Price for Pens; Nibs and Nib Points in the United States - 2023
Contents:
- Price for Pens; Nibs and Nib Points in the United States (CIF) - 2022
- Price for Pens; Nibs and Nib Points in the United States (FOB) - 2022
- Imports of Pens; Nibs and Nib Points in the United States
- Exports of Pens; Nibs and Nib Points in the United States
Price for Pens; Nibs and Nib Points in the United States (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to $21 per thousand units, which is down by -10.4% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 import price increased by +55.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum at $24 per thousand units in 2018; however, from 2019 to 2022, import prices stood 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 Malaysia ($56 per thousand units), while the price for Switzerland ($8.5 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pens; Nibs and Nib Points in the United States (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $0.1 per unit, picking up by 7.4% against the previous year. Overall, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 74%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($0.2 per unit), while the average price for exports to Japan (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 recorded for supplies to Mexico (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Pens; Nibs and Nib Points in the United States
After two years of decline, supplies from abroad of pens; nibs and nib pointses increased by 24% to 991M units in 2022. Over the period under review, imports, however, continue to indicate a mild slump. Over the period under review, imports reached the peak figure at 1B units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, pens; nibs and nib points imports reached $21M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 51% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Pens; Nibs and Nib Points in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.8 | 5.0 | 8.0 | 8.7 | 8.6% |
| Japan | 5.9 | 4.4 | 6.6 | 6.9 | 5.4% |
| India | 0.9 | 1.5 | 1.8 | 2.3 | 36.7% |
| China | 1.9 | 1.0 | 1.5 | 1.8 | -1.8% |
| Others | 0.9 | 0.7 | 1.1 | 1.2 | 10.1% |
| Total | 16.5 | 12.6 | 18.9 | 21.0 | 8.4% |
Top Suppliers of Pens; Nibs and Nib Points to the United States in 2022:
- Japan (434.8M units)
- China (185.9M units)
- India (184.0M units)
- Malaysia (156.1M units)
Exports of Pens; Nibs and Nib Points in the United States
In 2022, pens; nibs and nib points exports from the United States soared to 69M units, with an increase of 184% on the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, pens; nibs and nib points exports skyrocketed to $8.3M in 2022. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Pens; Nibs and Nib Points in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 762 | 1,338 | 1,605 | 4,161 | 76.1% |
| Mexico | 998 | 588 | 442 | 3,077 | 45.5% |
| Germany | 512 | 554 | 290 | 521 | 0.6% |
| Brazil | 140 | 72.2 | 104 | 143 | 0.7% |
| China | 43.5 | 69.0 | 34.3 | 113 | 37.5% |
| France | 43.1 | 18.7 | 8.7 | N/A | -55.1% |
| Others | 469 | 339 | 242 | 318 | -12.1% |
| Total | 2,967 | 2,979 | 2,728 | 8,332 | 41.1% |
Top Export Markets for Pens; Nibs and Nib Points from the United States in 2022:
- Mexico (41.2M units)
- Malaysia (18.1M units)
- Germany (3.0M units)
- Brazil (2.9M units)
- China (1.4M units)
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