MERCOSUR: Market for Pen Or Pencil Sets 2023

Exports of Pen Or Pencil Sets

Exports in MERCOSUR

In 2022, overseas shipments of pen or pencil sets increased by 229% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 395%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, pen or pencil sets exports surged to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 302%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil was the key exporting country with an export of about X units, which resulted at 80% of total exports. It was distantly followed by Argentina (X units), creating a 16% share of total exports. Chile (X units) took a little share of total exports.

Exports from Brazil increased at an average annual rate of +20.9% from 2012 to 2022. At the same time, Argentina (+50.3%) displayed positive paces of growth. Moreover, Argentina emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +50.3% from 2012-2022. By contrast, Chile (-24.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil and Argentina increased by +57 and +16 percentage points, respectively.

In value terms, Brazil ($X) emerged as the largest pen or pencil sets supplier in MERCOSUR, comprising 76% of total exports. The second position in the ranking was taken by Argentina ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil stood at +15.8%. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (+36.6% per year) and Chile (-29.5% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per unit, declining by -20.4% against the previous year. Overall, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2017 when the export price increased by 94%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Argentina ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (-4.2%), while the other leaders experienced a decline in the export price figures.

Imports of Pen Or Pencil Sets

Imports in MERCOSUR

In 2022, approx. X units of pen or pencil sets were imported in MERCOSUR; waning by -21.4% on the previous year. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 130% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, pen or pencil sets imports reduced to $X in 2022. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X units) and Chile (X units) were the key importers of pen or pencil sets in 2022, resulting at near 38% and 33% of total imports, respectively. It was distantly followed by Colombia (X units) and Paraguay (X units), together achieving a 21% share of total imports. Uruguay (X units) and Brazil (X units) took a minor share of total imports.

From 2012 to 2022, the biggest increases were recorded for Colombia (with a CAGR of -1.0%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Chile ($X) constitutes the largest market for imported pen or pencil sets in MERCOSUR, comprising 62% of total imports. The second position in the ranking was taken by Colombia ($X), with a 13% share of total imports. It was followed by Argentina, with an 11% share.

In Chile, pen or pencil sets imports decreased by an average annual rate of -5.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Colombia (-5.3% per year) and Argentina (-19.5% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per unit, increasing by 15% against the previous year. Import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pen or pencil sets import price decreased by -20.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 64%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Chile ($X per unit), while Argentina ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+9.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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