Finland: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Finland

In 2021, the Finnish encased lead pencil market increased by 16% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the near future.

Encased Lead Pencil Exports

Exports from Finland

After three years of decline, shipments abroad of pencils and crayons with leads encased in a rigid sheath increased by 74% to X units in 2021. Overall, exports posted a perceptible expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 78% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, encased lead pencil exports soared to $X in 2021. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 61% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Estonia (X units) and Sweden (X units) were the main destinations of encased lead pencil exports from Finland, together comprising 89% of total exports.

From 2012 to 2021, the biggest increases were in Norway (with a CAGR of +104.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Sweden ($X) and Norway ($X) appeared to be the largest markets for encased lead pencil exported from Finland worldwide, with a combined 84% share of total exports.

Among the main countries of destination, Norway, with a CAGR of +100.8%, 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 average encased lead pencil export price stood at $X per unit in 2021, shrinking by -9.1% against the previous year. Overall, export price indicated a measured increase from 2012 to 2021: its price 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, encased lead pencil export price increased by +59.7% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 48% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania ($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 Estonia (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Finland

For the fourth consecutive year, Finland recorded growth in supplies from abroad of pencils and crayons with leads encased in a rigid sheath, which increased by 24% to X units in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +83.9% against 2017 indices. The pace of growth was the most pronounced in 2020 with an increase of 24%. Imports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, encased lead pencil imports expanded rapidly to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 16%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

Sweden (X units), China (X units) and Denmark (X units) were the main suppliers of encased lead pencil imports to Finland, together accounting for 67% of total imports.

From 2012 to 2021, the biggest increases were in Sweden (with a CAGR of +21.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and China ($X) appeared to be the largest encased lead pencil suppliers to Finland, with a combined 57% share of total imports.

Among the main suppliers, Sweden, with a CAGR of +13.8%, saw the highest rates of growth with regard to 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

In 2021, the average encased lead pencil import price amounted to $X per unit, dropping by -7.4% against the previous year. Over the period under review, the import price continues to indicate a pronounced setback. The growth pace was the most rapid in 2017 when the average import price increased by 13% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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