Israel: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Israel

The Israeli encased lead pencil market soared to $X in 2021, rising by 16% 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). The market value increased at an average annual rate of +5.4% over the period 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 attained the peak level in 2021 and is likely to continue growth in the immediate term.

Encased Lead Pencil Exports

Exports from Israel

In 2021, shipments abroad of pencils and crayons with leads encased in a rigid sheath decreased by -97.8% to X units, falling for the second consecutive year after three years of growth. Over the period under review, exports faced a dramatic downturn. The growth pace was the most rapid in 2017 when exports increased by 2,203% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, encased lead pencil exports contracted dramatically to $X in 2021. In general, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2017 when exports increased by 3,377%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Palestine (X units) was the main destination for encased lead pencil exports from Israel, with a 89% share of total exports. It was followed by Germany (X units), with a 2.2% share of total exports. Spain (X units) ranked third in terms of total exports with a 2.2% share.

From 2012 to 2021, the average annual growth rate of volume to Palestine amounted to +39.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (0.0% per year) and Spain (-21.6% per year).

In value terms, Palestine ($X) remains the key foreign market for encased lead pencil exports from Israel, comprising 78% of total exports. The second position in the ranking was held by Germany ($X), with a 12% share of total exports. It was followed by Spain, with a 3.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Palestine amounted to +40.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+3.4% per year) and Spain (-27.6% per year).

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, with an increase of 7.2% against the previous year. Over the period under review, the export price enjoyed prominent growth. The most prominent rate of growth was recorded in 2016 an increase of 111% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Ukraine ($X per unit), while the average price for exports to Angola ($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 Ukraine (+283.1%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Israel

In 2021, purchases abroad of pencils and crayons with leads encased in a rigid sheath increased by 12% to X units, rising for the second consecutive year after three years of decline. The total import volume increased at an average annual rate of +3.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2013 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, encased lead pencil imports soared to $X in 2021. The total import value increased at an average annual rate of +5.4% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest encased lead pencil supplier to Israel, accounting for a 63% share of total imports. Moreover, encased lead pencil imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. Thailand (X units) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.2% per year) and Thailand (+12.3% per year).

In value terms, China ($X) constituted the largest supplier of encased lead pencil to Israel, comprising 63% of total imports. The second position in the ranking was held by Germany ($X), with a 12% share of total imports. It was followed by Thailand, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +5.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.3% per year) and Thailand (+14.7% per year).

Import Prices by Country

In 2021, the average encased lead pencil import price amounted to $X per unit, rising by 2.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2018 an increase of 9.4% against the previous year. As a result, import price reached the peak level of $X per unit; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major supplying countries. In 2021, the highest price was recorded for prices from the Netherlands ($X per unit) and Hong Kong SAR ($X per unit), while the price for Italy ($X per unit) and Thailand ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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