Price for Pens; Nibs and Nib Points in the Dominican Republic - 2023
Contents:
- Price for Pens; Nibs and Nib Points in the Dominican Republic (CIF) - 2022
- Imports of Pens; Nibs and Nib Points in the Dominican Republic
Price for Pens; Nibs and Nib Points in the Dominican Republic (CIF) - 2022
The average import price for pens; nibs and nib pointses stood at $38 per thousand units in 2022, declining by -48.6% against the previous year. Over the period under review, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 89% against the previous year. The import price peaked at $82 per thousand units in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 the United States ($188 per thousand units), while the price for China ($14 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Pens; Nibs and Nib Points in the Dominican Republic
For the fourth year in a row, the Dominican Republic recorded growth in purchases abroad of pens; nibs and nib pointses, which increased by 385% to 473K units in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 432% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, pens; nibs and nib points imports soared to $18K in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 846%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Pens; Nibs and Nib Points in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 0.8 | 2.0 | 11.0 | 270.8% |
| China | N/A | 0.1 | 0.2 | 5.1 | 614.1% |
| Germany | N/A | 0.1 | 0.1 | 1.3 | 260.6% |
| Austria | N/A | 0.2 | 0.3 | 0.6 | 73.2% |
| Italy | 0.4 | 3.1 | 4.6 | N/A | 239.1% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 0.5 | 4.4 | 7.2 | 18.1 | 230.8% |
Top Suppliers of Pens; Nibs and Nib Points to the Dominican Republic in 2022:
- China (369.6K units)
- United States (58.8K units)
- Austria (23.0K units)
- Germany (21.1K units)
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