Romania: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Romania

In 2021, the Romanian ball pen refill market increased by 34% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, the total consumption indicated a buoyant expansion from 2012 to 2021: its value 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. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Ball Pen Refill Exports

Exports from Romania

In 2021, overseas shipments of refills for ball-point pens increased by 129% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2013 with an increase of 504% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, ball pen refill exports surged to $X in 2021. Overall, exports enjoyed significant growth. The growth pace was the most rapid in 2017 when exports increased by 523%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

Spain (X units) was the main destination for ball pen refill exports from Romania, accounting for a 64% share of total exports. Moreover, ball pen refill exports to Spain exceeded the volume sent to the second major destination, Germany (X units), fourfold. The third position in this ranking was held by France (X units), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at +412.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+29.4% per year) and France (+109.5% per year).

In value terms, the largest markets for ball pen refill exported from Romania were Spain ($X), France ($X) and Germany ($X), together accounting for 69% of total exports.

Spain, with a CAGR of +589.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average ball pen refill export price amounted to $X per unit, dropping by -17% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 50%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Romania

In 2021, ball pen refill imports into Romania surged to X units, picking up by 59% compared with the previous year's figure. Overall, imports saw a tangible expansion. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports totaled $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +9.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +21.6% against 2019 indices. The growth pace was the most rapid in 2013 when imports increased by 53% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and France (X units) were the main suppliers of ball pen refill imports to Romania, together accounting for 86% of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +41.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Croatia ($X) and China ($X) constituted the largest ball pen refill suppliers to Romania, with a combined 70% share of total imports. These countries were followed by France, the Czech Republic, Poland, Italy, India and Slovenia, which together accounted for a further 21%.

In terms of the main suppliers, France, with a CAGR of +44.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average ball pen refill import price stood at $X per unit in 2021, reducing by -31% against the previous year. Over the period under review, the import price, however, posted notable growth. The most prominent rate of growth was recorded in 2017 an increase of 53%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Croatia ($X per unit), while the price for China (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 Slovenia (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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