Report Update Apr 1, 2024

Sri Lanka - Refills for Ball-Point Pens - Market Analysis, Forecast, Size, Trends and Insights

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Sri Lanka: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Sri Lanka

In 2022, the Sri Lankan ball pen refill market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption posted a moderate increase. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Ball Pen Refill Exports

Exports from Sri Lanka

In 2022, the amount of refills for ball-point pens exported from Sri Lanka soared to X units, jumping by X% on the year before. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, ball pen refill exports expanded markedly to $X in 2022. Overall, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Kenya (X units) was the main destination for ball pen refill exports from Sri Lanka, with a X% share of total exports. Moreover, ball pen refill exports to Kenya exceeded the volume sent to the second major destination, Ethiopia (X units), ninefold. The third position in this ranking was taken by Maldives (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Kenya stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Maldives (X% per year).

In value terms, Kenya ($X) emerged as the key foreign market for refills for ball-point pens exports from Sri Lanka, comprising X% of total exports. The second position in the ranking was taken by Ethiopia ($X), with a X% share of total exports. It was followed by Maldives, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (X% per year) and Maldives (X% per year).

Export Prices by Country

In 2022, the average ball pen refill export price amounted to $X per unit, declining by X% against the previous year. Overall, the export price showed a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($X per unit), while the average price for exports to Seychelles ($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 Kenya (X%), while the prices for the other major destinations experienced a decline.

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Ball Pen Refill Imports

Imports into Sri Lanka

In 2022, overseas purchases of refills for ball-point pens increased by X% to X units, rising for the second consecutive year after three years of decline. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, ball pen refill imports plummeted to $X in 2022. Over the period under review, imports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

India (X units), China (X units) and Germany (X units) were the main suppliers of ball pen refill imports to Sri Lanka, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest ball pen refill suppliers to Sri Lanka were China ($X), India ($X) and Germany ($X), together accounting for X% of total imports.

Among the main suppliers, China, with a CAGR of X%, recorded the highest growth rate of 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

The average ball pen refill import price stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price continues to indicate a perceptible decrease. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refills for ball-point pens in the world?

The countries with the highest volumes of consumption in 2023 were Italy, India and China, together accounting for 73% of global consumption.

What are the largest producers of refills for ball-point pens in the world?

The countries with the highest volumes of production in 2022 were India, Italy and China, with a combined 86% share of global production.

What are the leading suppliers of refills for ball-point pens to Sri Lanka?

In value terms, China, India and Germany appeared to be the largest ball pen refill suppliers to Sri Lanka, together comprising 69% of total imports.

What are the leading importers of refills for ball-point pens from Sri Lanka?

In value terms, Kenya emerged as the key foreign market for refills for ball-point pens exports from Sri Lanka, comprising 84% of total exports. The second position in the ranking was taken by Ethiopia $395), with a 9.2% share of total exports. It was followed by Maldives, with a 5.1% share.

What is the average export price for refills for ball-point pens in Sri Lanka?

The average ball pen refill export price stood at $0.4 per unit in 2022, waning by -35% against the previous year.

What is the average import price for refills for ball-point pens in Sri Lanka?

In 2022, the average ball pen refill import price amounted to $0.2 per unit, shrinking by -59.8% against the previous year.

This report provides an in-depth analysis of the ball pen refill market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991430 - Refills for ball-point pens, comprising the ball-point and inkreservoir

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023