Price for Pens; Nibs and Nib Points in Pakistan - 2023

Contents:

  1. Price for Pens; Nibs and Nib Points in Pakistan (CIF) - 2022
  2. Imports of Pens; Nibs and Nib Points in Pakistan

Price for Pens; Nibs and Nib Points in Pakistan (CIF) - 2022

In 2022, the average import price for pens; nibs and nib pointses amounted to $20 per thousand units, growing by 2.1% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 47% against the previous year. The import price peaked at $21 per thousand units in 2013; however, from 2014 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 ($31 per thousand units), while the price for South Korea ($4.9 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 (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Pens; Nibs and Nib Points in Pakistan

Pens; nibs and nib points imports into Pakistan soared to 201M units in 2022, jumping by 18% on 2021. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. Imports peaked at 218M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pens; nibs and nib points imports skyrocketed to $4M in 2022. Overall, imports recorded a modest expansion. The most prominent rate of growth was recorded in 2021 with an increase of 75% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Pens; Nibs and Nib Points in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,3861,2712,2763,0969.1%
Japan1,042278657724-11.4%
Malaysia18142.296.0140-8.2%
South Korea40.930.628.222.0-18.7%
Thailand53.2181153N/A69.6%
India58.847.347.0N/A-10.6%
Others41.743.258.712.2-33.6%
Total3,8051,8943,3173,9941.6%

Top Suppliers of Pens; Nibs and Nib Points to Pakistan in 2022:

  1. China (161.3M units)
  2. Japan (30.2M units)
  3. Malaysia (4.6M units)
  4. South Korea (4.5M units)

Source: IndexBox Market Intelligence Platform

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