Mexico - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Pen Price in Mexico - 2023
Contents:
- Ball Pen Price in Mexico (FOB) - 2022
- Ball Pen Price in Mexico (CIF) - 2023
- Ball Pen Exports in Mexico
- Ball Pen Imports in Mexico
Ball Pen Price in Mexico (FOB) - 2022
In 2022, the average ball pen export price amounted to $0.1 per unit, growing by 5.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 318%. Over the period under review, the average export prices reached the peak figure at $0.7 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($0.1 per unit), while the average price for exports to Honduras (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 recorded for supplies to Canada (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.
Ball Pen Price in Mexico (CIF) - 2023
The average ball pen import price stood at $71.2 per thousand units in June 2023, with a decrease of -23% against the previous month. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in November 2022 an increase of 88% m-o-m. As a result, import price reached the peak level of $0.3 per unit. From December 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($368 per thousand units), while the price for China ($47.0 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (-0.9%), while the prices for the other major suppliers experienced a decline.
Ball Pen Exports in Mexico
In 2022, the amount of ball-point pens exported from Mexico fell slightly to 1.3B units, remaining stable against the previous year's figure. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 116%. As a result, the exports reached the peak of 1.3B units, leveling off in the following year.
In value terms, ball pen exports rose notably to $163M in 2022. In general, exports continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 18% against the previous year. The exports peaked at $198M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Ball Pen in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 178 | 121 | 142 | 146 | -6.4% |
| Canada | 2.4 | 2.9 | 5.2 | 5.9 | 35.0% |
| Guatemala | 2.7 | 1.5 | 2.0 | 3.1 | 4.7% |
| Colombia | 0.6 | 1.0 | 1.4 | 2.1 | 51.8% |
| Honduras | 1.4 | 0.4 | 0.5 | 1.1 | -7.7% |
| Nicaragua | 0.5 | 0.8 | 0.6 | 1.1 | 30.1% |
| El Salvador | 1.7 | 0.6 | 0.8 | 1.0 | -16.2% |
| Others | 10.7 | 2.4 | 2.1 | 2.2 | -41.0% |
| Total | 198 | 131 | 154 | 163 | -6.3% |
Top Export Markets for Ball Pen from Mexico in 2022:
- United States (1049.0M units)
- Guatemala (70.2M units)
- Canada (56.4M units)
- Colombia (40.2M units)
- Honduras (31.1M units)
- Nicaragua (26.3M units)
- El Salvador (20.1M units)
Ball Pen Imports in Mexico
In 2022, the amount of ball-point pens imported into Mexico soared to 1.1B units, increasing by 73% on 2021 figures. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 85%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, ball pen imports soared to $130M in 2022. Over the period under review, imports, however, recorded a mild slump. Imports peaked at $134M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ball Pen in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 66.2 | 41.9 | 47.5 | 71.3 | 2.5% |
| Germany | 6.5 | 3.5 | 6.3 | 14.2 | 29.8% |
| India | 10.6 | 8.2 | 8.8 | 13.9 | 9.5% |
| United States | 5.6 | 6.9 | 9.2 | 12.8 | 31.7% |
| Indonesia | 4.9 | 4.5 | 5.1 | 9.5 | 24.7% |
| Japan | 26.7 | 5.3 | 5.1 | 4.1 | -46.5% |
| South Korea | 10.2 | 4.2 | 1.4 | 1.7 | -45.0% |
| Others | 3.6 | 1.7 | 2.8 | 2.7 | -9.1% |
| Total | 134 | 76.2 | 86.3 | 130 | -1.0% |
Top Suppliers of Ball Pen to Mexico in 2022:
- China (672.2M units)
- India (262.0M units)
- United States (102.6M units)
- Germany (49.7M units)
- Indonesia (21.0M units)
- Japan (10.9M units)
- South Korea (8.1M units)
This report provides an in-depth analysis of the ball pen market in Mexico. 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:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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