Hong Kong SAR, China - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Pen Price in Hong Kong SAR - 2023
Contents:
- Ball Pen Price in Hong Kong SAR (CIF) - 2023
- Ball Pen Price in Hong Kong SAR (FOB) - 2023
- Ball Pen Imports in Hong Kong SAR
- Ball Pen Exports in Hong Kong SAR
Ball Pen Price in Hong Kong SAR (CIF) - 2023
The average ball pen import price stood at $489 per thousand units in June 2023, growing by 25% against the previous month. Over the period under review, the import price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 34% month-to-month. Over the period under review, average import prices reached the maximum at $1.0 per unit in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($460 per thousand units), while the price for Malaysia ($222 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (+0.4%), while the prices for the other major suppliers experienced a decline.
Ball Pen Price in Hong Kong SAR (FOB) - 2023
In June 2023, the average ball pen export price amounted to $1.0 per unit, rising by 44% against the previous month. Overall, the export price, however, showed a slight reduction. Over the period under review, the average export prices reached the peak figure at $1.9 per unit in November 2022; however, from December 2022 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Japan ($3.3 per unit), while the average price for exports to Australia ($291 per thousand units) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Pen Imports in Hong Kong SAR
For the third year in a row, Hong Kong SAR recorded decline in purchases abroad of ball-point pens, which decreased by -18.5% to 44M units in 2022. Over the period under review, imports showed a sharp decline. Over the period under review, imports reached the maximum at 108M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, ball pen imports contracted to $37M in 2022. Overall, imports saw a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 22%. Over the period under review, imports attained the peak figure at $50M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ball Pen in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 17.4 | 15.6 | 15.0 | 13.9 | -7.2% |
| China | 19.4 | 12.2 | 15.7 | 12.0 | -14.8% |
| Others | 13.2 | 6.9 | 11.5 | 10.9 | -6.2% |
| Total | 49.9 | 34.7 | 42.3 | 36.8 | -9.7% |
Top Suppliers of Ball Pen to Hong Kong SAR in 2022:
- Japan (23.9M units)
- China (17.6M units)
Ball Pen Exports in Hong Kong SAR
In 2022, overseas shipments of ball-point pens were finally on the rise to reach 36M units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep downturn. Over the period under review, the exports attained the maximum at 50M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, ball pen exports fell slightly to $28M in 2022. Overall, exports, however, saw a deep reduction. The exports peaked at $45M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Ball Pen in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 2.1 | 3.4 | 4.1 | -7.0% |
| Taiwan (Chinese) | 1.7 | 0.8 | 0.6 | 2.8 | 18.1% |
| China | 4.9 | 4.7 | 5.2 | 2.6 | -19.0% |
| Japan | 3.6 | 3.5 | 2.2 | 2.5 | -11.4% |
| France | 1.4 | 4.5 | 2.0 | 2.1 | 14.5% |
| Switzerland | 5.8 | 2.7 | 4.1 | 1.4 | -37.7% |
| Germany | 2.0 | 1.6 | 1.3 | 1.2 | -15.7% |
| Australia | 2.0 | 0.8 | 0.9 | 1.0 | -20.6% |
| United Kingdom | 1.7 | 0.8 | 0.8 | 0.9 | -19.1% |
| United Arab Emirates | N/A | N/A | N/A | 0.4 | 0% |
| Canada | 0.5 | 0.1 | 0.1 | 0.2 | -26.3% |
| Philippines | 1.7 | 0.4 | 0.1 | 0.2 | -51.0% |
| Argentina | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Others | 14.5 | 7.1 | 7.6 | 8.4 | -16.6% |
| Total | 44.8 | 29.1 | 28.4 | 27.8 | -14.7% |
Top Export Markets for Ball Pen from Hong Kong SAR in 2022:
- Taiwan (Chinese) (8.2M units)
- Japan (5.5M units)
- United States (4.4M units)
- China (4.3M units)
- France (1.9M units)
- Switzerland (1.2M units)
- Germany (1.2M units)
- United Kingdom (1.1M units)
- Canada (0.6M units)
- Australia (0.6M units)
- United Arab Emirates (0.6M units)
- Argentina (0.6M units)
- Philippines (0.3M units)
This report provides an in-depth analysis of the ball pen market in Hong Kong SAR, China. 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 32991210 - Ball-point pens
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2023, the price of Ball Pen reached $392 per thousand units (CIF, Hong Kong), showing a decrease of -1.6% compared to the previous month.
131
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Explore the top import markets for pens, stylos, and similar stationery products, with key statistics and numbers from IndexBox. Discover the global demand and growth potential in these lucrative markets.
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