U.S.: Ball Pen Market 2022

Ball Pen Market Size in the U.S.

The U.S. ball pen market expanded slightly to $X in 2021, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Ball pen consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Ball Pen Production in the U.S.

In value terms, ball pen production shrank notably to $X in 2021. In general, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X, and then contracted dramatically in the following year.

Ball Pen Exports

Exports from the U.S.

In 2021, exports of ball-point pens from the United States shrank modestly to X units, approximately reflecting 2020 figures. Over the period under review, exports saw a perceptible decrease. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, ball pen exports expanded slightly to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units) was the main destination for ball pen exports from the United States, with a X% share of total exports. Moreover, ball pen exports to Mexico exceeded the volume sent to the second major destination, Canada (X units), threefold. The Czech Republic (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Mexico totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and the Czech Republic (+X% per year).

In value terms, Canada ($X), Mexico ($X) and Germany ($X) appeared to be the largest markets for ball pen exported from the United States worldwide, together accounting for X% of total exports. These countries were followed by Australia, the UK, Ireland, India, the Czech Republic and Israel, which together accounted for a further X Czech Republic, with a CAGR of +X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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, increasing by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per unit), while the average price for exports to the Czech Republic (less than $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 Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Imports

Imports into the U.S.

In 2021, after four years of decline, there was significant growth in supplies from abroad of ball-point pens, when their volume increased by X% to X units. In general, imports, however, recorded a noticeable slump. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, ball pen imports rose significantly to $X in 2021. Over the period under review, imports, however, showed a pronounced reduction. Over the period under review, imports attained the peak figure at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

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

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

In value terms, China ($X), Japan ($X) and Mexico ($X) appeared to be the largest ball pen suppliers to the United States, with a combined X% share of total imports. These countries were followed by India and Tunisia, which together accounted for a further X, with a CAGR of +X%, saw 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 a decline.

Import Prices by Country

In 2021, the average ball pen import price amounted to $X per unit, remaining constant against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the average import prices failed to regain momentum.

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

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

Source: IndexBox Market Intelligence Platform

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