Report Update Nov 1, 2024

Colombia - Refills for Ball-Point Pens - Market Analysis, Forecast, Size, Trends and Insights

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Colombia: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Colombia

The Colombian ball pen refill market surged to $X in 2021, rising by 20% 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 showed a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Ball Pen Refill Exports

Exports from Colombia

In 2021, overseas shipments of refills for ball-point pens were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball pen refill exports skyrocketed to $X in 2021. In general, exports posted a strong increase. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Ecuador (X units) was the main destination for ball pen refill exports from Colombia, accounting for a 86% share of total exports. Moreover, ball pen refill exports to Ecuador exceeded the volume sent to the second major destination, Panama (X units), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ecuador amounted to +28.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-47.6% per year) and Peru (-12.7% per year).

In value terms, Ecuador ($X), Panama ($X) and Peru ($X) were the largest markets for ball pen refill exported from Colombia worldwide.

Ecuador, with a CAGR of +2.4%, 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 a decline.

Export Prices by Country

In 2021, the average ball pen refill export price amounted to $X per unit, reducing by -48.3% against the previous year. Overall, the export price faced a deep setback. The pace of growth was the most pronounced in 2017 an increase of 50%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($X per unit), while the average price for exports to Ecuador ($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 Panama (+13.3%), while the prices for the other major destinations experienced a decline.

Ball Pen Refill Imports

Imports into Colombia

In 2021, ball pen refill imports into Colombia reduced to X units, waning by -14.2% compared with 2020. Over the period under review, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2019 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports surged to $X in 2021. Overall, total imports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and France (X units) were the main suppliers of ball pen refill imports to Colombia, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +9.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of refills for ball-point pens to Colombia, comprising 79% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +7.6%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.8% per year) and China (-15.5% per year).

Import Prices by Country

The average ball pen refill import price stood at $X per unit in 2021, increasing by 121% against the previous year. Overall, the import price showed resilient growth. The pace of growth appeared the most rapid in 2014 an increase of 183%. The import price peaked in 2021 and is likely to see gradual growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+66.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refills for ball-point pens in the world?

Italy constituted the country with the largest volume of ball pen refill consumption, comprising approx. 38% of total volume. Moreover, ball pen refill consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. The third position in this ranking was occupied by the United States, with a 7.1% share.

What are the largest producers of refills for ball-point pens in the world?

The countries with the highest volumes of ball pen refill production in 2020 were Italy, China and India, together accounting for 72% of global production.

What are the leading suppliers of refills for ball-point pens to Colombia?

In value terms, Germany constituted the largest supplier of ball pen refill to Colombia, comprising 60% of total imports. The second position in the ranking was occupied by China, with a 22% share of total imports.

What are the leading importers of refills for ball-point pens from Colombia?

In value terms, Austria $23) and Panama $14) were the largest markets for ball pen refill exported from Colombia worldwide.

What is the average export price for refills for ball-point pens in Colombia?

In 2020, the average ball pen refill export price amounted to $1.4 per unit, dropping by -21.9% against the previous year.

What is the average import price for refills for ball-point pens in Colombia?

The average ball pen refill import price stood at $0.3 per unit in 2020, reducing by -17.2% against the previous year.

This report provides an in-depth analysis of the ball pen refill market in Colombia. 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 32991430 - Refills for ball-point pens, comprising the ball-point and inkreservoir

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023