease of -2.1% against the previous year. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2017 when the average import price increased by 35%. As a result, import price reached the peak level of $20 per thousand units. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($12 per thousand units) and Japan ($12 per thousand units), while the price for Italy ($12 per thousand units) and France ($12 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.8%), while the prices for the other major suppliers experienced a decline.
Price for Pens; Nibs and Nib Points in the UK (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $8.9 per thousand units, dropping by -4.6% against the previous year. In general, the export price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2020 when the average export price increased by 30%. The export price peaked at $14 per thousand units in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($12 per thousand units), while the average price for exports to Malta ($5.4 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 Finland (-1.5%), while the prices for the other major destinations experienced a decline.
Imports of Pens; Nibs and Nib Points in the UK
In 2022, imports of pens; nibs and nib pointses into the UK stood at 92M units, rising by 8% against the previous year. Over the period under review, total imports indicated a tangible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, pens; nibs and nib points imports rose rapidly to $1.1M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 39% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Pens; Nibs and Nib Points in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 484 | 194 | 104 | 434 | -3.6% |
| Japan | 129 | 144 | 94.6 | 166 | 8.8% |
| Germany | 119 | 172 | 570 | 158 | 9.9% |
| France | 57.1 | 60.8 | 20.2 | 106 | 22.9% |
| United States | 30.2 | 23.6 | 41.3 | 60.7 | 26.2% |
| Italy | 6.5 | 0.7 | 2.4 | 27.8 | 62.3% |
| India | 4.6 | 10.1 | 29.2 | 27.2 | 80.8% |
| Hong Kong SAR | 129 | 47.2 | 21.3 | 24.2 | -42.8% |
| Others | 65.0 | 79.5 | 136 | 72.9 | 3.9% |
| Total | 1,024 | 732 | 1,019 | 1,078 | 1.7% |
Top Suppliers of Pens; Nibs and Nib Points to the UK in 2022:
- China (37.0M units)
- Japan (14.2M units)
- Germany (13.5M units)
- France (9.0M units)
- United States (5.2M units)
- Italy (2.4M units)
- India (2.3M units)
- Hong Kong SAR (2.1M units)
Exports of Pens; Nibs and Nib Points in the UK
Pens; nibs and nib points exports from the UK amounted to 67M units in 2022, therefore, remained relatively stable against the previous year's figure. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 17%. Over the period under review, the exports reached the maximum at 98M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, pens; nibs and nib points exports reduced slightly to $597K in 2022. In general, exports, however, faced a deep downturn. The exports peaked at $1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pens; Nibs and Nib Points in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 80.3 | 60.5 | 68.3 | 121 | 14.6% |
| Sweden | 4.4 | 7.2 | 6.5 | 85.9 | 169.3% |
| Finland | 6.3 | 5.5 | 6.9 | 51.0 | 100.8% |
| United States | 96.6 | 32.8 | 105 | 47.1 | -21.3% |
| Hong Kong SAR | 220 | 114 | 5.8 | 38.2 | -44.2% |
| Germany | 161 | 160 | 96.1 | 35.9 | -39.4% |
| Netherlands | 32.7 | 32.3 | 39.5 | 28.2 | -4.8% |
| Czech Republic | 32.6 | 37.4 | 32.0 | 22.8 | -11.2% |
| Poland | 20.0 | 14.2 | 30.3 | 18.0 | -3.5% |
| Bulgaria | 2.2 | 2.4 | N/A | 14.5 | 87.5% |
| Austria | 25.0 | 13.7 | 16.1 | 14.4 | -16.8% |
| Brazil | N/A | N/A | N/A | 10.4 | 0% |
| Malta | N/A | 1.2 | N/A | 7.4 | 148.3% |
| Others | 328 | 272 | 215 | 102 | -32.3% |
| Total | 1,010 | 752 | 621 | 597 | -16.1% |
Top Export Markets for Pens; Nibs and Nib Points from the UK in 2022:
- France (12.4M units)
- United States (8.6M units)
- Sweden (7.7M units)
- Finland (4.4M units)
- Hong Kong SAR (3.9M units)
- Germany (3.7M units)
- Poland (3.3M units)
- Netherlands (2.8M units)
- Czech Republic (2.3M units)
- Brazil (1.9M units)
- Malta (1.4M units)
- Austria (1.3M units)
- Bulgaria (1.3M units)
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