Bulgaria: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Bulgaria

In 2022, the Bulgarian ball pen refill market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption showed prominent growth. Ball pen refill consumption peaked at $X in 2021, and then contracted notably in the following year.

Ball Pen Refill Production in Bulgaria

In value terms, ball pen refill production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from Bulgaria

Ball pen refill exports from Bulgaria reduced markedly to X units in 2022, falling by X% against the year before. Over the period under review, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, ball pen refill exports shrank notably to $X in 2022. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2021, and then dropped significantly in the following year.

Exports by Country

Spain (X units) was the main destination for ball pen refill exports from Bulgaria, accounting for a X% share of total exports. Moreover, ball pen refill exports to Spain exceeded the volume sent to the second major destination, the United States (X units), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Italy (X% per year).

In value terms, Spain ($X) remains the key foreign market for refills for ball-point pens exports from Bulgaria, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Italy (X% per year).

Export Prices by Country

The average ball pen refill export price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the export price, however, saw significant growth. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Spain ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Bulgaria

In 2022, approx. X units of refills for ball-point pens were imported into Bulgaria; rising by X% against the previous year's figure. Over the period under review, imports, however, recorded a abrupt decrease. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ball pen refill imports dropped significantly to $X in 2022. In general, imports enjoyed prominent growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then shrank rapidly in the following year.

Imports by Country

The UK (X units), France (X units) and China (X units) were the main suppliers of ball pen refill imports to Bulgaria, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

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

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

Import Prices by Country

In 2022, the average ball pen refill import price amounted to $X per unit, declining by X% against the previous year. Overall, the import price, however, saw a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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