Asia: Ball Pen Market 2024

Ball Pen Market Size in Asia

The Asian ball pen market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Ball Pen Production in Asia

In value terms, ball pen production dropped to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Ball Pen Exports

Exports in Asia

In 2022, shipments abroad of ball-point pens increased by X% to X units, rising for the second year in a row after two years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The volume of export peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ball pen exports surged to $X in 2022. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China was the largest exporter of ball-point pens in Asia, with the volume of exports resulting at X units, which was approx. X% of total exports in 2022. It was distantly followed by India (X units) and Japan (X units), together achieving a X% share of total exports. Turkey (X units) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of ball-point pens. At the same time, Turkey (X%), India (X%) and Japan (X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. While the share of India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of China (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ball pen supplying countries in Asia were China ($X), Japan ($X) and India ($X), together accounting for X% of total exports. These countries were followed by Turkey, which accounted for a further X%.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Asia stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, 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 2022, 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 2022, supplies from abroad of ball-point pens increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, ball pen imports rose notably to $X in 2022. Overall, imports, however, showed a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of ball pen imports in 2022 were the United Arab Emirates (X units), China (X units), Indonesia (X units), Thailand (X units), India (X units), Japan (X units), Singapore (X units), Nepal (X units), Turkey (X units), South Korea (X units), the Philippines (X units) and Uzbekistan (X units), together resulting at X% of total import. Iraq (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Uzbekistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest ball pen importing markets in Asia were China ($X), the United Arab Emirates ($X) and South Korea ($X), with a combined X% share of total imports. Japan, Indonesia, Turkey, Singapore, Thailand, India, the Philippines, Iraq, Nepal and Uzbekistan lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Uzbekistan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per unit, falling by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while Uzbekistan (less than $X per unit) was amongst the lowest.

From 2012 to 2022, 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 Platform

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