CIS: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in CIS

The CIS encased lead pencil market rose rapidly to $X in 2021, surging by 5.1% against the previous year. Overall, consumption continues to indicate a remarkable increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Encased Lead Pencil Production in CIS

In value terms, encased lead pencil production expanded markedly to $X in 2021 estimated in export price. In general, production posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 95%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth failed to regain momentum.

Encased Lead Pencil Exports

Exports in CIS

In 2021, the amount of pencils and crayons with leads encased in a rigid sheath exported in the CIS skyrocketed to X units, picking up by 23% against the previous year. Over the period under review, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 107%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, encased lead pencil exports soared to $X in 2021. Overall, exports posted a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of 63%. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

Russia represented the largest exporting country with an export of about X units, which accounted for 79% of total exports. It was distantly followed by Belarus (X units), mixing up a 21% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to encased lead pencil exports from Russia stood at +6.2%. At the same time, Belarus (+22.4%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +22.4% from 2012-2021. While the share of Belarus (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Russia (-13.2 p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest encased lead pencil supplier in the CIS, comprising 92% of total exports. The second position in the ranking was held by Belarus ($X), with a 7.7% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Russia totaled +8.9%.

Export Prices by Country

In 2021, the export price in the CIS amounted to $X per unit, picking up by 9.9% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2014 an increase of 28%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Russia ($X per unit), while Belarus totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+2.5%).

Encased Lead Pencil Imports

Imports in CIS

In 2021, the amount of pencils and crayons with leads encased in a rigid sheath imported in the CIS surged to X units, rising by 20% compared with the previous year. Total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 62% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, encased lead pencil imports surged to $X in 2021. Overall, imports posted a resilient expansion. The most prominent rate of growth was recorded in 2016 with an increase of 45% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Russia was the main importing country with an import of around X units, which finished at 68% of total imports. It was distantly followed by Uzbekistan (X units), Kazakhstan (X units) and Belarus (X units), together mixing up a 26% share of total imports. The following importers - Moldova (X units) and Kyrgyzstan (X units) - each amounted to a 3.4% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to encased lead pencil imports into Russia stood at +2.6%. At the same time, Uzbekistan (+25.3%), Moldova (+17.1%), Kyrgyzstan (+10.8%), Belarus (+7.6%) and Kazakhstan (+4.7%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +25.3% from 2012-2021. From 2012 to 2021, the share of Uzbekistan increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported pencils and crayons with leads encased in a rigid sheath in the CIS, comprising 81% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a 7.2% share of total imports. It was followed by Belarus, with a 4.8% share.

In Russia, encased lead pencil imports increased at an average annual rate of +9.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Kazakhstan (+8.4% per year) and Belarus (+3.7% per year).

Import Prices by Country

The import price in the CIS stood at $X per unit in 2021, picking up by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.7%. The most prominent rate of growth was recorded in 2014 when the import price increased by 26% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while Uzbekistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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