Belgium: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Belgium

In 2021, the Belgian encased lead pencil market decreased by -12.8% to $X for the first time since 2016, thus ending a four-year rising trend. In general, consumption, however, showed buoyant growth. Over the period under review, the market attained the peak level at $X in 2020, and then reduced in the following year.

Encased Lead Pencil Production in Belgium

In value terms, encased lead pencil production dropped to $X in 2021 estimated in export price. Overall, production, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 122% against the previous year. Encased lead pencil production peaked at $X in 2020, and then reduced in the following year.

Encased Lead Pencil Exports

Exports from Belgium

For the third year in a row, Belgium recorded growth in shipments abroad of pencils and crayons with leads encased in a rigid sheath, which increased by 17% to X units in 2021. In general, exports, however, continue to indicate a mild slump. The most prominent rate of growth was recorded in 2020 when exports increased by 101% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, encased lead pencil exports soared to $X in 2021. Overall, exports enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2020 when exports increased by 170%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

France (X units) was the main destination for encased lead pencil exports from Belgium, accounting for a 51% share of total exports. Moreover, encased lead pencil exports to France exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume to France totaled -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+4.5% per year) and Germany (+14.6% per year).

In value terms, France ($X) remains the key foreign market for encased lead pencil exports from Belgium, comprising 42% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by Spain, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to France was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+12.5% per year) and Spain (+4.5% per year).

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, picking up by 31% against the previous year. Overall, export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, encased lead pencil export price increased by +75.9% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 52% 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.

Prices varied noticeably country of destination: the country with the highest price was Luxembourg ($X per unit), while the average price for exports to the Netherlands ($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 Spain (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Belgium

For the fourth consecutive year, Belgium recorded growth in supplies from abroad of pencils and crayons with leads encased in a rigid sheath, which increased by 36% to X units in 2021. Overall, imports, however, showed a deep contraction. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, encased lead pencil imports surged to $X in 2021. Over the period under review, imports, however, saw a perceptible downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), China (X units) and Germany (X units) were the main suppliers of encased lead pencil imports to Belgium, with a combined 82% share of total imports. These countries were followed by France, Italy and Poland, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +53.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and China ($X) constituted the largest encased lead pencil suppliers to Belgium, together comprising 72% of total imports. France, Italy and Poland lagged somewhat behind, together accounting for a further 17%.

Poland, with a CAGR of +33.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average encased lead pencil import price amounted to $X per unit, increasing by 4.3% against the previous year. Over the period under review, the import price saw resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 82% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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