Pakistan: Ball Pen Market 2024

Ball Pen Market Size in Pakistan

The Pakistani ball pen market dropped modestly to $X in 2022, remaining stable against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Ball Pen Production in Pakistan

In value terms, ball pen production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Ball Pen Exports

Exports from Pakistan

In 2022, the amount of ball-point pens exported from Pakistan fell to X units, with a decrease of X% on 2021. Over the period under review, exports recorded a precipitous setback. The pace of growth was the most pronounced in 2019 when exports increased by X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, ball pen exports amounted to $X in 2022. Overall, exports recorded a sharp decrease. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Madagascar (X units), Kuwait (X units) and the United Arab Emirates (X units) were the main destinations of ball pen exports from Pakistan, together accounting for X% of total exports.

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

In value terms, Kuwait ($X), Madagascar ($X) and the United Arab Emirates ($X) appeared to be the largest markets for ball pen exported from Pakistan worldwide, with a combined X% share of total exports.

Kuwait, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average ball pen export price stood at $X per thousand units in 2022, increasing by X% against the previous year. Over the period under review, the export price, however, saw a mild decrease. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per thousand units in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per thousand units), while the average price for exports to Madagascar ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Pen Imports

Imports into Pakistan

In 2022, the amount of ball-point pens imported into Pakistan declined markedly to X units, waning by X% against the previous year. Over the period under review, imports continue to indicate a abrupt setback. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, ball pen imports declined markedly to $X in 2022. Overall, imports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ball pen to Pakistan, with a X% share of total imports. Moreover, ball pen imports from China exceeded the figures recorded by the second-largest supplier, Sri Lanka (X units), twofold. The third position in this ranking was held by Vietnam (X units), with a X% share.

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

In value terms, the largest ball pen suppliers to Pakistan were China ($X), Sri Lanka ($X) and Vietnam ($X), with a combined X% share of total imports.

Sri Lanka, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average ball pen import price amounted to $X per unit, picking up by X% against the previous year. In general, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

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 the United Arab Emirates ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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