Sri Lanka - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Pen Price in Sri Lanka - 2021
Contents:
- Ball Pen Price in Sri Lanka (CIF) - 2022
- Ball Pen Price in Sri Lanka (FOB) - 2022
- Ball Pen Imports in Sri Lanka
- Ball Pen Exports in Sri Lanka
Ball Pen Price in Sri Lanka (CIF) - 2022
The average ball pen import price stood at $0.3 per unit in 2022, surging by 58% against the previous year. In general, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the average import price increased by 62%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($4 per unit), while the price for Pakistan ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Pen Price in Sri Lanka (FOB) - 2022
The average ball pen export price stood at $0.1 per unit in 2022, with a decrease of -36% against the previous year. In general, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 497% against the previous year. As a result, the export price attained the peak level of $0.3 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($0.3 per unit), while the average price for exports to Iran (less than $0.1 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 the United States (+22.3%), while the prices for the other major destinations experienced more modest paces of growth.
Ball Pen Imports in Sri Lanka
In 2022, approx. 251K units of ball-point pens were imported into Sri Lanka; waning by -91.3% compared with the year before. In general, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 536% against the previous year. As a result, imports reached the peak of 2.9M units, and then fell remarkably in the following year.
In value terms, ball pen imports contracted notably to $78K in 2022. Overall, imports recorded a sharp decrease. The growth pace was the most rapid in 2021 when imports increased by 470%. As a result, imports reached the peak of $561K, and then declined remarkably in the following year.
| Import of Ball Pen in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 69.4 | 15.2 | 305 | 20.0 | -33.9% |
| Canada | N/A | N/A | N/A | 16.1 | 0% |
| India | 23.5 | 11.6 | 25.8 | 11.9 | -20.3% |
| Singapore | 4.4 | 1.5 | 2.3 | 5.3 | 6.4% |
| United Arab Emirates | 95.4 | 8.5 | 68.6 | 3.2 | -67.7% |
| Japan | 13.4 | 7.4 | 18.9 | 2.8 | -40.7% |
| United States | 5.4 | 7.1 | 13.0 | 1.0 | -43.0% |
| Pakistan | 0.8 | 0.4 | 0.4 | 0.9 | 4.0% |
| Bangladesh | 0.9 | 0.2 | 2.4 | 0.9 | 0.0% |
| Others | 138 | 46.5 | 125 | 15.6 | -51.6% |
| Total | 351 | 98.4 | 561 | 77.6 | -39.5% |
Top Suppliers of Ball Pen to Sri Lanka in 2022:
- China (128.5K units)
- India (44.1K units)
- Pakistan (13.8K units)
- Singapore (12.2K units)
- Bangladesh (9.1K units)
- United Arab Emirates (8.9K units)
- Japan (7.6K units)
- United States (5.6K units)
- Canada (4.0K units)
Ball Pen Exports in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in overseas shipments of ball-point pens, which increased by 22% to 3.9M units in 2022. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 223% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, ball pen exports declined markedly to $237K in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 152% against the previous year. As a result, the exports reached the peak of $303K, and then shrank sharply in the following year.
| Export of Ball Pen in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 23.9 | 29.1 | 151 | 111 | 66.8% |
| United States | 2.6 | 47.4 | 68.0 | 53.0 | 173.2% |
| Vanuatu | N/A | N/A | N/A | 12.4 | 0% |
| American Samoa | N/A | N/A | 10.6 | 10.1 | -4.7% |
| Kiribati | N/A | N/A | N/A | 7.5 | 0% |
| India | 26.6 | 2.8 | N/A | 4.5 | -44.7% |
| Bangladesh | 0.4 | 0.3 | N/A | 3.4 | 104.1% |
| Iraq | N/A | 1.2 | 7.5 | 2.1 | 32.3% |
| Turkey | 0.1 | N/A | 4.1 | 2.0 | 171.4% |
| Iran | N/A | N/A | 1.5 | 1.0 | -33.3% |
| Others | 62.1 | 39.1 | 59.9 | 30.2 | -21.4% |
| Total | 116 | 120 | 303 | 237 | 26.9% |
Top Export Markets for Ball Pen from Sri Lanka in 2022:
- Pakistan (2837.6K units)
- United States (164.8K units)
- India (133.8K units)
- Kiribati (116.3K units)
- Vanuatu (112.5K units)
- American Samoa (64.8K units)
- Turkey (63.9K units)
- Bangladesh (63.9K units)
- Iraq (63.0K units)
- Iran (59.2K units)
This report provides an in-depth analysis of the ball pen market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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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