SADC: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in SADC

In 2021, after nine years of growth, there was decline in the SADC ball pen refill market, when its value decreased by -1.7% to $X. Overall, consumption posted a significant increase. Over the period under review, the market attained the maximum level at $X in 2020, and then dropped slightly in the following year.

Ball Pen Refill Production in SADC

In value terms, ball pen refill production shrank slightly to $X in 2021 estimated in export price. Overall, production, however, recorded a significant expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by 114% against the previous year. The level of production peaked at $X in 2020, and then contracted slightly in the following year.

Ball Pen Refill Exports

Exports in SADC

In 2021, exports of refills for ball-point pens in SADC reduced notably to X units, with a decrease of -90.8% on the previous year's figure. Overall, exports showed a perceptible curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 1,915% against the previous year. As a result, the exports reached the peak of X units, and then fell significantly in the following year.

In value terms, ball pen refill exports soared to $X in 2021. In general, exports showed a deep setback. The pace of growth was the most pronounced in 2018 with an increase of 69% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Africa dominates exports structure, reaching X units, which was approx. 97% of total exports in 2021. Botswana (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the refills for ball-point pens exports, with a CAGR of -1.9% from 2012 to 2021. Botswana (-25.3%) illustrated a downward trend over the same period. While the share of South Africa (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Botswana (-14.2 p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest ball pen refill supplier in SADC, comprising 95% of total exports. The second position in the ranking was taken by Botswana ($X), with a 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in South Africa totaled -9.8%.

Export Prices by Country

The export price in SADC stood at $X per unit in 2021, rising by 1,524% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. The level of export peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Botswana totaled less than $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (-8.0%).

Ball Pen Refill Imports

Imports in SADC

In 2021, the amount of refills for ball-point pens imported in SADC skyrocketed to X units, increasing by 58% on the previous year's figure. Over the period under review, imports, however, recorded a abrupt downturn. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ball pen refill imports surged to $X in 2021. Overall, imports, however, recorded a perceptible contraction. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X units) represented the major importer of refills for ball-point pens, making up 71% of total imports. It was distantly followed by Angola (X units), constituting an 18% share of total imports. The following importers - Comoros (X units), Zimbabwe (X units) and Mauritius (X units) - together made up 6.6% of total imports.

Imports into South Africa decreased at an average annual rate of -12.2% from 2012 to 2021. At the same time, Comoros (+75.8%), Angola (+31.5%) and Zimbabwe (+11.7%) displayed positive paces of growth. Moreover, Comoros emerged as the fastest-growing importer imported in SADC, with a CAGR of +75.8% from 2012-2021. By contrast, Mauritius (-11.9%) illustrated a downward trend over the same period. While the share of Angola (+18 p.p.), Comoros (+2.8 p.p.) and Zimbabwe (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of South Africa (-21.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported refills for ball-point pens in SADC, comprising 74% of total imports. The second position in the ranking was held by Angola ($X), with a 6.1% share of total imports. It was followed by Mauritius, with a 5.2% share.

In South Africa, ball pen refill imports shrank by an average annual rate of -1.7% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Angola (+6.1% per year) and Mauritius (+2.8% per year).

Import Prices by Country

In 2021, the import price in SADC amounted to $X per unit, increasing by 6.7% against the previous year. Import price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +8.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ball pen refill import price increased by +40.6% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 72%. Over the period under review, import prices reached the peak figure in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mauritius ($X per unit), while Comoros (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 Mauritius (+16.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform