United Kingdom: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in the UK

The UK ball pen refill market totaled $X in 2022, surging by X% against the previous year. Overall, consumption recorded a relatively flat trend pattern. Ball pen refill consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Ball Pen Refill Production in the UK

In value terms, ball pen refill production contracted slightly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. Ball pen refill production peaked at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from the UK

In 2022, the amount of refills for ball-point pens exported from the UK declined dramatically to X units, shrinking by X% against the previous year. Over the period under review, exports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, ball pen refill exports fell dramatically to $X in 2022. In general, exports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

Germany (X units) was the main destination for ball pen refill exports from the UK, with a X% share of total exports. Moreover, ball pen refill exports to Germany exceeded the volume sent to the second major destination, Sweden (X units), fourfold. The United States (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and the United States (X% per year).

In value terms, the largest markets for ball pen refill exported from the UK were Poland ($X), France ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball pen refill export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per unit), while the average price for exports to Sweden ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into the UK

In 2022, the amount of refills for ball-point pens imported into the UK shrank rapidly to X units, declining by X% compared with the previous year's figure. In general, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, ball pen refill imports dropped to $X in 2022. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

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

From 2012 to 2022, the average annual growth rate of volume from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

In value terms, Germany ($X), France ($X) and China ($X) constituted the largest ball pen refill suppliers to the UK, with a combined X% share of total imports. Japan, India and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Switzerland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average ball pen refill import price stood at $X per unit in 2022, increasing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 Japan ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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