Turkey: Ball Pen Market 2024

Ball Pen Market Size in Turkey

The Turkish ball pen market stood at $X in 2022, with an increase of X% against the previous year. In general, consumption continues to indicate buoyant growth. Ball pen consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Ball Pen Production in Turkey

In value terms, ball pen production stood at $X in 2022 estimated in export price. In general, production showed a resilient increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Ball pen production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Ball Pen Exports

Exports from Turkey

In 2022, shipments abroad of ball-point pens increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, ball pen exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Egypt (X units), Russia (X units) and Algeria (X units) were the main destinations of ball pen exports from Turkey, together accounting for X% of total exports. Iraq, Romania, Azerbaijan, Brazil, Tunisia, Albania, Libya, the United States, Georgia and Bulgaria lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ball pen exported from Turkey were the United States ($X), Russia ($X) and Egypt ($X), with a combined X% share of total exports. Iraq, Algeria, Romania, Azerbaijan, Brazil, Tunisia, Georgia, Libya, Albania and Bulgaria lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Brazil, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball pen export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price, however, saw a pronounced contraction. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Algeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Pen Imports

Imports into Turkey

In 2022, supplies from abroad of ball-point pens was finally on the rise to reach X units for the first time since 2015, thus ending a six-year declining trend. Overall, imports, however, saw a abrupt shrinkage. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, ball pen imports soared to $X in 2022. In general, imports, however, saw a deep downturn. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest ball pen supplier to Turkey, with a X% share of total imports. Moreover, ball pen imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold. Egypt (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Egypt (X% per year).

In value terms, China ($X) constituted the largest supplier of ball-point pens to Turkey, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

Import Prices by Country

The average ball pen import price stood at $X per unit in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Egypt (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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