India: Coloured Pencil Lead Market 2025

Coloured Pencil Lead Market Size in India

In 2021, the Indian coloured pencil lead market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, showed a pronounced contraction. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Coloured Pencil Lead Exports

Exports from India

In 2021, overseas shipments of black or coloured pencil leads decreased by -39.6% to X units, falling for the second consecutive year after three years of growth. In general, exports showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 with an increase of 222%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, coloured pencil lead exports shrank markedly to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 with an increase of 167% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Brazil (X units), Saudi Arabia (X units) and Chad (X units) were the main destinations of coloured pencil lead exports from India, together accounting for 32% of total exports. These countries were followed by Maldives, Iran, the Netherlands, the United States, the United Arab Emirates, the Philippines, Zimbabwe, Botswana, Denmark and Nepal, which together accounted for a further 42%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Zimbabwe (with a CAGR of +120.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), the Philippines ($X) and Saudi Arabia ($X) constituted the largest markets for coloured pencil lead exported from India worldwide, with a combined 39% share of total exports. Brazil, Maldives, the United Arab Emirates, Iran, Botswana, Chad, the Netherlands, Nepal, Zimbabwe and Denmark lagged somewhat behind, together comprising a further 28%.

Zimbabwe, with a CAGR of +74.4%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coloured pencil lead export price stood at $X per unit in 2021, reducing by -12% against the previous year. In general, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, coloured pencil lead export price increased by +53.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 74% against the previous year. As a result, the export price attained the peak level of $X per unit, and then fell in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Denmark ($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 United States (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into India

In 2021, coloured pencil lead imports into India skyrocketed to X units, jumping by 48% against the previous year. Over the period under review, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2014 when imports increased by 72% against the previous year. Over the period under review, imports reached the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, coloured pencil lead imports soared to $X in 2021. Overall, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 with an increase of 70% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of coloured pencil lead to India, accounting for a approx. 96% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of black or coloured pencil leads to India.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at -3.4%.

Import Prices by Country

In 2021, the average coloured pencil lead import price amounted to $X per unit, declining by -4.3% against the previous year. In general, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2020 an increase of 40%. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -3.1% per year.

Source: IndexBox Platform

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