Spain: Ball Pen Refill Market 2024

Ball Pen Refill Market Size in Spain

The Spanish ball pen refill market shrank dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption faced a deep setback. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Ball Pen Refill Production in Spain

In value terms, ball pen refill production contracted dramatically to $X in 2022 estimated in export price. Over the period under review, production saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Ball Pen Refill Exports

Exports from Spain

After three years of growth, shipments abroad of refills for ball-point pens decreased by X% to X units in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2020 when exports increased by X%. The exports peaked at X units in 2021, and then shrank rapidly in the following year.

In value terms, ball pen refill exports dropped rapidly to $X in 2022. In general, exports, however, recorded a strong increase. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked at $X in 2021, and then contracted remarkably in the following year.

Exports by Country

Germany (X units), the UK (X units) and Italy (X units) were the main destinations of ball pen refill exports from Spain, with a combined X% share of total exports. Switzerland, Morocco, France, Bolivia, Norway, Poland, Mexico, Portugal, Russia and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) appeared to be the largest markets for ball pen refill exported from Spain worldwide, with a combined X% share of total exports. Poland, Italy, Switzerland, Portugal, Mexico, Norway, Morocco, Bolivia, Russia and Saudi Arabia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Morocco, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ball pen refill export price stood at $X per unit in 2022, increasing by X% against the previous year. In general, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Morocco ($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 Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Ball Pen Refill Imports

Imports into Spain

In 2022, overseas purchases of refills for ball-point pens decreased by X% to X units, falling for the fourth consecutive year after four years of growth. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, ball pen refill imports reduced remarkably to $X in 2022. Over the period under review, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, France (X units) constituted the largest ball pen refill supplier to Spain, with a X% share of total imports. Moreover, ball pen refill imports from France exceeded the figures recorded by the second-largest supplier, China (X units), threefold. Japan (X units) ranked third in terms of total imports with a X% share.

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

In value terms, Japan ($X), France ($X) and China ($X) constituted the largest ball pen refill suppliers to Spain, with a combined X% share of total imports. Germany, Italy and Mexico lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Italy, with a CAGR of X%, saw the highest rates of growth with regard to 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 unit in 2022, shrinking by X% against the previous year. Over the period under review, the import price, however, enjoyed a perceptible expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Mexico (less than $X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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