Italy: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Italy

In 2021, the Italian ball pen refill market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption saw resilient growth. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Ball Pen Refill Production in Italy

In value terms, ball pen refill production reached $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 24%. Ball pen refill production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Ball Pen Refill Exports

Exports from Italy

In 2021, the amount of refills for ball-point pens exported from Italy contracted remarkably to X units, which is down by -31.6% compared with the year before. Over the period under review, exports saw a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 25%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ball pen refill exports shrank sharply to $X in 2021. Overall, exports showed a noticeable decline. The pace of growth appeared the most rapid in 2014 when exports increased by 48%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for ball pen refill exports from Italy, with a 69% share of total exports. Moreover, ball pen refill exports to Germany exceeded the volume sent to the second major destination, Poland (X units), threefold. The third position in this ranking was held by China (X units), with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at -8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+14.8% per year) and China (+44.2% per year).

In value terms, Germany ($X) remains the key foreign market for refills for ball-point pens exports from Italy, comprising 51% of total exports. The second position in the ranking was taken by Poland ($X), with a 9.2% share of total exports. It was followed by China, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+8.2% per year) and China (+43.2% per year).

Export Prices by Country

The average ball pen refill export price stood at $X per thousand units in 2021, picking up by 17% against the previous year. Overall, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine years. 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 +100.0% against 2016 indices. The most prominent rate of growth was recorded in 2014 when the average export price increased by 24% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+39.8%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Pen Refill Imports

Imports into Italy

For the fourth consecutive year, Italy recorded decline in supplies from abroad of refills for ball-point pens, which decreased by -20.1% to X units in 2021. Over the period under review, imports showed a pronounced reduction. The growth pace was the most rapid in 2013 with an increase of 108%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, ball pen refill imports surged to $X in 2021. Overall, total imports indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -23.0% against 2017 indices. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Switzerland (X units), China (X units) and Japan (X units) were the main suppliers of ball pen refill imports to Italy, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +9.8%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X) constituted the largest supplier of refills for ball-point pens to Italy, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Japan totaled -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.0% per year) and Germany (+1.5% per year).

Import Prices by Country

In 2021, the average ball pen refill import price amounted to $X per unit, with an increase of 81% against the previous year. In general, the import price enjoyed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Switzerland (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 Germany (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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