Price for Pens; Nibs and Nib Points in Pakistan - 2023
Contents:
- Price for Pens; Nibs and Nib Points in Pakistan (CIF) - 2022
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,386 | 1,271 | 2,276 | 3,096 | 9.1% |
Japan | 1,042 | 278 | 657 | 724 | -11.4% |
Malaysia | 181 | 42.2 | 96.0 | 140 | -8.2% |
South Korea | 40.9 | 30.6 | 28.2 | 22.0 | -18.7% |
Thailand | 53.2 | 181 | 153 | N/A | 69.6% |
India | 58.8 | 47.3 | 47.0 | N/A | -10.6% |
Others | 41.7 | 43.2 | 58.7 | 12.2 | -33.6% |
Total | 3,805 | 1,894 | 3,317 | 3,994 | 1.6% |
Top Suppliers of Pens; Nibs and Nib Points to Pakistan in 2022:
- China (161.3M units)
- Japan (30.2M units)
- Malaysia (4.6M units)
- South Korea (4.5M units)
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