Croatia: Ball Pen Market 2024

Ball Pen Market Size in Croatia

The Croatian ball pen market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption continues to indicate 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 stood at a somewhat lower figure.

Ball Pen Production in Croatia

In value terms, ball pen production reached $X in 2022 estimated in export price. In general, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Ball Pen Exports

Exports from Croatia

After two years of decline, shipments abroad of ball-point pens increased by X% to X units in 2022. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, ball pen exports shrank to $X in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Bosnia and Herzegovina (X units), Serbia (X units) and Slovenia (X units) were the main destinations of ball pen exports from Croatia, together comprising X% of total exports. Hungary, Spain, Austria, Germany, Greece, Montenegro, Italy, Romania, France and North Macedonia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Serbia ($X) and Hungary ($X) constituted the largest markets for ball pen exported from Croatia worldwide, with a combined X% share of total exports. Bosnia and Herzegovina, Germany, Greece, Austria, Montenegro, Italy, France, Romania, Spain and North Macedonia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Greece, 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 more modest paces of growth.

Export Prices by Country

The average ball pen export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then contracted in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Spain ($X 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 Romania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports

Imports into Croatia

In 2022, after three years of decline, there was significant growth in overseas purchases of ball-point pens, when their volume increased by X% to X units. Overall, imports, however, saw a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, ball pen imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ball pen to Croatia, accounting for a X% share of total imports. Moreover, ball pen imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Hungary (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Hungary (X% per year).

In value terms, the largest ball pen suppliers to Croatia were China ($X), Germany ($X) and Japan ($X), with a combined X% share of total imports. Slovenia, Hungary, France, Poland, Italy and Portugal lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Portugal, with a CAGR of X%, recorded 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 average ball pen import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 an increase of X%. As a result, import price attained the peak level of $X per unit, and then dropped slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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