Price for Pens; Nibs and Nib Points in Saudi Arabia - 2021
Contents:
- Price for Pens; Nibs and Nib Points in Saudi Arabia (CIF) - 2022
- Imports of Pens; Nibs and Nib Points in Saudi Arabia
Price for Pens; Nibs and Nib Points in Saudi Arabia (CIF) - 2022
In 2022, the average import price for pens; nibs and nib pointses amounted to $26 per thousand units, falling by -1.8% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant expansion. Over the period under review, average import prices hit record highs at $26 per thousand units in 2021, and then shrank in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($120 per thousand units), while the price for the United Arab Emirates totaled $24 per thousand units.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+150.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Pens; Nibs and Nib Points in Saudi Arabia
In 2022, purchases abroad of pens; nibs and nib pointses decreased by -49.1% to 630K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a sharp decrease. Over the period under review, imports attained the peak figure at 3.2M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, pens; nibs and nib points imports fell remarkably to $16K in 2022. In general, imports showed a precipitous slump. Over the period under review, imports hit record highs at $39K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pens; Nibs and Nib Points in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | 0.5 | 14.0 | 2700.0% |
| China | 22.9 | N/A | 4.9 | 1.5 | -59.7% |
| South Korea | 6.9 | N/A | N/A | N/A | 0% |
| Others | 9.7 | N/A | 27.0 | 0.7 | -58.4% |
| Total | 39.5 | N/A | 32.3 | 16.2 | -25.7% |
Top Suppliers of Pens; Nibs and Nib Points to Saudi Arabia in 2022:
- United Arab Emirates (592.5K units)
- China (12.3K units)
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