Middle East: Ball Pen Market 2024

Ball Pen Market Size in the Middle East

The Middle Eastern ball pen market contracted to $X in 2022, which is down by X% against the previous year. The total consumption indicated a moderate increase 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, consumption decreased by X% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Ball Pen Production in the Middle East

In value terms, ball pen production dropped slightly to $X in 2022 estimated in export price. In general, production posted a prominent expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Ball Pen Exports

Exports in the Middle East

In 2022, approx. X units of ball-point pens were exported in the Middle East; growing by X% on the previous year's figure. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, ball pen exports skyrocketed to $X in 2022. Overall, exports recorded strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Turkey (X units) represented the major exporter of ball-point pens, committing X% of total exports. It was distantly followed by the United Arab Emirates (X units), achieving a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the United Arab Emirates (with a CAGR of X%).

In value terms, the largest ball pen supplying countries in the Middle East were the United Arab Emirates ($X) and Turkey ($X).

The United Arab Emirates, 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.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price, however, saw a perceptible descent. Over the period under review, the export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Turkey stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%).

Ball Pen Imports

Imports in the Middle East

In 2022, overseas purchases of ball-point pens increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, ball pen imports skyrocketed to $X in 2022. In general, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) represented the key importer of ball-point pens, comprising X% of total imports. Turkey (X units) held the second position in the ranking, followed by Iraq (X units) and Yemen (X units). All these countries together held near X% share of total imports. Israel (X units), Kuwait (X units) and Oman (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to ball pen imports into the United Arab Emirates stood at X%. At the same time, Iraq (X%) and Oman (X%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of X% from 2012-2022. Kuwait experienced a relatively flat trend pattern. By contrast, Yemen (X%), Israel (X%) and Turkey (X%) illustrated a downward trend over the same period. The United Arab Emirates (X p.p.) and Iraq (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported ball-point pens in the Middle East, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Israel, with an X% share.

From 2012 to 2022, the average annual growth rate of value in the United Arab Emirates was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, waning by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the import prices remained at a somewhat lower figure.

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

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

Source: IndexBox Platform

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