Dominican Republic: Ball Pen Refill Market 2025

Ball Pen Refill Market Size in the Dominican Republic

After three years of growth, the Dominican ball pen refill market decreased by -46.8% to $X in 2021. Over the period under review, consumption showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Ball Pen Refill Exports

Exports from the Dominican Republic

Ball pen refill exports from the Dominican Republic skyrocketed to X units in 2021, picking up by 52,900% compared with the previous year. Over the period under review, exports continue to indicate a resilient increase. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, ball pen refill exports surged to $X in 2021. In general, exports saw a remarkable increase. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Trinidad and Tobago (X units) was the main destination for ball pen refill exports from the Dominican Republic, accounting for a approx. 100% share of total exports.

From 2013 to 2021, the average annual growth rate of volume to Trinidad and Tobago totaled -35.0%.

From 2013 to 2021, the average annual growth rate of value to Trinidad and Tobago stood at +25.9%.

Export Prices by Country

In 2021, the average ball pen refill export price amounted to $X per unit, picking up by 58% against the previous year. In general, the export price saw resilient growth. The most prominent rate of growth was recorded in 2018 an increase of 674%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Trinidad and Tobago.

From 2015 to 2021, the rate of growth in terms of prices for Trinidad and Tobago amounted to +93.6% per year.

Ball Pen Refill Imports

Imports into the Dominican Republic

In 2021, after three years of growth, there was significant decline in supplies from abroad of refills for ball-point pens, when their volume decreased by -36.8% to X units. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2016 when imports increased by 459% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ball pen refill imports shrank sharply to $X in 2021. Over the period under review, imports saw a pronounced curtailment. The growth pace was the most rapid in 2016 when imports increased by 207% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Brazil (X units) constituted the largest ball pen refill supplier to the Dominican Republic, accounting for a 12% share of total imports. Moreover, ball pen refill imports from Brazil exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. France (X units) ranked third in terms of total imports with a 4% share.

From 2012 to 2021, the average annual growth rate of volume from Brazil amounted to +59.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-20.0% per year) and France (-23.1% per year).

In value terms, Germany ($X) constituted the largest supplier of refills for ball-point pens to the Dominican Republic, comprising 29% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Brazil, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (-1.0% per year) and Brazil (+63.6% per year).

Import Prices by Country

In 2021, the average ball pen refill import price amounted to $X per unit, dropping by -38.6% against the previous year. In general, the import price, however, saw a tangible expansion. The pace of growth appeared the most rapid in 2014 an increase of 161% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

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 Mexico ($X per unit), while the price for the Czech Republic (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 France (+28.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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