Australia: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Australia

The Australian ball pen refill market surged to $X in 2021, growing by 47% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a relatively flat trend pattern. Ball pen refill consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from Australia

In 2021, the amount of refills for ball-point pens exported from Australia soared to X units, jumping by 58% compared with 2020 figures. In general, exports continue to indicate a prominent increase. The growth pace was the most rapid in 2017 with an increase of 386%. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, ball pen refill exports fell markedly to $X in 2021. Over the period under review, exports posted a tangible increase. The most prominent rate of growth was recorded in 2017 with an increase of 257%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units) was the main destination for ball pen refill exports from Australia, accounting for a 52% share of total exports. Moreover, ball pen refill exports to China exceeded the volume sent to the second major destination, Singapore (X units), twofold. The third position in this ranking was taken by New Zealand (X units), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+81.0% per year) and New Zealand (-0.7% per year).

In value terms, Singapore ($X) remains the key foreign market for refills for ball-point pens exports from Australia, comprising 66% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +72.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-4.8% per year) and China (0.0% per year).

Export Prices by Country

The average ball pen refill export price stood at $X per unit in 2021, reducing by -46.4% against the previous year. In general, the export price faced a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 62% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to China ($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 New Zealand (-4.2%), while the prices for the other major destinations experienced a decline.

Ball Pen Refill Imports

Imports into Australia

Ball pen refill imports into Australia surged to X units in 2021, picking up by 62% compared with 2020. Overall, imports, however, showed a noticeable decrease. The pace of growth appeared the most rapid in 2017 when imports increased by 122% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, ball pen refill imports surged to $X in 2021. Over the period under review, imports showed a noticeable expansion. The growth pace was the most rapid in 2017 with an increase of 115% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest ball pen refill supplier to Australia, with a 80% share of total imports. Moreover, ball pen refill imports from Japan exceeded the figures recorded by the second-largest supplier, France (X units), eightfold. China (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from Japan stood at +9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-2.2% per year) and China (-10.5% per year).

In value terms, Japan ($X), Germany ($X) and France ($X) were the largest ball pen refill suppliers to Australia, together accounting for 91% of total imports. China, India and the UK lagged somewhat behind, together comprising a further 5.8%.

In terms of the main suppliers, India, with a CAGR of +250.7%, recorded the highest rates of growth with regard to 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 2021, dropping by -14.7% against the previous year. In general, the import price, however, recorded resilient growth. The growth pace was the most rapid in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then dropped in the following year.

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 2021, the most notable rate of growth in terms of prices was attained by the UK (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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