Europe: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Europe

In 2021, the Europe ball pen refill market decreased by -6.7% to $X, falling for the second consecutive year after eight years of growth. Overall, consumption, however, saw a significant expansion. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Ball Pen Refill Production in Europe

In value terms, ball pen refill production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 92% against the previous year. The level of production peaked at $X in 2019; afterwards, it flattened through to 2021.

Ball Pen Refill Exports

Exports in Europe

In 2021, after two years of decline, there was significant growth in shipments abroad of refills for ball-point pens, when their volume increased by 23% to X units. Over the period under review, exports, however, recorded a perceptible curtailment. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, ball pen refill exports surged to $X in 2021. The total export value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France represented the key exporter of refills for ball-point pens in Europe, with the volume of exports reaching X units, which was near 53% of total exports in 2021. Germany (X units) held the second position in the ranking, followed by Italy (X units) and the UK (X units). All these countries together took approx. 35% share of total exports. The Czech Republic (X units), Russia (X units) and Poland (X units) took a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to ball pen refill exports from France stood at +4.7%. At the same time, Poland (+15.4%) and Russia (+1.6%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in Europe, with a CAGR of +15.4% from 2012-2021. By contrast, the UK (-3.9%), the Czech Republic (-4.6%), Germany (-7.5%) and Italy (-8.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of France increased by +24 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest ball pen refill supplying countries in Europe were France ($X), Germany ($X) and the UK ($X), together accounting for 75% of total exports. Poland, the Czech Republic, Italy and Russia lagged somewhat behind, together comprising a further 13%.

Among the main exporting countries, Poland, with a CAGR of +46.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per unit in 2021, surging by 2.8% against the previous year. Export price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ball pen refill export price increased by +53.0% against 2014 indices. The pace of growth was the most pronounced in 2020 an increase of 19%. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Russia (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 Poland (+27.4%), while the other leaders experienced more modest paces of growth.

Ball Pen Refill Imports

Imports in Europe

In 2021, supplies from abroad of refills for ball-point pens was finally on the rise to reach X units after three years of decline. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by 21% against the previous year. The volume of import peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, ball pen refill imports surged to $X in 2021. The total import value increased at an average annual rate of +4.6% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X units) and Russia (X units) represented the major importers of refills for ball-point pens in 2021, amounting to approx. 20% and 20% of total imports, respectively. Spain (X units) ranks next in terms of the total imports with a 10% share, followed by France (9.7%), Poland (8.3%), Italy (7.2%) and Belarus (4.9%). The following importers - Slovakia (X units), Romania (X units), the UK (X units), Ukraine (X units), Slovenia (X units) and Bulgaria (X units) - each reached a 13% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Spain (with a CAGR of +27.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constitutes the largest market for imported refills for ball-point pens in Europe, comprising 32% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by Italy, with a 9% share.

In France, ball pen refill imports expanded at an average annual rate of +8.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-3.1% per year) and Italy (+1.7% per year).

Import Prices by Country

In 2021, the import price in Europe amounted to $X per unit, increasing by 10% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. The pace of growth appeared the most rapid in 2015 when the import price increased by 13% against the previous year. Over the period under review, import prices reached the maximum in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while Belarus (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 Bulgaria (+39.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform