Switzerland: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Switzerland

For the tenth consecutive year, the Swiss ball pen refill market recorded growth in sales value, which increased by 0.7% to $X in 2021. Overall, consumption enjoyed a significant increase. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Ball Pen Refill Production in Switzerland

In value terms, ball pen refill production amounted to $X in 2021 estimated in export price. Overall, production showed a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 66% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Ball Pen Refill Exports

Exports from Switzerland

For the third consecutive year, Switzerland recorded decline in shipments abroad of refills for ball-point pens, which decreased by -5.7% to X units in 2021. Over the period under review, exports continue to indicate a deep contraction. The growth pace was the most rapid in 2018 with an increase of 8%. 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 stood at $X in 2021. Overall, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by 11% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China (X units), Italy (X units) and Germany (X units) were the main destinations of ball pen refill exports from Switzerland, with a combined 52% share of total exports. The UK, the United States, France, the United Arab Emirates, Japan, the Netherlands, South Korea, Poland, Singapore and Mexico lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +70.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ball pen refill exported from Switzerland were China ($X), Italy ($X) and Germany ($X), together accounting for 53% of total exports. These countries were followed by the UK, the United States, France, Japan, the Netherlands, South Korea, Poland, the United Arab Emirates, Singapore and Mexico, which together accounted for a further 35%.

Poland, with a CAGR of +77.7%, recorded 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, picking up by 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.3%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to the United Arab Emirates ($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 Mexico (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Switzerland

Ball pen refill imports into Switzerland shrank significantly to X units in 2021, which is down by -22.2% on 2020. Overall, imports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 when imports increased by 30% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ball pen refill imports contracted to $X in 2021. In general, imports, however, saw a notable increase. The most prominent rate of growth was recorded in 2016 with an increase of 52%. Over the period under review, imports attained the peak figure at $X in 2020, and then reduced in the following year.

Imports by Country

Japan (X units), Germany (X units) and the UK (X units) were the main suppliers of ball pen refill imports to Switzerland, with a combined 83% share of total imports. Italy, France, the United States and China lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest ball pen refill suppliers to Switzerland were Japan ($X), Germany ($X) and the UK ($X), with a combined 81% share of total imports. These countries were followed by Italy, France, the United States and China, which together accounted for a further 15%.

Italy, with a CAGR of +57.1%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average ball pen refill import price amounted to $X per unit, surging by 21% against the previous year. Overall, the import price posted significant growth. The most prominent rate of growth was recorded in 2015 an increase of 48%. The import price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were China ($X per unit) and Japan ($X per unit), while the price for the UK ($X per unit) and France ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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