Middle East: Market for Pen Or Pencil Sets 2024

Market Size for Pen Or Pencil Sets in the Middle East

The Middle Eastern pen or pencil sets market totaled $X in 2022, almost unchanged from the previous year. Overall, consumption, however, recorded a abrupt descent. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Pen Or Pencil Sets in the Middle East

In value terms, pen or pencil sets production fell to $X in 2022 estimated in export price. In general, production showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Pen Or Pencil Sets

Exports in the Middle East

In 2022, shipments abroad of pen or pencil sets decreased by X% to X units, falling for the third year in a row after two years of growth. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pen or pencil sets exports declined rapidly to $X in 2022. Overall, exports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 when exports increased by X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Jordan was the largest exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by the United Arab Emirates (X units), mixing up a X% share of total exports. Turkey (X units) held a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to pen or pencil sets exports from Jordan stood at X%. At the same time, the United Arab Emirates (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. Turkey experienced a relatively flat trend pattern. While the share of the United Arab Emirates (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Jordan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Jordan ($X) remains the largest pen or pencil sets supplier in the Middle East, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Jordan amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Jordan ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Imports of Pen Or Pencil Sets

Imports in the Middle East

In 2022, supplies from abroad of pen or pencil sets increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, pen or pencil sets imports fell remarkably to $X in 2022. In general, imports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Lebanon (X units), distantly followed by the United Arab Emirates (X units), Qatar (X units), Iran (X units) and Jordan (X units) represented the key importers of pen or pencil sets, together constituting X% of total imports. The following importers - Kuwait (X units) and Bahrain (X units) - each resulted at a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Lebanon (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pen or pencil sets in the Middle East, comprising X% of total imports. The second position in the ranking was held by Lebanon ($X), with an X% share of total imports. It was followed by Iran, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates totaled X%. In the other countries, the average annual rates were as follows: Lebanon (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price faced a drastic downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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