Chile: Sliding Pencil Market 2024

Sliding Pencil Market Size in Chile

The Chilean sliding pencil market soared to $X in 2021, picking up by 19% 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). Over the period under review, consumption, however, showed a deep downturn. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sliding Pencil Exports

Exports from Chile

For the third consecutive year, Chile recorded decline in shipments abroad of propelling or sliding pencils, which decreased by -33.8% to X units in 2021. Over the period under review, exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 47%. 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 contracted notably to $X in 2021. Overall, exports recorded a sharp shrinkage. The growth pace was the most rapid in 2018 when exports increased by 64%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Uruguay (X units) was the main destination for sliding pencil exports from Chile, with a 69% share of total exports. Moreover, sliding pencil exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X units), fivefold. The third position in this ranking was held by Argentina (X units), with an 8.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay amounted to -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (-28.7% per year) and Argentina (-28.0% per year).

In value terms, Bolivia ($X), Uruguay ($X) and Argentina ($X) were the largest markets for sliding pencil exported from Chile worldwide, together comprising 90% of total exports. These countries were followed by El Salvador, Costa Rica and Peru, which together accounted for a further 10%.

Costa Rica, with a CAGR of -3.1%, 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 a decline.

Export Prices by Country

In 2021, the average sliding pencil export price amounted to $X per unit, remaining relatively unchanged against the previous year. Overall, the export price, however, faced a deep downturn. The most prominent rate of growth was recorded in 2018 an increase of 40%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($X per unit), while the average price for exports to Uruguay ($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 Ecuador (+45.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Chile

In 2021, imports of propelling or sliding pencils into Chile rose significantly to X units, increasing by 7.2% against the previous year's figure. Overall, imports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2019 with an increase of 42%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, sliding pencil imports soared to $X in 2021. In general, imports, however, recorded a abrupt decline. The pace of growth was the most pronounced in 2013 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest sliding pencil supplier to Chile, with a 79% share of total imports. Moreover, sliding pencil imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. India (X units) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-18.4% per year) and India (+1.4% per year).

In value terms, China ($X) constituted the largest supplier of propelling or sliding pencils to Chile, comprising 59% of total imports. The second position in the ranking was taken by Brazil ($X), with an 8.1% share of total imports. It was followed by Japan, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-6.7% per year) and Japan (-19.7% per year).

Import Prices by Country

The average sliding pencil import price stood at $X per unit in 2021, with an increase of 14% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.4%. The growth pace was the most rapid in 2020 an increase of 23% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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