Argentina: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Argentina

The Argentinian coloured pencil lead market fell to $X in 2021, waning by -7.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, showed a deep contraction. Coloured pencil lead consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Coloured Pencil Lead Exports

Exports from Argentina

In 2021, shipments abroad of black or coloured pencil leads decreased by -75% to X units for the first time since 2017, thus ending a three-year rising trend. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 629% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, coloured pencil lead exports fell rapidly to $X in 2021. Over the period under review, exports recorded a precipitous slump. The pace of growth appeared the most rapid in 2015 with an increase of 1,040% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uruguay (X units), Venezuela (X units) and Chile (X units) were the main destinations of coloured pencil lead exports from Argentina, with a combined 85% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Uruguay (with a CAGR of +20.2%), while shipments for the other leaders experienced a decline.

In value terms, Venezuela ($X) remains the key foreign market for black or coloured pencil leads exports from Argentina, comprising 64% of total exports. The second position in the ranking was taken by Chile ($X), with a 21% share of total exports. It was followed by Uruguay, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Venezuela amounted to -24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Chile (-10.8% per year) and Uruguay (-5.0% per year).

Export Prices by Country

In 2021, the average coloured pencil lead export price amounted to $X per unit, reducing by -23.5% against the previous year. In general, the export price saw a deep slump. The growth pace was the most rapid in 2015 when the average export price increased by 56% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Venezuela ($X per unit), while the average price for exports to Paraguay ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela (-0.5%), while the prices for the other major destinations experienced a decline.

Coloured Pencil Lead Imports

Imports into Argentina

In 2021, approx. X units of black or coloured pencil leads were imported into Argentina; picking up by 10% on the previous year's figure. In general, imports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 53% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, coloured pencil lead imports fell dramatically to $X in 2021. Over the period under review, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 44% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of coloured pencil lead to Argentina, accounting for a 81% share of total imports. Moreover, coloured pencil lead imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), more than tenfold. The third position in this ranking was held by Taiwan (Chinese) (X units), with a 3.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+14.4% per year) and Taiwan (Chinese) (-20.6% per year).

In value terms, China ($X) constituted the largest supplier of black or coloured pencil leads to Argentina, comprising 45% of total imports. The second position in the ranking was taken by Mexico ($X), with a 17% share of total imports. It was followed by Taiwan (Chinese), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+18.5% per year) and Taiwan (Chinese) (-11.6% per year).

Import Prices by Country

The average coloured pencil lead import price stood at $X per unit in 2021, declining by -23.9% against the previous year. In general, the import price recorded a pronounced decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 41%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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