Price for Pens; Nibs and Nib Points in Indonesia - 2022

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

The average import price for pens; nibs and nib pointses stood at $12 per thousand units in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 85%. The import price peaked at $34 per thousand units in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($12 per thousand units), while the price for China ($12 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.5%), while the prices for the other major suppliers experienced a decline.

Price for Pens; Nibs and Nib Points in Indonesia (FOB) - 2022

In 2022, the average export price for pens; nibs and nib pointses amounted to $6.3 per thousand units, shrinking by -3.4% against the previous year. In general, the export price faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. The export price peaked at $64 per thousand units in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($6.3 per thousand units), while the average price for exports to the United States stood at $6.3 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Pakistan (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pens; Nibs and Nib Points in Indonesia

For the fourth consecutive year, Indonesia recorded growth in overseas purchases of pens; nibs and nib pointses, which increased by 20% to 488M units in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, pens; nibs and nib points imports surged to $5.9M in 2022. The total import value increased at an average annual rate of +1.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Import of Pens; Nibs and Nib Points in Indonesia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.9	2.9	3.6	3.6	-2.6%
Thailand	0.6	0.5	0.5	1.2	26.0%
China	0.7	0.6	0.6	1.0	12.6%
Singapore	0.3	N/A	N/A	N/A	0%
Others	0.1	0.1	0.1	N/A	0.0%
Total	5.7	4.0	4.9	5.9	1.2%

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

Japan (301.4M units)
Thailand (99.3M units)
China (82.8M units)
Singapore (0.3M units)

Exports of Pens; Nibs and Nib Points in Indonesia

In 2022, approx. 6.7M units of pens; nibs and nib pointses were exported from Indonesia; waning by -2.1% against the previous year's figure. Overall, exports showed a significant curtailment. Over the period under review, the exports hit record highs at 21M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, pens; nibs and nib points exports fell to $42K in 2022. Over the period under review, exports showed a dramatic slump. Over the period under review, the exports reached the peak figure at $108K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.