Report Update Nov 1, 2024

Venezuela - Refills for Ball-Point Pens - Market Analysis, Forecast, Size, Trends and Insights

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Venezuela: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Venezuela

The Venezuelan ball pen refill market contracted sharply to $X in 2021, with a decrease of -74.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption faced a significant decrease. Ball pen refill consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from Venezuela

In 2016, the amount of refills for ball-point pens exported from Venezuela stood at X units, flattening at the year before. Over the period under review, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum in 2016 and are expected to retain growth in the immediate term.

In value terms, ball pen refill exports stood at $X in 2016. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2016 and are likely to see steady growth in the near future.

Exports by Country

Thailand (X units) was the main destination for ball pen refill exports from Venezuela, accounting for a approx. 100% share of total exports.

From 2016 to 2016, the average annual rate of growth in terms of volume to Thailand was relatively modest.

From 2016 to 2016, the average annual rate of growth in terms of value to Thailand was relatively modest.

Ball Pen Refill Imports

Imports into Venezuela

In 2021, ball pen refill imports into Venezuela plummeted to X units, dropping by -70.2% compared with the previous year. In general, imports saw a sharp decrease. The pace of growth was the most pronounced in 2020 with an increase of 547% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, ball pen refill imports plummeted to $X in 2021. Overall, imports showed a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 357%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X units), France (X units) and Panama (X units) were the main suppliers of ball pen refill imports to Venezuela, with a combined 67% share of total imports. Hong Kong SAR, Italy, South Korea, China, Mexico, Democratic People's Republic of Korea, Germany and Spain lagged somewhat behind, together comprising a further 30%.

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 -4.3%), while imports for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of refills for ball-point pens to Venezuela, comprising 61% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 10% share of total imports. It was followed by France, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -27.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-17.1% per year) and France (-43.2% per year).

Import Prices by Country

The average ball pen refill import price stood at $X per unit in 2021, which is down by -37.7% against the previous year. In general, the import price saw a mild decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 67%. The import price peaked at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 Germany (+13.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refills for ball-point pens in the world?

Italy constituted the country with the largest volume of ball pen refill consumption, comprising approx. 38% of total volume. Moreover, ball pen refill consumption in Italy exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of refills for ball-point pens in the world?

The countries with the highest volumes of ball pen refill production in 2020 were Italy, China and India, together accounting for 72% of global production.

What are the leading suppliers of refills for ball-point pens to Venezuela?

In value terms, the United States constituted the largest supplier of ball pen refill to Venezuela, comprising 67% of total imports. The second position in the ranking was occupied by France, with a 10% share of total imports. It was followed by South Korea, with a 4.4% share.

What is the average export price for refills for ball-point pens in Venezuela?

The average ball pen refill export price stood at $0.4 per unit in 2016, standing approx. at the previous year.

What is the average import price for refills for ball-point pens in Venezuela?

The average ball pen refill import price stood at $0.1 per unit in 2020, falling by -10.7% against the previous year.

This report provides an in-depth analysis of the ball pen refill market in Venezuela. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991430 - Refills for ball-point pens, comprising the ball-point and inkreservoir

Country coverage:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023