ASEAN: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in ASEAN

The ASEAN encased lead pencil market rose to $X in 2021, with an increase of 3.9% against the previous year. Overall, consumption recorded a strong increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Encased Lead Pencil Production in ASEAN

In value terms, encased lead pencil production amounted to $X in 2021 estimated in export price. Over the period under review, production posted a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 116% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Encased Lead Pencil Exports

Exports in ASEAN

In 2021, overseas shipments of pencils and crayons with leads encased in a rigid sheath decreased by -8.4% to X units, falling for the fifth year in a row after three years of growth. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2016 when exports increased by 19%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, encased lead pencil exports contracted to $X in 2021. In general, exports saw a pronounced reduction. The growth pace was the most rapid in 2016 when exports increased by 26%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X units) and Indonesia (X units) represented roughly 79% of total exports in 2021. It was distantly followed by Thailand (X units), committing a 13% share of total exports. The Philippines (X units), Singapore (X units) and Malaysia (X units) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Philippines (with a CAGR of +27.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X), Indonesia ($X) and Thailand ($X) were the countries with the highest levels of exports in 2021, with a combined 94% share of total exports. These countries were followed by Singapore, the Philippines and Malaysia, which together accounted for a further 5.3%.

Among the main exporting countries, the Philippines, with a CAGR of +27.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per unit, with a decrease of -6.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2019 an increase of 9.3% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+4.5%), while the other leaders experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports in ASEAN

After three years of decline, overseas purchases of pencils and crayons with leads encased in a rigid sheath increased by 5.6% to X units in 2021. Over the period under review, imports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2014 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, encased lead pencil imports totaled $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 13% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of encased lead pencil imports in 2021 were Thailand (X units), Malaysia (X units), Indonesia (X units) and Vietnam (X units), together recording 86% of total import. It was distantly followed by the Philippines (X units), making up a 10% share of total imports. Singapore (X units) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of +11.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Thailand ($X), Vietnam ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 75% share of total imports.

In terms of the main importing countries, Vietnam, with a CAGR of +16.4%, saw the highest rates of growth with regard to the value of imports, 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 ASEAN stood at $X per unit in 2021, with a decrease of -5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 when the import price increased by 15% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2020, and then reduced in the following year.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform