Hong Kong SAR, China: Ball Pen Market 2022

Ball Pen Market Size in Hong Kong SAR, China

In 2021, the Hong Kong ball pen market decreased by -X% to $X, falling for the fourth year in a row after two years of growth. In general, consumption saw a deep downturn. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Ball Pen Exports

Exports from Hong Kong SAR, China

In 2021, approx. X units of ball-point pens were exported from Hong Kong SAR; dropping by -X% on the previous year. Overall, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ball pen exports fell to $X in 2021. Over the period under review, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), the United States (X units) and Taiwan (Chinese) (X units) were the main destinations of ball pen exports from Hong Kong SAR, with a combined X% share of total exports. These countries were followed by the UK, Switzerland, Japan, France, Germany, the United Arab Emirates, Argentina and Australia, which together accounted for a further X 2012 to 2021, the biggest increases were in the United Arab Emirates (with a CAGR of +X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Switzerland ($X) and the United States ($X) constituted the largest markets for ball pen exported from Hong Kong SAR worldwide, together accounting for X% of total exports. These countries were followed by Japan, France, Germany, Australia, the UK, Taiwan (Chinese), the United Arab Emirates and Argentina, which together accounted for a further X United Arab Emirates, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

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 last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per unit), while the average price for exports to Argentina ($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 Switzerland (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports

Imports into Hong Kong SAR, China

Ball pen imports into Hong Kong SAR contracted sharply to X units in 2021, with a decrease of -X% on 2020 figures. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ball pen imports skyrocketed to $X in 2021. Over the period under review, imports recorded a deep contraction. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units) and Japan (X units) were the main suppliers of ball pen imports to Hong Kong SAR.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of -X value terms, China ($X) and Japan ($X) constituted the largest ball pen suppliers to Hong Kong SAR.

China, with a CAGR of -X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average ball pen import price amounted to $X per unit, rising by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ball pen import price increased by +X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was China ($X per unit), while the price for Japan totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :