MENA: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in MENA

The MENA's ball pen refill market totaled $X in 2021, remaining constant against the previous year. In general, consumption, however, saw a significant expansion. The level of consumption peaked in 2021 and is expected to retain growth in the near future.

Ball Pen Refill Production in MENA

In value terms, ball pen refill production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant increase. The pace of growth was the most pronounced in 2018 when the production volume increased by 76%. The level of production peaked at $X in 2020, and then reduced modestly in the following year.

Ball Pen Refill Exports

Exports in MENA

Ball pen refill exports rose rapidly to X units in 2021, increasing by 6.7% on the previous year. Over the period under review, exports showed a prominent increase. The growth pace was the most rapid in 2019 when exports increased by 180% against the previous year. As a result, the exports reached the peak of X units. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ball pen refill exports surged to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 97%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey represented the major exporter of refills for ball-point pens in MENA, with the volume of exports amounting to X units, which was near 63% of total exports in 2021. Israel (X units) held a 15% share (based on physical terms) of total exports, which put it in second place, followed by Morocco (12%) and the United Arab Emirates (5.5%). Egypt (X units) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of +9.5% from 2012 to 2021. At the same time, Morocco (+55.3%), Egypt (+53.7%) and Israel (+14.2%) displayed positive paces of growth. Moreover, Morocco emerged as the fastest-growing exporter exported in MENA, with a CAGR of +55.3% from 2012-2021. By contrast, the United Arab Emirates (-13.5%) illustrated a downward trend over the same period. Turkey (+19 p.p.), Morocco (+12 p.p.), Israel (+7.9 p.p.) and Egypt (+2.6 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -26.3% from 2012 to 2021, respectively.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of exports in 2021, together comprising 92% of total exports. Morocco and Egypt lagged somewhat behind, together comprising a further 7.8%.

In terms of the main exporting countries, Egypt, with a CAGR of +68.9%, recorded the highest growth rate of 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 2021, the export price in MENA amounted to $X per unit, picking up by 32% against the previous year. Over the period under review, the export price, however, showed a abrupt descent. The growth pace was the most rapid in 2020 an increase of 56% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+23.5%), while the other leaders experienced more modest paces of growth.

Ball Pen Refill Imports

Imports in MENA

In 2021, ball pen refill imports in MENA soared to X units, growing by 118% against the previous year's figure. Overall, imports enjoyed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ball pen refill imports surged to $X in 2021. Total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, 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

In 2021, Tunisia (X units) represented the main importer of refills for ball-point pens, constituting 72% of total imports. It was distantly followed by the United Arab Emirates (X units), committing an 18% share of total imports. Turkey (X units) and Iran (X units) followed a long way behind the leaders.

Tunisia was also the fastest-growing in terms of the refills for ball-point pens imports, with a CAGR of +61.8% from 2012 to 2021. At the same time, the United Arab Emirates (+21.0%) displayed positive paces of growth. By contrast, Turkey (-10.1%) and Iran (-15.6%) illustrated a downward trend over the same period. Tunisia (+70 p.p.) and the United Arab Emirates (+8.5 p.p.) significantly strengthened its position in terms of the total imports, while Iran and Turkey saw its share reduced by -22% and -23.6% from 2012 to 2021, respectively.

In value terms, Tunisia ($X) constitutes the largest market for imported refills for ball-point pens in MENA, comprising 49% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 14% share of total imports. It was followed by Turkey, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Tunisia totaled +59.9%. In the other countries, the average annual rates were as follows: the United Arab Emirates (+8.4% per year) and Turkey (-3.4% per year).

Import Prices by Country

In 2021, the import price in MENA amounted to $X per unit, falling by -27.7% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2016 an increase of 15% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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 Turkey ($X per unit), while Iran (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 Turkey (+7.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform