MENA: Ball Pen Market 2024

Ball Pen Market Size in MENA

In 2022, the MENA's ball pen market was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. In general, consumption enjoyed moderate growth. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Ball Pen Production in MENA

In value terms, ball pen production reached $X in 2022 estimated in export price. Over the period under review, production, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Ball Pen Exports

Exports in MENA

In 2022, overseas shipments of ball-point pens increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, ball pen exports surged to $X in 2022. Overall, exports recorded buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, Tunisia (X units) represented the main exporter of ball-point pens, constituting X% of total exports. The United Arab Emirates (X units) ranks second in terms of the total exports with a X% share, followed by Turkey (X%).

From 2012 to 2022, average annual rates of growth with regard to ball pen exports from Tunisia stood at X%. At the same time, the United Arab Emirates (X%) and Turkey (X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Tunisia (X p.p.) and the United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the largest ball pen supplying countries in MENA were the United Arab Emirates ($X), Tunisia ($X) and Turkey ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Tunisia, with a CAGR of X%, 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

In 2022, the export price in MENA amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 the United Arab Emirates ($X per unit), while Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (X%), while the other leaders experienced a decline in the export price figures.

Ball Pen Imports

Imports in MENA

Ball pen imports skyrocketed to X units in 2022, jumping by X% compared with 2021 figures. Over the period under review, imports, however, showed a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, ball pen imports declined to $X in 2022. In general, imports, however, showed a abrupt curtailment. 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 peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The United Arab Emirates was the major importing country with an import of around X units, which amounted to X% of total imports. Algeria (X units) held the second position in the ranking, followed by Morocco (X units), Iraq (X units), Tunisia (X units), Yemen (X units), Israel (X units) and Turkey (X units). All these countries together held approx. X% share of total imports.

The United Arab Emirates experienced a relatively flat trend pattern with regard to volume of imports of ball-point pens. At the same time, Morocco (X%), Tunisia (X%), Iraq (X%), Algeria (X%) and Israel (X%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, Yemen (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Morocco, the United Arab Emirates, Algeria, Tunisia, Iraq and Israel increased by X, X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported ball-point pens in MENA, comprising X% of total imports. The second position in the ranking was held by Israel ($X), with a X% share of total imports. It was followed by Turkey, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates was relatively modest. In the other countries, the average annual rates were as follows: Israel (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, with a decrease of X% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Turkey ($X per unit), while Algeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform