United Arab Emirates: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in the United Arab Emirates

The ball pen refill market in the United Arab Emirates rose significantly to $X in 2021, picking up by 10% against the previous year. Over the period under review, consumption posted a significant increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Ball Pen Refill Production in the United Arab Emirates

In value terms, ball pen refill production expanded slightly to $X in 2021 estimated in export price. Overall, production enjoyed significant growth. The growth pace was the most rapid in 2018 with an increase of 105% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from the United Arab Emirates

For the fourth year in a row, the United Arab Emirates recorded decline in overseas shipments of refills for ball-point pens, which decreased by -36.3% to X units in 2021. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when exports increased by 71% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, ball pen refill exports soared to $X in 2021. In general, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2014 with an increase of 237% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Oman (X units), India (X units) and Seychelles (X units) were the main destinations of ball pen refill exports from the United Arab Emirates, with a combined 94% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Seychelles (with a CAGR of +40.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for ball pen refill exported from the United Arab Emirates were India ($X), Oman ($X) and Senegal ($X), together comprising 96% of total exports. These countries were followed by Seychelles, which accounted for a further 1%.

Seychelles, with a CAGR of +24.3%, saw the highest rates of growth with regard to 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, increasing by 150% against the previous year. In general, the export price continues to indicate significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was India ($X per unit), while the average price for exports to Seychelles ($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 Iran (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into the United Arab Emirates

Ball pen refill imports into the United Arab Emirates soared to X units in 2021, jumping by 301% against the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 469%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, ball pen refill imports soared to $X in 2021. Overall, imports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 119%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest ball pen refill supplier to the United Arab Emirates, accounting for a 10% share of total imports. Moreover, ball pen refill imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. The third position in this ranking was held by Germany (X units), with a 1.5% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +9.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-4.9% per year) and Germany (+11.3% per year).

In value terms, Germany ($X) constituted the largest supplier of refills for ball-point pens to the United Arab Emirates, comprising 27% of total imports. The second position in the ranking was taken by Malaysia ($X), with a 13% share of total imports. It was followed by China, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+38.9% per year) and China (+5.0% per year).

Import Prices by Country

The average ball pen refill import price stood at $X per unit in 2021, waning by -53% against the previous year. Overall, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 an increase of 52% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average 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 Germany ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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