Brazil: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Brazil

The Brazilian encased lead pencil market expanded slightly to $X in 2021, growing by 1.9% against the previous year. In general, the total consumption indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.5% against 2017 indices. 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 Brazil

In value terms, encased lead pencil production totaled $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -3.2% against 2017 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 56%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Encased Lead Pencil Exports

Exports from Brazil

In 2021, overseas shipments of pencils and crayons with leads encased in a rigid sheath increased by 0.5% to X units, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 23%. 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 modestly to $X in 2021. The total export value increased at an average annual rate of +1.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of 24% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for encased lead pencil exports from Brazil, accounting for a 77% share of total exports. Moreover, encased lead pencil exports to the United States exceeded the volume sent to the second major destination, Canada (X units), more than tenfold. Argentina (X units) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +7.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+7.5% per year) and Argentina (-10.9% per year).

In value terms, the United States ($X) remains the key foreign market for encased lead pencil exports from Brazil, comprising 74% of total exports. The second position in the ranking was held by Canada ($X), with a 7.1% share of total exports. It was followed by Argentina, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+7.9% per year) and Argentina (-11.4% per year).

Export Prices by Country

The average encased lead pencil export price stood at $X per unit in 2021, flattening at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 3.5% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Colombia ($X per unit), while the average price for exports to the United States ($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 Paraguay (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Brazil

In 2021, supplies from abroad of pencils and crayons with leads encased in a rigid sheath decreased by -54.3% to X units, falling for the second year in a row after four years of growth. Over the period under review, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 50% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, encased lead pencil imports reduced sharply to $X in 2021. Overall, imports saw a abrupt curtailment. The growth pace was the most rapid in 2017 with an increase of 35% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest encased lead pencil supplier to Brazil, with a 54% share of total imports. Moreover, encased lead pencil imports from China exceeded the figures recorded by the second-largest supplier, India (X units), twofold. Indonesia (X units) ranked third in terms of total imports with a 6.6% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -13.3%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+13.3% per year) and Indonesia (+15.0% per year).

In value terms, China ($X) constituted the largest supplier of encased lead pencil to Brazil, comprising 43% of total imports. The second position in the ranking was held by India ($X), with a 14% share of total imports. It was followed by Indonesia, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -12.4%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+7.1% per year) and Indonesia (+17.3% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, growing by 32% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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