Dominican Republic - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Pen Price in the Dominican Republic - 2023
Contents:
- Ball Pen Price in the Dominican Republic (CIF) - 2022
- Ball Pen Price in the Dominican Republic (FOB) - 2022
- Ball Pen Imports in the Dominican Republic
- Ball Pen Exports in the Dominican Republic
Ball Pen Price in the Dominican Republic (CIF) - 2022
In 2022, the average ball pen import price amounted to $0.2 per unit, stabilizing at the previous year. Overall, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 16% against the previous year. Over the period under review, average import prices hit record highs at $0.6 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.5 per unit), while the price for Peru ($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 Germany (-8.9%), while the prices for the other major suppliers experienced a decline.
Ball Pen Price in the Dominican Republic (FOB) - 2022
In 2022, the average ball pen export price amounted to $1.1 per unit, reducing by -11.9% against the previous year. In general, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 67% against the previous year. Over the period under review, the average export prices hit record highs at $1.2 per unit in 2021, and then contracted in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nicaragua ($2.9 per unit), while the average price for exports to Panama ($0.6 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 Barbados (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Pen Imports in the Dominican Republic
In 2022, the amount of ball-point pens imported into the Dominican Republic soared to 27M units, jumping by 64% compared with 2021. In general, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, ball pen imports surged to $4.3M in 2022. Over the period under review, imports recorded slight growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Ball Pen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,250 | 784 | 553 | 1,379 | 3.3% |
| Mexico | 1,134 | 719 | 847 | 1,310 | 4.9% |
| Malaysia | 451 | 194 | 234 | 603 | 10.2% |
| Germany | 107 | 79.6 | 126 | 290 | 39.4% |
| India | 182 | 55.7 | 90.5 | 98.5 | -18.5% |
| Peru | 258 | 164 | 91.2 | 57.0 | -39.5% |
| Others | 680 | 406 | 635 | 532 | -7.9% |
| Total | 4,063 | 2,402 | 2,577 | 4,269 | 1.7% |
Top Suppliers of Ball Pen to the Dominican Republic in 2022:
- Mexico (14.8M units)
- China (5.9M units)
- Malaysia (4.2M units)
- Peru (0.9M units)
- India (0.6M units)
- Germany (0.5M units)
Ball Pen Exports in the Dominican Republic
In 2022, overseas shipments of ball-point pens were finally on the rise to reach 324K units after two years of decline. Overall, total exports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ball pen exports soared to $356K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ball Pen in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 25.2 | 68.9 | 101 | 72.0 | 41.9% |
| Panama | 28.5 | 10.7 | 10.2 | 44.8 | 16.3% |
| Jamaica | 18.3 | 67.0 | 5.4 | 36.0 | 25.3% |
| Haiti | 16.4 | 10.4 | 23.8 | 32.6 | 25.7% |
| Colombia | 7.6 | 10.6 | 12.4 | 28.9 | 56.1% |
| Barbados | 12.3 | 14.0 | 20.0 | 24.1 | 25.1% |
| Trinidad and Tobago | 21.4 | 11.9 | 4.6 | 23.9 | 3.8% |
| El Salvador | 14.2 | 5.6 | 11.2 | 18.2 | 8.6% |
| Nicaragua | 0.2 | 0.6 | 1.9 | 18.0 | 348.1% |
| United States | 14.2 | 7.5 | 7.9 | 16.5 | 5.1% |
| Honduras | 3.6 | 5.4 | 9.3 | 14.5 | 59.1% |
| Aruba | 9.8 | 6.5 | 8.8 | 12.0 | 7.0% |
| Belize | 11.0 | 6.3 | 2.7 | 8.4 | -8.6% |
| Others | 21.3 | 12.7 | 12.5 | 5.9 | -34.8% |
| Total | 204 | 238 | 232 | 356 | 20.4% |
Top Export Markets for Ball Pen from the Dominican Republic in 2022:
- Panama (79.4K units)
- Bolivia (63.5K units)
- Colombia (39.1K units)
- Haiti (34.2K units)
- Honduras (20.7K units)
- Jamaica (14.0K units)
- Trinidad and Tobago (13.8K units)
- El Salvador (12.5K units)
- Barbados (12.5K units)
- United States (10.5K units)
- Nicaragua (6.2K units)
- Aruba (5.7K units)
- Belize (5.0K units)
This report provides an in-depth analysis of the ball pen market in the Dominican Republic. 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:
- Dominican Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Dominican Republic
- 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
-
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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