Greece: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Greece

The Greek encased lead pencil market surged to $X in 2021, rising by 21% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -20.4% against 2019 indices. Encased lead pencil consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Encased Lead Pencil Exports

Exports from Greece

Encased lead pencil exports from Greece soared to X units in 2021, with an increase of 37% compared with the year before. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs 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. Overall, total exports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Poland (X units), Bulgaria (X units) and Italy (X units) were the main destinations of encased lead pencil exports from Greece, together accounting for 55% of total exports. Romania, Cyprus, Hungary, North Macedonia, Spain and the UK lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were in Romania (with a CAGR of +15.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for encased lead pencil exports from Greece, comprising 25% of total exports. The second position in the ranking was taken by Poland ($X), with a 12% share of total exports. It was followed by Romania, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy amounted to +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-10.1% per year) and Romania (+17.2% per year).

Export Prices by Country

The average encased lead pencil export price stood at $X per unit in 2021, surging by 29% against the previous year. Over the period under review, the export price recorded a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 62%. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the UK (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Greece

In 2021, the amount of pencils and crayons with leads encased in a rigid sheath imported into Greece surged to X units, increasing by 17% compared with the year before. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.7% 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 decreased by -31.3% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 44% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, encased lead pencil imports surged to $X in 2021. In general, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.1% 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 decreased by -16.0% against 2019 indices. The pace of growth appeared the most rapid in 2016 when imports increased by 74%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of encased lead pencil imports to Greece, together accounting for 80% of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +10.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest encased lead pencil suppliers to Greece were Germany ($X), China ($X) and France ($X), together comprising 81% of total imports.

Among the main suppliers, France, with a CAGR of +19.1%, 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, picking up by 5% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2016 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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