Ukraine: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Ukraine

In 2021, the Ukrainian ball pen refill market increased by 30% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Ball Pen Refill Exports

Exports from Ukraine

In 2021, shipments abroad of refills for ball-point pens decreased by -0.9% to X units, falling for the third consecutive year after four years of growth. Over the period under review, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2015 when exports increased by 79% against the previous year. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, ball pen refill exports soared to $X in 2021. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 68%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Belarus (X units), Moldova (X units) and Georgia (X units) were the main destinations of ball pen refill exports from Ukraine, with a combined 94% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Georgia (with a CAGR of +68.7%), while the other leaders experienced more modest paces of growth.

In value terms, Moldova ($X), Belarus ($X) and Georgia ($X) were the largest markets for ball pen refill exported from Ukraine worldwide, together accounting for 78% of total exports. These countries were followed by Lithuania and Poland, which together accounted for a further 4.2%.

Poland, with a CAGR of +89.4%, saw the highest growth rate of the value of exports, in terms of 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 thousand units, rising by 23% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per thousand units), while the average price for exports to Poland ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Moldova (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Ukraine

In 2021, overseas purchases of refills for ball-point pens were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. Overall, imports, however, continue to indicate a abrupt descent. 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 expanded modestly to $X in 2021. Over the period under review, imports, however, showed a pronounced slump. The growth pace was the most rapid in 2016 when imports increased by 28% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of ball pen refill to Ukraine, with a 81% share of total imports. Moreover, ball pen refill imports from China exceeded the figures recorded by the second-largest supplier, India (X units), ninefold. The third position in this ranking was held by Germany (X units), with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -15.1%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+4.9% per year) and Germany (-5.4% per year).

In value terms, the largest ball pen refill suppliers to Ukraine were China ($X), Japan ($X) and Germany ($X), with a combined 75% share of total imports. India and Poland lagged somewhat behind, together comprising a further 6.4%.

In terms of the main suppliers, Poland, with a CAGR of +37.6%, recorded 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 thousand units in 2021, dropping by -37.8% against the previous year. Over the period under review, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 74% against the previous year. The import price peaked at $X per thousand units in 2020, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per thousand units), while the price for India ($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 China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :