Eastern Asia: Ball Pen Market 2024

Ball Pen Market Size in Eastern Asia

The East Asian ball pen market fell significantly to $X in 2022, reducing by X% against the previous year. Overall, consumption showed a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Ball Pen Production in Eastern Asia

In value terms, ball pen production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Ball Pen Exports

Exports in Eastern Asia

In 2022, shipments abroad of ball-point pens increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, ball pen exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China represented the key exporter of ball-point pens in Eastern Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2022. It was distantly followed by Japan (X units), creating a X% share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of ball-point pens. At the same time, Japan (X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of X% from 2012-2022. While the share of Japan (X p.p.) and China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ball pen supplying countries in Eastern Asia were China ($X) and Japan ($X).

Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, leveling off at the previous year. Overall, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. The level of export peaked at $X per unit in 2021, and then shrank modestly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Ball Pen Imports

Imports in Eastern Asia

In 2022, the amount of ball-point pens imported in Eastern Asia contracted slightly to X units, almost unchanged from the previous year. Overall, imports continue to indicate a mild descent. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of import peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, ball pen imports dropped modestly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China represented the major importing country with an import of about X units, which accounted for X% of total imports. It was distantly followed by South Korea (X units), Japan (X units), Taiwan (Chinese) (X units) and Hong Kong SAR (X units), together making up a X% share of total imports. Democratic People's Republic of Korea (X units) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported ball-point pens in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. In the other countries, the average annual rates were as follows: South Korea (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Democratic People's Republic of Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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