India - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIndia's Ball Pen Export Shows Modest Increase, Reaching $165M in 2023
India Ball Pen Exports
In 2023, shipments abroad of ball-point pens increased by 1.7% to 3.6B units, rising for the third year in a row after two years of decline. Over the period under review, total exports indicated notable growth from 2013 to 2023: its volume increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by +82.3% against 2020 indices. The most prominent rate of growth was recorded in 2022 when exports increased by 40% against the previous year. The exports peaked in 2023 and are expected to retain growth in the immediate term.
In value terms, ball pen exports rose slightly to $165M (IndexBox estimates) in 2023. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 with an increase of 33% against the previous year. The exports peaked at $168M in 2015; however, from 2016 to 2023, the exports failed to regain momentum.
| COUNTRY | Export Value of Ball Pen in India (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| United States | 23.2 | 24.2 | 27.0 | 20.8 | 22.8 | 27.1 | 26.1 | 19.9 | 19.7 | 18.3 | 19.2 |
| United Arab Emirates | 14.8 | 16.9 | 14.3 | 32.5 | 11.3 | 8.6 | 8.4 | 5.0 | 6.3 | 10.7 | 10.8 |
| Colombia | 4.3 | 4.6 | 6.0 | 3.7 | 3.9 | 4.1 | 4.9 | 3.8 | 4.0 | 6.5 | 6.6 |
| Thailand | 6.6 | 7.7 | 9.0 | 6.3 | 6.6 | 7.7 | 6.7 | 4.9 | 4.4 | 6.3 | 6.4 |
| Brazil | 3.6 | 4.1 | 3.0 | 1.8 | 2.5 | 3.9 | 4.3 | 2.8 | 2.6 | 5.9 | 6.0 |
| Algeria | 2.7 | 4.3 | 5.3 | 3.9 | 4.4 | 5.6 | 7.3 | 3.5 | 4.8 | 5.3 | 5.3 |
| Saudi Arabia | 3.9 | 4.1 | 4.7 | 4.2 | 4.3 | 4.4 | 4.5 | 2.3 | 1.8 | 5.0 | 5.0 |
| Mexico | 3.2 | 6.6 | 7.6 | 3.6 | 4.0 | 4.6 | 3.7 | 3.6 | 4.3 | 4.9 | 4.9 |
| Myanmar | 6.9 | 5.5 | 5.2 | 5.9 | 4.4 | 5.0 | 4.1 | 2.8 | 0.7 | 2.5 | 2.5 |
| Others | 82.3 | 84.9 | 85.4 | 81.9 | 77.2 | 79.8 | 80.0 | 55.1 | 71.4 | 94.5 | 98.7 |
| Total | 151 | 163 | 168 | 165 | 141 | 151 | 150 | 104 | 120 | 160 | 165 |
Exports by Country
the United States (287M units), the United Arab Emirates (225M units) and Colombia (159M units) were the main destinations of ball pen exports from India, with a combined 19% share of total exports. Thailand, Mexico, Brazil, Saudi Arabia, Algeria and Myanmar lagged somewhat behind, together accounting for a further 17%.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +8.6%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for ball pen exported from India were the United States ($19M), the United Arab Emirates ($11M) and Colombia ($6.6M), together accounting for 22% of total exports. Thailand, Brazil, Algeria, Saudi Arabia, Mexico and Myanmar lagged somewhat behind, together comprising a further 18%.
Among the main countries of destination, Algeria, with a CAGR of +6.9%, 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
In 2023, the ball pen price amounted to $47 per thousand units (FOB, India), picking up by 1.9% against the previous year. Overall, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 4.9% against the previous year. The export price peaked at $68 per thousand units in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($67 per thousand units), while the average price for exports to Indonesia ($20 per thousand units) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (-0.5%), while the prices for the other major destinations experienced a decline.
This report provides an in-depth analysis of the ball pen market in India. 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 32991210 - Ball-point pens
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
