Report Update Nov 1, 2024

Ecuador - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Ecuador

For the third consecutive year, the Ecuadorian coloured pencil lead market recorded decline in sales value, which decreased by -72.9% to $X in 2021. In general, consumption showed a precipitous descent. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Coloured Pencil Lead Exports

Exports from Ecuador

After three years of growth, shipments abroad of black or coloured pencil leads decreased by -30.8% to X units in 2021. Over the period under review, exports, however, showed a strong increase. The pace of growth appeared the most rapid in 2016 when exports increased by 750%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, coloured pencil lead exports reduced rapidly to $X in 2021. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 1,100%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for coloured pencil lead exports from Ecuador, accounting for a 89% share of total exports. Moreover, coloured pencil lead exports to Canada exceeded the volume sent to the second major destination, Panama (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +8.0%.

In value terms, Canada ($X) also remains the key foreign market for black or coloured pencil leads exports from Ecuador.

From 2012 to 2021, the average annual growth rate of value to Canada totaled -17.3%.

Export Prices by Country

The average coloured pencil lead export price stood at $X per unit in 2021, reducing by -35.3% against the previous year. Overall, the export price recorded a sharp descent. The growth pace was the most rapid in 2016 when the average export price increased by 60%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 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 Canada ($X per unit), while the average price for exports to Panama totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-24.7%).

Coloured Pencil Lead Imports

Imports into Ecuador

In 2021, coloured pencil lead imports into Ecuador dropped rapidly to X units, declining by -75.3% compared with the year before. In general, imports recorded a dramatic setback. The pace of growth appeared the most rapid in 2016 with an increase of 140%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, coloured pencil lead imports reduced rapidly to $X in 2021. Overall, imports faced a sharp reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 95%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Brazil (X units) and South Korea (X units) were the main suppliers of coloured pencil lead imports to Ecuador, together accounting for 56% of total imports. France, India, Taiwan (Chinese), Peru, Germany, Colombia, Panama, the United States and Chile lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +38.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and Brazil ($X) appeared to be the largest coloured pencil lead suppliers to Ecuador, together accounting for 58% of total imports. These countries were followed by France, Panama, Germany, India, Peru, Taiwan (Chinese), the United States, Colombia and Chile, which together accounted for a further 31%.

India, with a CAGR of +27.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average coloured pencil lead import price amounted to $X per unit, increasing by 17% against the previous year. Overall, the import price saw noticeable growth. The growth pace was the most rapid in 2020 an increase of 93%. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for black or coloured pencil leads in the world?

China constituted the country with the largest volume of coloured pencil lead consumption, accounting for 33% of total volume. Moreover, coloured pencil lead consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 14% share.

What are the largest producers of black or coloured pencil leads in the world?

China remains the largest coloured pencil lead producing country worldwide, accounting for 33% of total volume. Moreover, coloured pencil lead production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 14% share.

What are the leading suppliers of black or coloured pencil leads to Ecuador?

In value terms, the largest coloured pencil lead suppliers to Ecuador were Brazil, China and South Korea, with a combined 85% share of total imports. France, India and Mexico lagged somewhat behind, together comprising a further 7.5%.

What are the leading importers of black or coloured pencil leads from Ecuador?

In value terms, Canada $4) remains the key foreign market for coloured pencil lead exports from Ecuador.

What is the average export price for black or coloured pencil leads in Ecuador?

In 2021, the average coloured pencil lead export price amounted to $0.5 per unit, reducing by -16.5% against the previous year.

What is the average import price for black or coloured pencil leads in Ecuador?

The average coloured pencil lead import price stood at $13 per unit in 2021, surging by 16% against the previous year.

This report provides an in-depth analysis of the coloured pencil lead market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32991530 - Black or coloured pencil leads

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023