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Report Latin America and the Caribbean - Refills for Ball-Point Pens - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Latin America and the Caribbean - Refills for Ball-Point Pens - Market Analysis, Forecast, Size, Trends and Insights

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Latin America and the Caribbean: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Latin America and the Caribbean

In 2021, after nine years of growth, there was decline in the Latin American ball pen refill market, when its value decreased by -4% to $X. In general, consumption, however, showed a significant expansion. Over the period under review, the market hit record highs at $X in 2020, and then shrank in the following year.

Ball Pen Refill Production in Latin America and the Caribbean

In value terms, ball pen refill production contracted to $X in 2021 estimated in export price. In general, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 78% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Ball Pen Refill Exports

Exports in Latin America and the Caribbean

In 2021, ball pen refill exports in Latin America and the Caribbean amounted to X units, almost unchanged from 2020 figures. Overall, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of 20% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ball pen refill exports rose slightly to $X in 2021. In general, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of 5.8% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Mexico dominates exports structure, finishing at X units, which was near 90% of total exports in 2021. It was distantly followed by Brazil (X units), creating an 8.2% share of total exports.

Exports from Mexico decreased at an average annual rate of -13.9% from 2012 to 2021. At the same time, Brazil (+28.9%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +28.9% from 2012-2021. From 2012 to 2021, the share of Brazil increased by +8 percentage points.

In value terms, Mexico ($X) remains the largest ball pen refill supplier in Latin America and the Caribbean, comprising 96% of total exports. The second position in the ranking was taken by Brazil ($X), with a 3.5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Mexico totaled -9.2%.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2021, picking up by 2.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2014 an increase of 29%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mexico ($X per unit), while Brazil totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+5.5%).

Ball Pen Refill Imports

Imports in Latin America and the Caribbean

In 2021, overseas purchases of refills for ball-point pens increased by 24% to X units for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by 43%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports declined to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 20%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Brazil (X units) and Mexico (X units) prevails in imports structure, together achieving 85% of total imports. It was distantly followed by Argentina (X units), comprising a 6.3% share of total imports. The following importers - Grenada (X units) and Colombia (X units) - each resulted at a 3.8% 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 Grenada (with a CAGR of +90.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Mexico ($X) constitutes the largest market for imported refills for ball-point pens in Latin America and the Caribbean, comprising 66% of total imports. The second position in the ranking was taken by Brazil ($X), with a 9.8% share of total imports. It was followed by Argentina, with an 8.4% share.

In Mexico, ball pen refill imports expanded at an average annual rate of +3.9% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-2.4% per year) and Argentina (+1.0% per year).

Import Prices by Country

In 2021, the import price in Latin America and the Caribbean amounted to $X per unit, waning by -29.5% against the previous year. Overall, the import price, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2015 an increase of 38%. Over the period under review, import prices reached the peak figure at $X per unit in 2020, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Colombia ($X per unit), while Grenada (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 Colombia (+14.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Mexico remains the largest ball pen refill consuming country in Latin America and the Caribbean, comprising approx. 83% of total volume. Moreover, ball pen refill consumption in Mexico exceeded the figures recorded by the second-largest consumer, Panama, more than tenfold. The third position in this ranking was occupied by El Salvador, with a 3.6% share.
Mexico remains the largest ball pen refill producing country in Latin America and the Caribbean, comprising approx. 91% of total volume. Moreover, ball pen refill production in Mexico exceeded the figures recorded by the second-largest producer, Panama, more than tenfold.
In value terms, Mexico remains the largest ball pen refill supplier in Latin America and the Caribbean, comprising 93% of total exports. The second position in the ranking was occupied by Panama, with a 3.8% share of total exports.
In value terms, Mexico constitutes the largest market for imported refills for ball-point pens in Latin America and the Caribbean, comprising 72% of total imports. The second position in the ranking was occupied by Argentina, with a 10% share of total imports.
The ball pen refill export price in Latin America and the Caribbean stood at $68 per thousand units in 2020, stabilizing at the previous year.
In 2020, the ball pen refill import price in Latin America and the Caribbean amounted to $0.1 per unit, waning by -4.2% against the previous year.

This report provides an in-depth analysis of the ball pen refill market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32991430 - Refills for ball-point pens, comprising the ball-point and inkreservoir

Country coverage:

  • Anguilla
  • Antigua and Barbuda
  • Argentina
  • Aruba
  • Bahamas
  • Barbados
  • Belize
  • Bolivia
  • Brazil
  • British Virgin Islands
  • Cayman Islands
  • Chile
  • Colombia
  • Costa Rica
  • Cuba
  • Curacao
  • Dominica
  • Dominican Republic
  • Ecuador
  • El Salvador
  • Falkland Islands (Malvinas)
  • French Guiana
  • Grenada
  • Guadeloupe
  • Guatemala
  • Guyana
  • Haiti
  • Honduras
  • Jamaica
  • Martinique
  • Mexico
  • Montserrat
  • Nicaragua
  • Panama
  • Paraguay
  • Peru
  • Saint Kitts and Nevis
  • Saint Lucia
  • Saint Vincent and the Grenadines
  • Saint Maarten (Dutch part)
  • Suriname
  • Trinidad and Tobago
  • Turks and Caicos Islands
  • United States Virgin Islands
  • Uruguay
  • Venezuela
  • Puerto Rico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Latin America and the Caribbean, split by region and country
  • Trade (exports and imports) in Latin America and the Caribbean
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Anguilla
    • Antigua and Barbuda
    • Argentina
    • Aruba
    • Bahamas
    • Barbados
    • Belize
    • Bolivia
    • Brazil
    • British Virgin Islands
    • Cayman Islands
    • Chile
    • Colombia
    • Costa Rica
    • Cuba
    • Curacao
    • Dominica
    • Dominican Republic
    • Ecuador
    • El Salvador
    • Falkland Islands (Malvinas)
    • French Guiana
    • Grenada
    • Guadeloupe
    • Guatemala
    • Guyana
    • Haiti
    • Honduras
    • Jamaica
    • Martinique
    • Mexico
    • Montserrat
    • Nicaragua
    • Panama
    • Paraguay
    • Peru
    • Saint Kitts and Nevis
    • Saint Lucia
    • Saint Vincent and the Grenadines
    • Saint Maarten (Dutch part)
    • Suriname
    • Trinidad and Tobago
    • Turks and Caicos Islands
    • United States Virgin Islands
    • Uruguay
    • Venezuela
    • Puerto Rico

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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