Malaysia: Ball Pen Market 2022

Ball Pen Market Size in Malaysia

In 2021, the Malaysian ball pen market decreased by -X% to $X, falling for the third consecutive year after three years of growth. Over the period under review, consumption continues to indicate a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ball Pen Production in Malaysia

In value terms, ball pen production declined significantly to $X in 2021 estimated in export price. Over the period under review, production showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Ball pen production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Ball Pen Exports

Exports from Malaysia

In 2021, shipments abroad of ball-point pens decreased by -X% to X units, falling for the sixth year in a row after four years of growth. In general, exports showed a abrupt decrease. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, ball pen exports contracted remarkably to $X in 2021. Overall, exports saw a deep reduction. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Thailand (X units) was the main destination for ball pen exports from Malaysia, with a X% share of total exports. Moreover, ball pen exports to Thailand exceeded the volume sent to the second major destination, Russia (X units), threefold. The third position in this ranking was taken by Singapore (X units), with a X% share.

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

In value terms, the largest markets for ball pen exported from Malaysia were Thailand ($X), Singapore ($X) and Russia ($X), together accounting for X% of total exports. These countries were followed by the Philippines, Germany, Nicaragua, Peru, the Dominican Republic, Australia, Hong Kong SAR, Japan, Hungary and Turkey, which together accounted for a further X the main countries of destination, Japan, with a CAGR of +X%, recorded the highest growth rate of 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

In 2021, the average ball pen export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to Thailand ($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 Australia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports

Imports into Malaysia

In 2021, approx. X units of ball-point pens were imported into Malaysia; dropping by -X% compared with the year before. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, ball pen imports amounted to $X in 2021. In general, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest ball pen supplier to Malaysia, with a X% share of total imports. Moreover, ball pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. The third position in this ranking was taken by India (X units), with a X% share.

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

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

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

Import Prices by Country

In 2021, the average ball pen import price amounted to $X per unit, surging by X% against the previous year. Overall, import price indicated tangible growth 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. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for Vietnam ($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 prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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