Central Asia: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Central Asia

After nine years of growth, the Central Asian ball pen refill market decreased by -0.1% to $X in 2021. In general, consumption enjoyed a significant expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank slightly in the following year.

Ball Pen Refill Production in Central Asia

In value terms, ball pen refill production reduced to $X in 2021 estimated in export price. Overall, production enjoyed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 64% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then shrank slightly in the following year.

Ball Pen Refill Exports

Exports in Central Asia

After two years of decline, overseas shipments of refills for ball-point pens increased by 5,532% to X units in 2021. In general, exports, however, faced a sharp downturn. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, ball pen refill exports surged to $X in 2021. Overall, exports enjoyed a moderate increase. The growth pace was the most rapid in 2017 with an increase of 1,013%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Uzbekistan represented the largest exporter of refills for ball-point pens in Central Asia, with the volume of exports recording X units, which was approx. 76% of total exports in 2021. It was distantly followed by Kazakhstan (X units), creating a 24% share of total exports.

Uzbekistan experienced a relatively flat trend pattern with regard to volume of exports of refills for ball-point pens. Kazakhstan (-31.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Uzbekistan increased by +76 percentage points.

In value terms, Uzbekistan ($X) emerged as the largest ball pen refill supplier in Central Asia, comprising 75% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 25% share of total exports.

In Uzbekistan, ball pen refill exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per unit, declining by -92.8% against the previous year. Overall, the export price, however, showed a significant increase. The pace of growth appeared the most rapid in 2019 an increase of 1,360%. The level of export peaked at $X per unit in 2020, and then plummeted in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+30.2%).

Ball Pen Refill Imports

Imports in Central Asia

In 2021, imports of refills for ball-point pens in Central Asia surged to X units, with an increase of 165% against the previous year's figure. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2017 with an increase of 10,457% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports surged to $X in 2021. In general, imports saw a prominent increase. The pace of growth was the most pronounced in 2017 when imports increased by 292%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Uzbekistan (X units) represented the largest importer of refills for ball-point pens, achieving 82% of total imports. It was distantly followed by Turkmenistan (X units), achieving a 15% share of total imports. Kazakhstan (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to ball pen refill imports into Uzbekistan stood at -9.6%. At the same time, Turkmenistan (+120.0%) and Kazakhstan (+1.4%) displayed positive paces of growth. Moreover, Turkmenistan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +120.0% from 2012-2021. From 2012 to 2021, the share of Uzbekistan and Turkmenistan increased by +82 and +15 percentage points, respectively.

In value terms, Kazakhstan ($X) constitutes the largest market for imported refills for ball-point pens in Central Asia, comprising 81% of total imports. The second position in the ranking was held by Uzbekistan ($X), with a 13% share of total imports.

In Kazakhstan, ball pen refill imports increased at an average annual rate of +13.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Uzbekistan (-14.8% per year) and Turkmenistan (+36.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per unit in 2021, falling by -34.1% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in 2020 when the import price increased by 402% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per unit), while Uzbekistan (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+12.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :