Australia and Oceania: Encased Lead Pencil Market 2024

Encased Lead Pencil Exports

Exports in Australia and Oceania

After two years of growth, shipments abroad of pencils and crayons with leads encased in a rigid sheath decreased by -9.9% to X units in 2021. In general, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 169% against the previous year. As a result, the exports reached the peak of X units, and then reduced in the following year.

In value terms, encased lead pencil exports rose notably to $X in 2021. Over the period under review, exports, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 125% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

New Zealand was the key exporter of pencils and crayons with leads encased in a rigid sheath in Australia and Oceania, with the volume of exports reaching X units, which was approx. 63% of total exports in 2021. It was distantly followed by Australia (X units) and Fiji (X units), together mixing up a 36% share of total exports.

Exports from New Zealand increased at an average annual rate of +20.2% from 2012 to 2021. At the same time, Fiji (+81.6%) displayed positive paces of growth. Moreover, Fiji emerged as the fastest-growing exporter exported in Australia and Oceania, with a CAGR of +81.6% from 2012-2021. By contrast, Australia (-7.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand and Fiji increased by +44 and +11 percentage points, respectively.

In value terms, New Zealand ($X) remains the largest encased lead pencil supplier in Australia and Oceania, comprising 80% of total exports. The second position in the ranking was held by Australia ($X), with a 19% share of total exports.

In New Zealand, encased lead pencil exports increased at an average annual rate of +28.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Australia (-0.3% per year) and Fiji (+57.4% per year).

Export Prices by Country

The export price in Australia and Oceania stood at $X per unit in 2021, rising by 25% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the export price increased by 136%. Over the period under review, the export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+7.4%), while the other leaders experienced mixed trends in the export price figures.

Encased Lead Pencil Imports

Imports in Australia and Oceania

Encased lead pencil imports surged to X units in 2021, picking up by 56% compared with 2020 figures. Total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +68.5% against 2018 indices. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, encased lead pencil imports soared to $X in 2021. The total import value increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Australia dominates imports structure, resulting at X units, which was approx. 86% of total imports in 2021. It was distantly followed by New Zealand (X units), making up an 8.8% share of total imports. Papua New Guinea (X units) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to encased lead pencil imports into Australia stood at +3.2%. At the same time, Papua New Guinea (+24.1%) and New Zealand (+3.4%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +24.1% from 2012-2021. While the share of Papua New Guinea (+1.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Australia (-1.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported pencils and crayons with leads encased in a rigid sheath in Australia and Oceania, comprising 83% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +3.1%. In the other countries, the average annual rates were as follows: New Zealand (+4.4% per year) and Papua New Guinea (+18.3% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, which is down by -25.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 29%. As a result, import price reached the peak level of $X per unit. From 2019 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, the country with the highest price was New Zealand ($X per unit), while Papua New Guinea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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