Russian Federation: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in the Russian Federation

The Russian ball pen refill market reached $X in 2021, rising by 10% against the previous year. In general, consumption saw a significant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Ball Pen Refill Production in the Russian Federation

In value terms, ball pen refill production expanded markedly to $X in 2021 estimated in export price. In general, production showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 72% against the previous year. Ball pen refill production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from the Russian Federation

In 2021, ball pen refill exports from Russia shrank to X units, with a decrease of -11.7% compared with 2020 figures. Over the period under review, total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -36.8% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of 78%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, ball pen refill exports rose rapidly to $X in 2021. Overall, total exports indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +27.3% against 2019 indices. The growth pace was the most rapid in 2016 when exports increased by 83%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Belarus (X units), Ukraine (X units) and Kazakhstan (X units) were the main destinations of ball pen refill exports from Russia, with a combined 98% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Ukraine (with a CAGR of +137.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Belarus ($X) remains the key foreign market for refills for ball-point pens exports from Russia, comprising 62% of total exports. The second position in the ranking was held by Ukraine ($X), with a 23% share of total exports. It was followed by Kazakhstan, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+130.6% per year) and Kazakhstan (+4.7% per year).

Export Prices by Country

The average ball pen refill export price stood at $X per thousand units in 2021, rising by 27% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Kazakhstan ($X per thousand units), while the average price for exports to Armenia ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into the Russian Federation

In 2021, imports of refills for ball-point pens into Russia soared to X units, jumping by 18% on the previous year. Overall, imports enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2018 with an increase of 145%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, ball pen refill imports surged to $X in 2021. In general, imports, however, continue to indicate a perceptible downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest ball pen refill supplier to Russia, with a 76% share of total imports. Moreover, ball pen refill imports from China exceeded the figures recorded by the second-largest supplier, India (X units), more than tenfold. South Korea (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+18.2% per year) and South Korea (+1.2% per year).

In value terms, the largest ball pen refill suppliers to Russia were Japan ($X), China ($X) and South Korea ($X), together accounting for 68% of total imports. These countries were followed by India, the Czech Republic and Estonia, which together accounted for a further 8.1%.

Among the main suppliers, Estonia, with a CAGR of +16.8%, recorded the highest rates of growth with regard to 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 less than $X per unit in 2021, picking up by 11% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 71%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($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 Japan (+8.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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