Egypt: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Egypt

In 2021, after two years of growth, there was significant decline in the Egyptian encased lead pencil market, when its value decreased by -6.9% to $X. Overall, consumption showed perceptible growth. Encased lead pencil consumption peaked at $X in 2020, and then dropped in the following year.

Encased Lead Pencil Production in Egypt

In value terms, encased lead pencil production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced increase. The most prominent rate of growth was recorded in 2017 with an increase of 125% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then dropped in the following year.

Encased Lead Pencil Exports

Exports from Egypt

After two years of decline, shipments abroad of pencils and crayons with leads encased in a rigid sheath increased by 346% to X units in 2021. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 693% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, encased lead pencil exports surged to $X in 2021. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 662% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X units) was the main destination for encased lead pencil exports from Egypt, with a 73% share of total exports. Moreover, encased lead pencil exports to Turkey exceeded the volume sent to the second major destination, Brazil (X units), threefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Turkey stood at +269.3%.

In value terms, Turkey ($X) remains the key foreign market for encased lead pencil exports from Egypt, comprising 76% of total exports. The second position in the ranking was taken by Brazil ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey totaled +199.2%.

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, with an increase of 27% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 124%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Turkey ($X per unit), while the average price for exports to Brazil amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+0.6%).

Encased Lead Pencil Imports

Imports into Egypt

In 2021, overseas purchases of pencils and crayons with leads encased in a rigid sheath decreased by -37.9% to X units, falling for the third consecutive year after two years of growth. Overall, imports saw a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of 56% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, encased lead pencil imports fell dramatically to $X in 2021. In general, imports showed a deep slump. The pace of growth appeared the most rapid in 2018 when imports increased by 42%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest encased lead pencil supplier to Egypt, accounting for a 35% share of total imports. Moreover, encased lead pencil imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), twofold. India (X units) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-4.7% per year) and India (-12.2% per year).

In value terms, Turkey ($X) constituted the largest supplier of encased lead pencil to Egypt, comprising 34% of total imports. The second position in the ranking was taken by China ($X), with a 10% share of total imports. It was followed by India, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+1.9% per year) and India (-22.5% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, leveling off at the previous year. Over the period under review, import price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, encased lead pencil import price increased by +37.5% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 30%. Over the period under review, average import prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Pakistan ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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