Slovakia: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Slovakia

The Slovak ball pen refill market reached $X in 2021, picking up by 4.3% against the previous year. Overall, consumption continues to indicate a strong expansion. Ball pen refill consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Ball Pen Refill Production in Slovakia

In value terms, ball pen refill production expanded rapidly to $X in 2021 estimated in export price. Overall, production continues to indicate a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of 302% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Ball Pen Refill Exports

Exports from Slovakia

In 2021, shipments abroad of refills for ball-point pens increased by 33% to X units, rising for the second year in a row after two years of decline. In general, exports, however, continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2017 with an increase of 335% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, ball pen refill exports soared to $X in 2021. Overall, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 with an increase of 234%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units) was the main destination for ball pen refill exports from Slovakia, accounting for a 68% share of total exports. Moreover, ball pen refill exports to France exceeded the volume sent to the second major destination, the Czech Republic (X units), eightfold. The third position in this ranking was taken by Poland (X units), with a 7% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +13.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+12.5% per year) and Poland (-11.5% per year).

In value terms, France ($X) remains the key foreign market for refills for ball-point pens exports from Slovakia, comprising 75% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 9.3% share of total exports. It was followed by Poland, with a 6.5% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +6.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+9.8% per year) and Poland (-18.7% per year).

Export Prices by Country

In 2021, the average ball pen refill export price amounted to $X per unit, rising by 8.5% against the previous year. In general, the export price, however, showed a noticeable downturn. The growth pace was the most rapid in 2018 when the average export price increased by 81%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Sweden ($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 Singapore (+32.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Slovakia

In 2021, after four years of growth, there was significant decline in supplies from abroad of refills for ball-point pens, when their volume decreased by -17.5% to X units. Overall, imports, however, showed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 121% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports declined to $X in 2021. Over the period under review, imports, however, showed a significant increase. The growth pace was the most rapid in 2013 when imports increased by 85% against the previous year. Imports peaked at $X in 2020, and then dropped in the following year.

Imports by Country

France (X units), the Czech Republic (X units) and Japan (X units) were the main suppliers of ball pen refill imports to Slovakia, together comprising 93% of total imports. China and Hungary lagged somewhat behind, together accounting for a further 5.1%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +52.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Czech Republic ($X) and Japan ($X) appeared to be the largest ball pen refill suppliers to Slovakia, with a combined 86% share of total imports. Hungary and China lagged somewhat behind, together comprising a further 6.2%.

In terms of the main suppliers, Hungary, with a CAGR of +71.5%, saw 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, increasing by 7.5% against the previous year. In general, the import price saw strong growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 97% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($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 Czech Republic (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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