Benelux: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Benelux

In 2021, the Benelux encased lead pencil market decreased by -1.8% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption saw resilient growth. The level of consumption peaked at $X in 2020, and then fell in the following year.

Encased Lead Pencil Production in Benelux

In value terms, encased lead pencil production dropped slightly to $X in 2021 estimated in export price. In general, production showed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 98%. The level of production peaked at $X in 2020, and then reduced modestly in the following year.

Encased Lead Pencil Exports

Exports in Benelux

In 2021, overseas shipments of pencils and crayons with leads encased in a rigid sheath increased by 16% to X units, rising for the sixth consecutive year after two years of decline. Over the period under review, exports posted a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 24%. The volume of export peaked in 2021 and is expected to retain growth in the near future.

In value terms, encased lead pencil exports soared to $X in 2021. In general, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

The Netherlands dominates exports structure, finishing at X units, which was near 90% of total exports in 2021. It was distantly followed by Belgium (X units), achieving a 9.8% share of total exports.

The Netherlands was also the fastest-growing in terms of the pencils and crayons with leads encased in a rigid sheath exports, with a CAGR of +8.0% from 2012 to 2021. Belgium (-1.7%) illustrated a downward trend over the same period. The Netherlands (+10 p.p.) significantly strengthened its position in terms of the total exports, while Belgium saw its share reduced by -10.4% from 2012 to 2021, respectively.

In value terms, the Netherlands ($X) remains the largest encased lead pencil supplier in Benelux, comprising 85% of total exports. The second position in the ranking was held by Belgium ($X), with a 14% share of total exports.

In the Netherlands, encased lead pencil exports increased at an average annual rate of +8.9% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per unit in 2021, with an increase of 7.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2020 an increase of 8.8% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was Belgium ($X per unit), while the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+5.1%).

Encased Lead Pencil Imports

Imports in Benelux

In 2021, approx. X units of pencils and crayons with leads encased in a rigid sheath were imported in Benelux; increasing by 12% against the year before. Over the period under review, imports, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 19%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, encased lead pencil imports surged to $X in 2021. Total imports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +47.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands was the key importer of pencils and crayons with leads encased in a rigid sheath in Benelux, with the volume of imports recording X units, which was approx. 67% of total imports in 2021. It was distantly followed by Belgium (X units), achieving a 32% share of total imports. Luxembourg (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 the Netherlands stood at +1.6%. At the same time, Luxembourg (+12.4%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +12.4% from 2012-2021. By contrast, Belgium (-12.6%) illustrated a downward trend over the same period. While the share of the Netherlands (+32 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-32.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported pencils and crayons with leads encased in a rigid sheath in Benelux, comprising 66% of total imports. The second position in the ranking was held by Belgium ($X), with a 32% share of total imports.

In the Netherlands, encased lead pencil imports expanded at an average annual rate of +4.5% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-3.9% per year) and Luxembourg (+8.5% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per unit, increasing by 15% against the previous year. Import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.8% 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 import price increased by +32.8% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the import price increased by 25%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Luxembourg ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform