Eastern Europe: Sliding Pencil Market 2024

Sliding Pencil Market Size in Eastern Europe

After two years of growth, the East European sliding pencil market decreased by -10.6% to $X in 2021. In general, consumption saw a noticeable slump. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sliding Pencil Production in Eastern Europe

In value terms, sliding pencil production reduced sharply to $X in 2021 estimated in export price. Over the period under review, production showed a noticeable slump. The pace of growth was the most pronounced in 2020 when the production volume increased by 47%. The level of production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Sliding Pencil Exports

Exports in Eastern Europe

In 2021, shipments abroad of propelling or sliding pencils was finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 42% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, sliding pencil exports surged to $X in 2021. Total exports indicated pronounced growth from 2012 to 2021: its value 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 +68.9% against 2013 indices. The pace of growth was the most pronounced in 2020 when exports increased by 27%. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

The Czech Republic represented the key exporter of propelling or sliding pencils in Eastern Europe, with the volume of exports recording X units, which was near 46% of total exports in 2021. Slovakia (X units) ranks second in terms of the total exports with a 24% share, followed by Poland (10%), Latvia (7.4%) and Russia (6.4%). Belarus (X units) held a little share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Belarus (with a CAGR of +117.0%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), the Czech Republic ($X) and Poland ($X) were the countries with the highest levels of exports in 2021, together accounting for 94% of total exports. These countries were followed by Russia, Latvia and Belarus, which together accounted for a further 3.8%.

Among the main exporting countries, Belarus, with a CAGR of +53.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Europe stood at $X per unit in 2021, approximately mirroring the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 38%. Over the period under review, the export prices hit record highs at $X per unit in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per unit), while Belarus ($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 (+18.6%), while the other leaders experienced mixed trends in the export price figures.

Sliding Pencil Imports

Imports in Eastern Europe

After two years of decline, supplies from abroad of propelling or sliding pencils increased by 15% to X units in 2021. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 15%. The volume of import peaked at X units in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, sliding pencil imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Slovakia was the main importing country with an import of about X units, which accounted for 52% of total imports. Russia (X units) took a 24% share (based on physical terms) of total imports, which put it in second place, followed by the Czech Republic (7.8%). The following importers - Poland (X units), Latvia (X units), Romania (X units) and Hungary (X units) - together made up 11% of total imports.

Imports into Slovakia increased at an average annual rate of +1.7% from 2012 to 2021. At the same time, the Czech Republic (+12.4%), Latvia (+5.9%) and Russia (+1.1%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +12.4% from 2012-2021. By contrast, Poland (-1.4%), Hungary (-1.9%) and Romania (-8.6%) illustrated a downward trend over the same period. The Czech Republic (+4.9 p.p.) and Slovakia (+4.5 p.p.) significantly strengthened its position in terms of the total imports, while Romania saw its share reduced by -3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X), Poland ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2021, with a combined 73% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of +15.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per unit in 2021, picking up by 8.6% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. 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 importing countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while Latvia ($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 (+16.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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