Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Africa

The African coloured pencil lead market skyrocketed to $X in 2021, picking up by 19% against the previous year. Over the period under review, consumption recorded a measured increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Coloured Pencil Lead Production in Africa

In value terms, coloured pencil lead production contracted to $X in 2021 estimated in export price. The total production indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.4% against 2018 indices. The growth pace was the most rapid in 2018 when the production volume increased by 39%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a lower figure.

Coloured Pencil Lead Exports

Exports in Africa

In 2021, approx. X units of black or coloured pencil leads were exported in Africa; growing by 10% on the year before. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 285%. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, coloured pencil lead exports soared to $X in 2021. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 223%. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

In 2021, Egypt (X units) represented the major exporter of black or coloured pencil leads, committing 62% of total exports. It was distantly followed by South Africa (X units), constituting a 35% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Egypt (with a CAGR of +18.2%).

In value terms, the largest coloured pencil lead supplying countries in Africa were Egypt ($X) and South Africa ($X).

In terms of the main exporting countries, Egypt, with a CAGR of +26.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the export price in Africa amounted to $X per unit, jumping by 21% against the previous year. Export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, coloured pencil lead export price increased by +69.8% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 27%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while South Africa totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+7.3%).

Coloured Pencil Lead Imports

Imports in Africa

In 2021, approx. X units of black or coloured pencil leads were imported in Africa; jumping by 63% against 2020. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 76% against the previous year. Over the period under review, imports attained the maximum at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, coloured pencil lead imports skyrocketed to $X in 2021. In general, imports showed a pronounced expansion. The pace of growth was the most pronounced in 2019 when imports increased by 162% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria represented the largest importing country with an import of about X units, which resulted at 49% of total imports. Egypt (X units) held the second position in the ranking, followed by Ethiopia (X units) and South Africa (X units). All these countries together held approx. 32% share of total imports. Namibia (X units), Botswana (X units) and Malawi (X units) took a minor share of total imports.

Nigeria experienced a relatively flat trend pattern with regard to volume of imports of black or coloured pencil leads. At the same time, Malawi (+48.2%), Egypt (+24.3%), Ethiopia (+13.5%) and Namibia (+4.7%) displayed positive paces of growth. Moreover, Malawi emerged as the fastest-growing importer imported in Africa, with a CAGR of +48.2% from 2012-2021. By contrast, South Africa (-1.7%) and Botswana (-6.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Egypt, Ethiopia and Malawi increased by +12, +7.8 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X), Nigeria ($X) and South Africa ($X) constituted the countries with the highest levels of imports in 2021, with a combined 62% share of total imports. These countries were followed by Ethiopia, Namibia, Botswana and Malawi, which together accounted for a further 19%.

Malawi, with a CAGR of +40.0%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2021, declining by -6.2% against the previous year. In general, the import price, however, posted a measured increase. The pace of growth appeared the most rapid in 2019 an increase of 143%. As a result, import price reached the peak level of $X per unit. From 2020 to 2021, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Egypt ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Namibia (+12.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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