Philippines: Ball Pen Market 2025

Ball Pen Market Size in the Philippines

In 2022, the Philippine ball pen market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption continues to indicate strong growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Ball Pen Exports

Exports from the Philippines

In 2022, approx. X units of ball-point pens were exported from the Philippines; shrinking by X% on 2021. In general, exports, however, continue to indicate measured growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, ball pen exports declined sharply to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Qatar (X units), Saudi Arabia (X units) and Japan (X units) were the main destinations of ball pen exports from the Philippines, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Saudi Arabia (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Japan ($X) emerged as the key foreign market for ball-point pens exports from the Philippines, comprising X% of total exports. The second position in the ranking was held by Qatar ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Qatar (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

In 2022, the average ball pen export price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the export price posted a significant increase. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to Qatar ($X per unit) was amongst the lowest.

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

Ball Pen Imports

Imports into the Philippines

In 2022, the amount of ball-point pens imported into the Philippines soared to X units, increasing by X% compared with 2021 figures. Overall, imports recorded a pronounced expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ball pen imports surged to $X in 2022. In general, imports enjoyed a resilient increase. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Vietnam (X units), China (X units) and Thailand (X units) were the main suppliers of ball pen imports to the Philippines, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Malaysia ($X) were the largest ball pen suppliers to the Philippines, with a combined X% share of total imports. Vietnam, Germany, Thailand, South Korea, India, Hong Kong SAR, Indonesia and Singapore lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, among 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, with an increase of X% against the previous year. Over the period under review, the import price showed mild growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per unit), while the price for Thailand (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 China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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