U.S.: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in the U.S.

The U.S. ball pen refill market amounted to $X in 2021, leveling off at the previous year. In general, consumption posted a significant expansion. Ball pen refill consumption peaked in 2021 and is expected to retain growth in the immediate term.

Ball Pen Refill Production in the U.S.

In value terms, ball pen refill production contracted to $X in 2021. Over the period under review, production enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of 88% against the previous year. Ball pen refill production peaked at $X in 2020, and then reduced in the following year.

Ball Pen Refill Exports

Exports from the U.S.

In 2021, shipments abroad of refills for ball-point pens decreased by -5.5% to X units, falling for the fourth consecutive year after two years of growth. In general, exports showed a slight reduction. The pace of growth was the most pronounced in 2016 with an increase of 72% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, ball pen refill exports reduced modestly to $X in 2021. Overall, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 when exports increased by 58%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Canada (X units) was the main destination for ball pen refill exports from the United States, with a 53% share of total exports. Moreover, ball pen refill exports to Canada exceeded the volume sent to the second major destination, Mexico (X units), twofold. The third position in this ranking was held by Switzerland (X units), with a 6.2% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-8.4% per year) and Switzerland (+41.3% per year).

In value terms, Canada ($X) remains the key foreign market for refills for ball-point pens exports from the United States, comprising 45% of total exports. The second position in the ranking was taken by Mexico ($X), with a 12% share of total exports. It was followed by Japan, with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada amounted to -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-5.6% per year) and Japan (+8.7% per year).

Export Prices by Country

In 2021, the average ball pen refill export price amounted to $X per unit, picking up by 2.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 24% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Mexico ($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 Germany (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

Ball Pen Refill Imports

Imports into the U.S.

In 2021, overseas purchases of refills for ball-point pens decreased by -8% to X units, falling for the second year in a row after two years of growth. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2014 when imports increased by 7.4% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, ball pen refill imports totaled $X in 2021. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 8.9% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Mexico (X units), India (X units) and Japan (X units) were the main suppliers of ball pen refill imports to the United States, together comprising 93% of total imports.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +26.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Japan ($X), Mexico ($X) and India ($X) were the largest ball pen refill suppliers to the United States, together comprising 75% of total imports.

India, with a CAGR of +29.9%, 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 a decline.

Import Prices by Country

The average ball pen refill import price stood at $X per thousand units in 2021, increasing by 12% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The pace of growth was the most pronounced in 2016 when the average import price increased by 20% against the previous year. Over the period under review, average import prices reached the maximum at $X per thousand units in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per thousand units), while the price for Mexico ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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