China: Ball Pen Market 2022

Ball Pen Market Size in China

The Chinese ball pen market surged to $X in 2021, picking up by X% against the previous year. In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Ball pen consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Ball Pen Production in China

In value terms, ball pen production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. Ball pen production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Ball Pen Exports

Exports from China

In 2021, shipments abroad of ball-point pens decreased by -X% to X units, falling for the third year in a row after two years of growth. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained 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. In general, exports recorded a pronounced decline. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Russia (X units) and the UK (X units) were the main destinations of ball pen exports from China, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ball pen exports from China, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Germany (-X% per year).

Export Prices by Country

In 2021, the average ball pen export price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to Russia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports

Imports into China

For the fifth consecutive year, China recorded growth in purchases abroad of ball-point pens, which increased by X% to X units in 2021. Over the period under review, imports recorded strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, ball pen imports skyrocketed to $X in 2021. In general, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Japan (X units) was the main supplier of ball pen to China, accounting for a X% share of total imports. It was followed by Germany (X units), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Italy (+X% per year).

In value terms, Japan ($X) constituted the largest supplier of ball pen to China, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Japan amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average ball pen import price stood at $X per unit in 2021, jumping by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :