Thailand: Ball Pen Market 2022

Ball Pen Market Size in Thailand

The Thai ball pen market soared to $X in 2021, picking up by X% against the previous year. Overall, the total consumption indicated a notable expansion from 2012 to 2021: its value 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, consumption decreased by -X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Ball Pen Production in Thailand

In value terms, ball pen production skyrocketed to $X in 2021 estimated in export price. In general, production continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Ball Pen Exports

Exports from Thailand

In 2021, shipments abroad of ball-point pens was finally on the rise to reach X units after two years of decline. Overall, total exports indicated a measured expansion from 2012 to 2021: its volume 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, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, ball pen exports fell to $X in 2021. In general, exports, however, recorded a noticeable decrease. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines (X units) was the main destination for ball pen exports from Thailand, with a X% share of total exports. Moreover, ball pen exports to the Philippines exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was taken by Lao People's Democratic Republic (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the Philippines stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Lao People's Democratic Republic (-X% per year).

In value terms, the Philippines ($X) remains the key foreign market for ball pen exports from Thailand, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports. It was followed by Lao People's Democratic Republic, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Philippines totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Lao People's Democratic Republic (-X% per year).

Export Prices by Country

In 2021, the average ball pen export price amounted to $X per thousand units, dropping by -X% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2017 an increase of X%. The export price peaked at $X per thousand units in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Australia ($X per thousand units), while the average price for exports to the Philippines ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Pen Imports

Imports into Thailand

In 2021, approx. X units of ball-point pens were imported into Thailand; waning by -X% on the previous year's figure. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ball pen imports fell modestly to $X in 2021. Overall, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), India (X units) and Malaysia (X units) were the main suppliers of ball pen imports to Thailand, with a combined X% share of total imports. These countries were followed by Japan, Vietnam, South Korea and Indonesia, which together accounted for a further X 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%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest ball pen suppliers to Thailand were China ($X), India ($X) and Japan ($X), with a combined X% share of total imports.

Japan, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ball pen import price amounted to $X per unit, growing by X% against the previous year. Overall, import price indicated a remarkable increase 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 2015 indices. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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