Canada: Sliding Pencil Market 2024

Sliding Pencil Market Size in Canada

The Canadian sliding pencil market reduced markedly to $X in 2021, declining by -29.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a abrupt downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Sliding Pencil Exports

Exports from Canada

Sliding pencil exports from Canada reduced to X units in 2021, waning by -8.7% compared with the previous year's figure. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2013 when exports increased by 27% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sliding pencil exports stood at $X in 2021. Overall, total exports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 108% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for sliding pencil exports from Canada, with a 92% share of total exports. It was followed by Colombia (X units), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to -11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+39.2% per year) and Hong Kong SAR (+212.6% per year).

In value terms, the United States ($X) remains the key foreign market for propelling or sliding pencils exports from Canada, comprising 92% of total exports. The second position in the ranking was taken by Colombia ($X), with a 2.6% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+83.1% per year) and Hong Kong SAR (+274.0% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, growing by 24% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth appeared the most rapid in 2019 an increase of 68%. The export price peaked in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+31.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Canada

In 2021, supplies from abroad of propelling or sliding pencils decreased by -47.6% to X units, falling for the eighth year in a row after two years of growth. Overall, imports recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 with an increase of 19% against the previous year. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, sliding pencil imports declined remarkably to $X in 2021. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth was the most pronounced in 2013 with an increase of 16%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Mexico (X units), China (X units) and Japan (X units) were the main suppliers of sliding pencil imports to Canada, with a combined 87% share of total imports. Germany, the United States, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further 13%.

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +5.5%), while purchases for the other leaders experienced a decline.

In value terms, China ($X), Japan ($X) and Mexico ($X) constituted the largest sliding pencil suppliers to Canada, together accounting for 68% of total imports. Germany, the United States, India and Taiwan (Chinese) lagged somewhat behind, together comprising a further 30%.

Germany, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sliding pencil import price stood at $X per unit in 2021, picking up by 53% against the previous year. Over the period under review, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Mexico ($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 United States (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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