Italy: Sliding Pencil Market 2024

Sliding Pencil Market Size in Italy

After two years of growth, the Italian sliding pencil market decreased by -11.3% to $X in 2021. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +33.0% against 2018 indices. Sliding pencil consumption peaked at $X in 2020, and then reduced in the following year.

Sliding Pencil Production in Italy

In value terms, sliding pencil production shrank to $X in 2021 estimated in export price. Overall, production, however, posted a resilient expansion. The growth pace was the most rapid in 2013 with an increase of 99% against the previous year. Sliding pencil production peaked at $X in 2020, and then reduced in the following year.

Sliding Pencil Exports

Exports from Italy

In 2021, shipments abroad of propelling or sliding pencils increased by 17% to X units, rising for the third consecutive year after four years of decline. Over the period under review, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2019 with an increase of 89%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, sliding pencil exports expanded rapidly to $X in 2021. Overall, exports recorded perceptible growth. The pace of growth appeared the most rapid in 2019 when exports increased by 170% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units), Germany (X units) and France (X units) were the main destinations of sliding pencil exports from Italy, together accounting for 56% of total exports. These countries were followed by the United States, Norway, the Czech Republic, Sweden, China, the United Arab Emirates and Romania, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +46.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sliding pencil exported from Italy were France ($X), Germany ($X) and Spain ($X), with a combined 62% share of total exports. These countries were followed by the Czech Republic, Norway, the United States, China, Sweden, Romania and the United Arab Emirates, which together accounted for a further 30%.

The Czech Republic, with a CAGR of +47.1%, saw the highest rates of growth with regard to 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 sliding pencil export price stood at $X per unit in 2021, dropping by -3.6% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The growth pace was the most rapid in 2016 an increase of 115%. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+55.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Italy

In 2021, the amount of propelling or sliding pencils imported into Italy skyrocketed to X units, growing by 54% on 2020. Overall, imports, however, saw a pronounced setback. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a pronounced decline. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of sliding pencil to Italy, accounting for a 42% share of total imports. Moreover, sliding pencil imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Slovakia (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.0% per year) and Slovakia (-3.3% per year).

In value terms, Germany ($X) constituted the largest supplier of propelling or sliding pencils to Italy, comprising 39% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at -4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-4.6% per year) and Belgium (+41.0% per year).

Import Prices by Country

The average sliding pencil import price stood at $X per unit in 2021, with a decrease of -9.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 37%. Over the period under review, average import prices hit record highs at $X per unit in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+40.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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