United Arab Emirates: Market for Pen Or Pencil Sets 2023

Market Size for Pen Or Pencil Sets in the United Arab Emirates

In 2022, the pen or pencil sets market in the United Arab Emirates decreased by X% to $X, falling for the third consecutive year after three years of growth. In general, consumption showed a dramatic decrease. Pen or pencil sets consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Exports of Pen Or Pencil Sets

Exports from the United Arab Emirates

Pen or pencil sets exports from the United Arab Emirates surged to X units in 2022, increasing by X% against the year before. Overall, exports enjoyed a buoyant increase. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, pen or pencil sets exports soared to $X in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X units), South Africa (X units) and Qatar (X units) were the main destinations of pen or pencil sets exports from the United Arab Emirates, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pen or pencil sets exported from the United Arab Emirates were Kuwait ($X), Saudi Arabia ($X) and Qatar ($X), together accounting for X% of total exports.

Saudi Arabia, with a CAGR of X.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pen or pencil sets export price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the export price, however, saw a measured expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the average price for exports to Comoros ($X 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 Mozambique (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pen Or Pencil Sets

Imports into the United Arab Emirates

For the third consecutive year, the United Arab Emirates recorded decline in purchases abroad of pen or pencil sets, which decreased by X% to X units in 2022. In general, imports saw a deep slump. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, pen or pencil sets imports fell rapidly to $X in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) was the main pen or pencil sets supplier to the United Arab Emirates, accounting for a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%.

In value terms, China ($X) constituted the largest supplier of pen or pencil sets to the United Arab Emirates, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at X%.

Import Prices by Country

The average pen or pencil sets import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained 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 Germany ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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