Price for Pens; Nibs and Nib Points in Vietnam - 2022
Contents:
- Price for Pens; Nibs and Nib Points in Vietnam (CIF) - 2022
- Price for Pens; Nibs and Nib Points in Vietnam (FOB) - 2022
- Imports of Pens; Nibs and Nib Points in Vietnam
- Exports of Pens; Nibs and Nib Points in Vietnam
Price for Pens; Nibs and Nib Points in Vietnam (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to $13 per thousand units, approximately mirroring the previous year. Over the period under review, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 7.6%. The import price peaked at $25 per thousand units in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($13 per thousand units) and Japan ($13 per thousand units), while the price for Malaysia ($12 per thousand units) and China ($13 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 (-6.3%), while the prices for the other major suppliers experienced a decline.
Price for Pens; Nibs and Nib Points in Vietnam (FOB) - 2022
In 2022, the average export price for pens; nibs and nib pointses amounted to $6.3 per thousand units, which is down by -44.2% against the previous year. Over the period under review, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2019 an increase of 40%. Over the period under review, the average export prices attained the peak figure at $17 per thousand units in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($6.3 per thousand units), while the average price for exports to Sri Lanka ($6.3 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 South Korea (+88.0%), while the prices for the other major destinations experienced a decline.
Imports of Pens; Nibs and Nib Points in Vietnam
In 2022, the amount of pens; nibs and nib pointses imported into Vietnam soared to 721M units, with an increase of 23% compared with 2021. The total import volume increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, pens; nibs and nib points imports soared to $9.3M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Pens; Nibs and Nib Points in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3.9 | 3.4 | 4.5 | 4.0 | 0.8% |
| Malaysia | 0.8 | 1.5 | 1.4 | 2.2 | 40.1% |
| India | 0.7 | 0.6 | 0.8 | 1.3 | 22.9% |
| Thailand | 0.6 | 0.3 | 0.2 | 1.0 | 18.6% |
| Switzerland | 0.9 | 0.4 | 0.4 | 0.4 | -23.7% |
| China | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.1 | 6.4 | 7.5 | 9.3 | 9.4% |
Top Suppliers of Pens; Nibs and Nib Points to Vietnam in 2022:
- Japan (308.6M units)
- Malaysia (185.0M units)
- India (97.2M units)
- Thailand (76.3M units)
- Switzerland (29.7M units)
- China (24.2M units)
Exports of Pens; Nibs and Nib Points in Vietnam
In 2022, shipments abroad of pens; nibs and nib pointses decreased by -4.1% to 8.3M units, falling for the second year in a row after two years of growth. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 8,041%. As a result, the exports attained the peak of 9.9M units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, pens; nibs and nib points exports fell sharply to $52K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 10,361% against the previous year. As a result, the exports reached the peak of $149K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Pens; Nibs and Nib Points in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 148 | 92.5 | 39.9 | -48.1% |
| South Korea | N/A | N/A | N/A | 11.3 | 0% |
| Sri Lanka | N/A | N/A | N/A | 0.9 | 0% |
| Japan | N/A | N/A | 2.9 | N/A | 0% |
| Others | 1.4 | 0.4 | 1.8 | N/A | 13.4% |
| Total | 1.4 | 149 | 97.2 | 52.1 | 233.9% |
Top Export Markets for Pens; Nibs and Nib Points from Vietnam in 2022:
- Malaysia (6.3M units)
- South Korea (1.8M units)
- Sri Lanka (0.1M units)
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