Report Update: May 1, 2024

Colombia - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights

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Ball Pen Price in Colombia - 2022

Ball Pen Price in Colombia (CIF) - 2022

In 2022, the average ball pen import price amounted to $0.1 per unit, stabilizing at the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. Over the period under review, average import prices hit record highs at $0.1 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($0.4 per unit), while the price for India (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+15.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Ball Pen Price in Colombia (FOB) - 2022

The average ball pen export price stood at $0.2 per unit in 2022, declining by -37.7% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2014 an increase of 106%. As a result, the export price reached the peak level of $0.5 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the Dominican Republic amounted to +23.4% per year.

Ball Pen Imports in Colombia

In 2022, ball pen imports into Colombia dropped to 138M units, waning by -2.9% on 2021. In general, imports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 5.8% against the previous year. Imports peaked at 204M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ball pen imports dropped modestly to $11M in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 6.8% against the previous year. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ball Pen in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.4	2.7	2.9	3.8	-11.1%
India	4.3	3.8	4.0	3.7	-4.9%
Mexico	0.5	1.0	1.3	1.2	33.9%
United States	1.1	0.2	0.2	0.1	-55.0%
Others	3.8	2.9	2.9	2.1	-17.9%
Total	15.1	10.6	11.3	11.0	-10.0%

Top Suppliers of Ball Pen to Colombia in 2022:

India (79.0M units)
China (38.0M units)
Mexico (19.9M units)
United States (0.3M units)

Ball Pen Exports in Colombia

In 2022, ball pen exports from Colombia shrank to 1.8M units, with a decrease of -10.8% against 2021 figures. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 952%. As a result, the exports attained the peak of 2M units, and then dropped in the following year.

In value terms, ball pen exports declined dramatically to $301K in 2022. Overall, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 800%. As a result, the exports attained the peak of $541K, and then declined remarkably in the following year.

Export of Ball Pen in Colombia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	2.1	N/A	0.1	301	423.3%
Ecuador	44.2	7.3	103	N/A	52.7%
Chile	11.0	2.4	33.7	N/A	75.0%
Costa Rica	11.8	1.3	6.9	N/A	-23.5%
Mexico	15.0	25.7	270	N/A	324.3%
Others	71.0	23.4	128	N/A	34.3%
Total	155	60.1	541	301	24.8%

Top Export Markets for Ball Pen from Colombia in 2022:

United Arab Emirates (1.8M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball pen market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991210 - Ball-point pens

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023