Southern Asia: Ball Pen Market 2024

Ball Pen Market Size in Southern Asia

The South Asian ball pen market dropped dramatically to $X in 2022, which is down by X% against the previous year. In general, consumption saw a pronounced reduction. Over the period under review, the market reached the maximum level at $X in 2021, and then fell rapidly in the following year.

Ball Pen Production in Southern Asia

In value terms, ball pen production fell slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Ball Pen Exports

Exports in Southern Asia

In 2022, overseas shipments of ball-point pens increased by X% to X units, rising for the second year in a row after two years of decline. Total exports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ball pen exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of ball-point pens, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the ball-point pens exports, with a CAGR of X% from 2012 to 2022. While the share of India (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest ball pen supplier in Southern Asia.

From 2012 to 2022, the average annual rate of growth in terms of value in India was relatively modest.

Export Prices by Country

The export price in Southern Asia stood at $X per thousand units in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a perceptible decline. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Ball Pen Imports

Imports in Southern Asia

In 2022, the amount of ball-point pens imported in Southern Asia skyrocketed to X units, growing by X% against the previous year. Total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, ball pen imports skyrocketed to $X in 2022. Total imports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

India represented the key importer of ball-point pens in Southern Asia, with the volume of imports finishing at X units, which was near X% of total imports in 2022. It was distantly followed by Bangladesh (X units), Nepal (X units), Pakistan (X units) and Afghanistan (X units), together making up a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to ball pen imports into India stood at X%. At the same time, Nepal (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. By contrast, Afghanistan (X%) and Pakistan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India and Nepal increased by X and X percentage points, respectively.

In value terms, India ($X) constitutes the largest market for imported ball-point pens in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total imports. It was followed by Nepal, with a X% share.

In India, ball pen imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (X% per year) and Nepal (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Nepal ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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