Philippines - Ball-Point Pens - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Pen Price in the Philippines - 2023
Contents:
- Ball Pen Price in the Philippines (CIF) - 2022
- Ball Pen Price in the Philippines (FOB) - 2022
- Ball Pen Imports in the Philippines
- Ball Pen Exports in the Philippines
Ball Pen Price in the Philippines (CIF) - 2022
In 2022, the average ball pen import price amounted to $0.2 per unit, growing by 11% against the previous year. In general, the import price enjoyed slight growth. The most prominent rate of growth was recorded in 2015 an increase of 84%. Over the period under review, average import prices attained the maximum at $0.3 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($1.5 per unit), while the price for Thailand (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 attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Ball Pen Price in the Philippines (FOB) - 2022
In 2022, the average ball pen export price amounted to $9.1 per unit, jumping by 111% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth was the most pronounced in 2014 an increase of 349% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($38 per unit), while the average price for exports to Qatar ($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 Japan (+73.2%), while the prices for the other major destinations experienced mixed trend patterns.
Ball Pen Imports in the Philippines
In 2022, imports of ball-point pens into the Philippines surged to 62M units, increasing by 53% on 2021 figures. In general, imports, however, saw a abrupt slump. Over the period under review, imports hit record highs at 82M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, ball pen imports surged to $12M in 2022. Overall, imports, however, recorded a deep setback. Over the period under review, imports hit record highs at $16M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Ball Pen in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.5 | 2.5 | 2.4 | 4.2 | -2.3% |
| China | 3.5 | 2.4 | 2.4 | 4.1 | 5.4% |
| Malaysia | 3.3 | 2.1 | 0.5 | 1.2 | -28.6% |
| Vietnam | 0.8 | 0.4 | 0.6 | 1.0 | 7.7% |
| Germany | 1.1 | 0.5 | 0.1 | 0.4 | -28.6% |
| Thailand | 0.4 | 0.3 | 0.3 | 0.3 | -9.1% |
| South Korea | 0.4 | 0.2 | 0.1 | 0.2 | -20.6% |
| Indonesia | 0.1 | N/A | N/A | 0.1 | 0.0% |
| India | 0.7 | 0.4 | 0.2 | 0.1 | -47.7% |
| Hong Kong SAR | 1.0 | 0.1 | 0.1 | 0.1 | -53.6% |
| Others | 0.5 | 0.3 | 0.1 | 0.2 | -26.3% |
| Total | 16.3 | 9.1 | 7.0 | 11.9 | -10.0% |
Top Suppliers of Ball Pen to the Philippines in 2022:
- Vietnam (22.3M units)
- China (20.6M units)
- Thailand (6.9M units)
- Japan (5.3M units)
- South Korea (2.1M units)
- Indonesia (1.1M units)
- Germany (1.0M units)
- India (0.9M units)
- Malaysia (0.8M units)
- Hong Kong SAR (0.1M units)
Ball Pen Exports in the Philippines
In 2022, ball pen exports from the Philippines reduced notably to 4.7K units, which is down by -93.5% against the previous year. Overall, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 397% against the previous year. As a result, the exports attained the peak of 72K units, and then declined rapidly in the following year.
In value terms, ball pen exports contracted rapidly to $42K in 2022. In general, exports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 when exports increased by 934%. As a result, the exports reached the peak of $308K, and then dropped markedly in the following year.
| Export of Ball Pen in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 39.9 | 19.6 | 59.3 | 41.7 | 1.5% |
| Qatar | N/A | N/A | N/A | 0.2 | 0% |
| Saudi Arabia | 1.9 | N/A | N/A | 0.1 | -62.5% |
| Hong Kong SAR | N/A | N/A | 139 | N/A | 0% |
| France | N/A | N/A | 99.1 | N/A | 0% |
| Papua New Guinea | 0.2 | N/A | N/A | N/A | 0% |
| American Samoa | N/A | 3.0 | N/A | N/A | 0% |
| Oman | 0.7 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 0.6 | 0.3 | 0.6 | N/A | 0.0% |
| Others | 2.1 | 6.8 | 9.7 | 0.1 | -63.8% |
| Total | 45.5 | 29.8 | 308 | 42.3 | -2.4% |
Top Export Markets for Ball Pen from the Philippines in 2022:
- Qatar (1866.0 units)
- Saudi Arabia (1339.0 units)
- Japan (1095.0 units)
- Papua New Guinea (300.0 units)
This report provides an in-depth analysis of the ball pen market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
- 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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