Eastern Europe: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Eastern Europe

The East European coloured pencil lead market soared to $X in 2021, with an increase of 20% against the previous year. The total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +29.5% against 2019 indices. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Coloured Pencil Lead Production in Eastern Europe

In value terms, coloured pencil lead production reduced modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2017 with an increase of 29%. The level of production peaked at $X in 2020, and then shrank modestly in the following year.

Coloured Pencil Lead Exports

Exports in Eastern Europe

After three years of growth, shipments abroad of black or coloured pencil leads decreased by -2.9% to X units in 2021. Total exports indicated a measured increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +76.3% against 2017 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 56% against the previous year. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, coloured pencil lead exports skyrocketed to $X in 2021. Overall, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 when exports increased by 61%. The level of export peaked in 2021 and is likely to continue growth in the near future.

Exports by Country

The Czech Republic represented the key exporting country with an export of around X units, which reached 46% of total exports. It was distantly followed by Poland (X units), Slovakia (X units) and Hungary (X units), together comprising a 48% share of total exports. Russia (X units) held a relatively small share of total exports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +53.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Slovakia ($X) were the countries with the highest levels of exports in 2021, with a combined 97% share of total exports.

Poland, with a CAGR of +80.8%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per unit, growing by 23% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +6.2%. The pace of growth appeared the most rapid in 2013 an increase of 27% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+17.6%), while the other leaders experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports in Eastern Europe

In 2021, purchases abroad of black or coloured pencil leads increased by 25% to X units, rising for the third year in a row after two years of decline. In general, imports saw a pronounced expansion. The pace of growth was the most pronounced in 2016 when imports increased by 202%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, coloured pencil lead imports surged to $X in 2021. Overall, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when imports increased by 208% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Russia (X units) and Poland (X units) represented the main importers of black or coloured pencil leads in 2021, finishing at near 33% and 30% of total imports, respectively. It was distantly followed by Romania (X units), Slovakia (X units) and the Czech Republic (X units), together achieving a 29% share of total imports. The following importers - Hungary (X units) and Latvia (X units) - together made up 4.8% of total imports.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +31.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constitutes the largest market for imported black or coloured pencil leads in Eastern Europe, comprising 38% of total imports. The second position in the ranking was taken by Russia ($X), with a 19% share of total imports. It was followed by the Czech Republic, with a 12% share.

In Poland, coloured pencil lead imports expanded at an average annual rate of +29.2% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Russia (+0.6% per year) and the Czech Republic (+6.0% per year).

Import Prices by Country

The import price in Eastern Europe 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 +4.0%. The growth pace was the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while Russia ($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 Czech Republic (+20.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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