Croatia: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Croatia

After eight years of decline, the Croatian encased lead pencil market increased by 11% to $X in 2021. In general, consumption, however, faced a abrupt downturn. Encased lead pencil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Encased Lead Pencil Production in Croatia

In value terms, encased lead pencil production rose remarkably to $X in 2021 estimated in export price. Overall, production, however, recorded a sharp descent. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Encased Lead Pencil Exports

Exports from Croatia

For the third consecutive year, Croatia recorded growth in overseas shipments of pencils and crayons with leads encased in a rigid sheath, which increased by 7.8% to X units in 2021. Overall, exports, however, faced a abrupt contraction. The pace of growth appeared the most rapid in 2017 with an increase of 90%. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, encased lead pencil exports soared to $X in 2021. Over the period under review, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2017 with an increase of 100%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Hungary (X units), Poland (X units) and Bosnia and Herzegovina (X units) were the main destinations of encased lead pencil exports from Croatia, with a combined 79% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +90.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for encased lead pencil exported from Croatia were Hungary ($X), Poland ($X) and Germany ($X), together comprising 63% of total exports.

Poland, with a CAGR of +92.2%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, surging by 14% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Hungary ($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 Portugal (+25.7%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Croatia

In 2021, approx. X units of pencils and crayons with leads encased in a rigid sheath were imported into Croatia; increasing by 16% on the previous year's figure. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.9% against 2013 indices. The most prominent rate of growth was recorded in 2016 with an increase of 19%. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the immediate term.

In value terms, encased lead pencil imports skyrocketed to $X in 2021. In general, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 25%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Germany (X units), Slovenia (X units) and China (X units) were the main suppliers of encased lead pencil imports to Croatia, with a combined 65% share of total imports.

From 2012 to 2021, the biggest increases were in Slovenia (with a CAGR of +80.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of encased lead pencil to Croatia, comprising 50% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Hungary, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-6.9% per year) and Hungary (+55.5% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, growing by 5% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 22% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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