Belgium: Drawing Chalk Market 2024

Drawing Chalk Market Size in Belgium

The Belgian drawing chalk market reached $X in 2021, picking up by 3.6% against the previous year. Overall, consumption, however, saw a slight curtailment. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Drawing Chalk Production in Belgium

In value terms, drawing chalk production dropped significantly to $X in 2021 estimated in export price. Over the period under review, production showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 197% against the previous year. As a result, production reached the peak level of $X, and then shrank significantly in the following year.

Drawing Chalk Exports

Exports from Belgium

In 2021, the amount of pastels, drawing charcoals, writing or drawing chalks exported from Belgium rose significantly to X units, with an increase of 6.6% against the previous year's figure. Overall, exports enjoyed a buoyant increase. The growth pace was the most rapid in 2020 when exports increased by 723% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

In value terms, drawing chalk exports reached $X in 2021. In general, exports enjoyed strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 676% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the near future.

Exports by Country

Cameroon (X units) was the main destination for drawing chalk exports from Belgium, accounting for a 89% share of total exports. It was followed by Madagascar (X units), with a 2.5% share of total exports. The third position in this ranking was taken by India (X units), with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Cameroon totaled +89.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Madagascar (0.0% per year) and India (+178.1% per year).

In value terms, the largest markets for drawing chalk exported from Belgium were Cameroon ($X), France ($X) and Cote d'Ivoire ($X), together accounting for 27% of total exports. Senegal, India, Burkina Faso, Madagascar and Benin lagged somewhat behind, together comprising a further 9%.

India, with a CAGR of +178.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average drawing chalk export price stood at $X per unit in 2021, dropping by -5.7% against the previous year. In general, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 33%. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was France ($X per unit), while the average price for exports to Cameroon ($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 Benin (+60.5%), while the prices for the other major destinations experienced more modest paces of growth.

Drawing Chalk Imports

Imports into Belgium

In 2021, supplies from abroad of pastels, drawing charcoals, writing or drawing chalks increased by 7.2% to X units, rising for the fifth consecutive year after four years of decline. Overall, imports enjoyed moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of 270% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, drawing chalk imports rose notably to $X in 2021. In general, imports posted a pronounced increase. The pace of growth was the most pronounced in 2020 when imports increased by 274% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest drawing chalk supplier to Belgium, accounting for a 66% share of total imports. Moreover, drawing chalk imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. The third position in this ranking was held by France (X units), with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+4.4% per year) and France (-7.1% per year).

In value terms, China ($X) constituted the largest supplier of pastels, drawing charcoals, writing or drawing chalks to Belgium, comprising 58% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 17% share of total imports. It was followed by Germany, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.1% per year) and Germany (+5.7% per year).

Import Prices by Country

In 2021, the average drawing chalk import price amounted to $X per unit, approximately equating the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The pace of growth was the most pronounced in 2013 an increase of 23%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform