HS Code:
Refills for ball point pens, categorized under HS Code 9608.60, include the ball point and ink reservoir components designed for replacing the ink in ballpoint pens. These refills are essential for extending the usability of pens, catering to both consumer and professional markets. They are produced in various sizes, ink colors, and qualities to suit different pen models and user preferences. This category is a significant part of the global stationery market, driven by demand in educational, corporate, and personal use sectors.
Total Trade Volume
USD 250 million
Data from 2022
Source
United Nations Comtrade Database
USD 60 million
24% of total trade of total trade
Increasing
USD 45 million
18% of total trade of total trade
Stable
USD 40 million
16% of total trade of total trade
Increasing
USD 30 million
12% of total trade of total trade
Stable
USD 25 million
10% of total trade of total trade
Decreasing
Average Rate
5.2%
Highest Rate
12% (applied by certain developing countries)
Lowest Rate
0% (under free trade agreements such as EU-Japan EPA)
Shift towards eco-friendly ink formulations
Increased demand for biodegradable and non-toxic ink refills, pushing manufacturers to innovate and adapt to environmental regulations.
2021-2022
Growth in e-commerce sales channels
Online platforms have boosted accessibility and sales of pen refills, especially for niche and premium brands, expanding market reach.
2020-2022
Decline in traditional office supply demand
Digitalization has reduced the need for physical writing instruments in some regions, slightly impacting bulk orders for refills.
2019-2022
The European Union introduced stricter regulations on the chemical composition of inks used in pen refills to minimize environmental and health risks.
June 2023
Manufacturers exporting to the EU must reformulate products to comply, potentially increasing production costs but enhancing consumer safety.
A new phase of the US-China trade agreement reduced tariffs on stationery products, including ballpoint pen refills, to promote trade balance.
March 2023
Chinese exporters gain better access to the US market, likely increasing competition and lowering prices for consumers.
Major Japanese manufacturers unveiled a new line of long-lasting ink refills with improved flow technology for smoother writing experiences.
September 2022
This innovation strengthens Japan's position as a market leader and may drive up demand for premium refill products globally.