India: Ball Pen Market 2024

Ball Pen Market Size in India

The Indian ball pen market shrank sharply to $X in 2022, with a decrease of X% against the previous year. In general, consumption saw a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Ball Pen Production in India

In value terms, ball pen production reduced to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production stood at a somewhat lower figure.

Ball Pen Exports

Exports from India

In 2022, shipments abroad of ball-point pens increased by X% to X units, rising for the second year in a row after two years of decline. In general, total exports indicated a measured increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball pen exports surged to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Kenya (X units) and Indonesia (X units) were the main destinations of ball pen exports from India, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Kenya (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for ball-point pens exports from India, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (X% per year) and Thailand (X% per year).

Export Prices by Country

The average ball pen export price stood at $X per thousand units in 2022, with a decrease of X% against the previous year. Overall, the export price continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked at $X per thousand units in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per thousand units), while the average price for exports to Indonesia ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (X%), while the prices for the other major destinations experienced a decline.

Ball Pen Imports

Imports into India

In 2022, the amount of ball-point pens imported into India surged to X units, picking up by X% compared with the previous year. In general, imports showed a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball pen imports skyrocketed to $X in 2022. Over the period under review, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of ball pen to India, with a X% share of total imports. Moreover, ball pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), sixfold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United Arab Emirates (X% per year).

In value terms, Japan ($X), China ($X) and the United Arab Emirates ($X) were the largest ball pen suppliers to India, together accounting for X% of total imports.

The United Arab Emirates, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ball pen import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, the import price showed a deep reduction. The growth pace was the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per unit), while the price for China (less than $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 prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :