Asia: Ball Pen Market 2022

Ball Pen Market Size in Asia

After two years of decline, the Asian ball pen market increased by X% to $X in 2021. Overall, consumption, however, continues to indicate a pronounced decrease. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Ball Pen Production in Asia

In value terms, ball pen production expanded sharply to $X in 2021 estimated in export price. Over the period under review, production, however, showed a slight downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Ball Pen Exports

Exports in Asia

In 2021, shipments abroad of ball-point pens increased by X% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a slight shrinkage. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ball pen exports surged to $X in 2021. Over the period under review, exports, however, continue to indicate a slight descent. The level of export peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, China (X units) represented the main exporter of ball-point pens, constituting X% of total exports. India (X units) held the second position in the ranking, distantly followed by Japan (X units). All these countries together held approx. X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ball pen exports from China stood at -X%. At the same time, Japan (+X%) and India (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. India (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -X% from 2012 to 2021, respectively.

In value terms, China ($X), Japan ($X) and India ($X) constituted the countries with the highest levels of exports in 2021, with a combined X% share of total exports.

Among the main exporting countries, Japan, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Asia stood at $X per unit in 2021, growing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Japan ($X per unit), while India (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the other leaders experienced a decline in the export price figures.

Ball Pen Imports

Imports in Asia

In 2021, ball pen imports in Asia surged to X units, with an increase of X% compared with the previous year. Over the period under review, imports, however, saw a pronounced setback. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, ball pen imports skyrocketed to $X in 2021. In general, imports, however, saw a pronounced shrinkage. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United Arab Emirates represented the major importing country with an import of around X units, which reached X% of total imports. China (X units) took the second position in the ranking, followed by Thailand (X units), Japan (X units) and South Korea (X units). All these countries together held approx. X% share of total imports. Singapore (X units), India (X units), Bangladesh (X units), Nepal (X units) and Hong Kong SAR (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to ball pen imports into the United Arab Emirates stood at -X%. At the same time, China (+X%), Bangladesh (+X%), Nepal (+X%), South Korea (+X%) and India (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Singapore (-X%), Japan (-X%), Thailand (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), South Korea (+X p.p.), India (+X p.p.), Bangladesh (+X p.p.) and Nepal (+X p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Hong Kong SAR (-X p.p.), the United Arab Emirates (-X p.p.) and Thailand (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported ball-point pens in Asia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by Hong Kong SAR, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Hong Kong SAR (-X% per year).

Import Prices by Country

In 2021, the import price in Asia amounted to $X per unit, remaining relatively unchanged against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. The level of import peaked at $X per unit in 2020, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Hong Kong SAR ($X per unit), while the United Arab Emirates (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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