Luxembourg - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Ball Pen Price in Luxembourg - 2023

Contents:

  1. Ball Pen Price in Luxembourg (CIF) - 2022
  2. Ball Pen Price in Luxembourg (FOB) - 2022
  3. Ball Pen Imports in Luxembourg
  4. Ball Pen Exports in Luxembourg

Ball Pen Price in Luxembourg (CIF) - 2022

In 2022, the average ball pen import price amounted to $1.4 per unit, shrinking by -13.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 22% against the previous year. The import price peaked at $1.6 per unit in 2021, and then declined in the following year.

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 Japan ($2.5 per unit), while the price for China ($1.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Ball Pen Price in Luxembourg (FOB) - 2022

In 2022, the average ball pen export price amounted to $1.4 per unit, surging by 16% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ball pen export price increased by +43.0% against 2019 indices. The growth pace was the most rapid in 2016 an increase of 29%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($17 per unit), while the average price for exports to the United Arab Emirates ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+34.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports in Luxembourg

In 2022, approx. 2.2M units of ball-point pens were imported into Luxembourg; growing by 6.3% on the previous year's figure. Overall, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 8.6%. Over the period under review, imports hit record highs at 2.9M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ball pen imports shrank to $3.1M in 2022. In general, imports, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Imports peaked at $3.5M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Ball Pen in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany878622797756-4.9%
Belgium799705710659-6.2%
France553467614536-1.0%
China2872053313446.2%
Switzerland202132213172-5.2%
Japan218212181158-10.2%
Netherlands96.770.662.41248.6%
Others422321435316-9.2%
Total3,4572,7343,3443,065-3.9%

Top Suppliers of Ball Pen to Luxembourg in 2022:

  1. Belgium (572.0K units)
  2. France (358.6K units)
  3. Germany (326.0K units)
  4. China (313.8K units)
  5. Switzerland (104.5K units)
  6. Netherlands (85.2K units)
  7. Japan (64.2K units)

Ball Pen Exports in Luxembourg

In 2022, approx. 169K units of ball-point pens were exported from Luxembourg; which is down by -1.9% against 2021. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 34%. As a result, the exports reached the peak of 172K units, and then fell modestly in the following year.

In value terms, ball pen exports rose markedly to $245K in 2022. Over the period under review, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 56% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Ball Pen in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium58.152.812897.318.8%
Hong Kong SARN/AN/A0.255.527650.0%
France58.049.258.044.3-8.6%
ChinaN/A0.8N/A14.0318.3%
United Arab Emirates0.20.37.22.5132.1%
Oman2.127.80.1N/A-78.2%
Others24.07.421.831.29.1%
Total14213821524519.9%

Top Export Markets for Ball Pen from Luxembourg in 2022:

  1. Belgium (82.6K units)
  2. France (41.5K units)
  3. China (25.3K units)
  4. United Arab Emirates (5.6K units)
  5. Hong Kong SAR (3.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the ball pen market in Luxembourg. 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:

  • Luxembourg

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Luxembourg
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Ball-Point Pens - Luxembourg