Japan: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Japan

The Japanese encased lead pencil market contracted to $X in 2021, waning by -8.6% against the previous year. Overall, consumption, however, posted a notable increase. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Encased Lead Pencil Production in Japan

In value terms, encased lead pencil production dropped to $X in 2021 estimated in export price. In general, production, however, posted a pronounced expansion. The most prominent rate of growth was recorded in 2017 with an increase of 182% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Encased Lead Pencil Exports

Exports from Japan

In 2021, approx. X units of pencils and crayons with leads encased in a rigid sheath were exported from Japan; growing by 31% compared with the previous year. In general, total exports indicated a buoyant increase from 2012 to 2021: its volume 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. The most prominent rate of growth was recorded in 2018 when exports increased by 34%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, encased lead pencil exports skyrocketed to $X in 2021. Overall, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 27% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

China (X units), the United States (X units) and Hong Kong SAR (X units) were the main destinations of encased lead pencil exports from Japan, together accounting for 61% of total exports. South Korea, Thailand, Indonesia, the Netherlands, Brazil, France, Taiwan (Chinese) and Germany lagged somewhat behind, together comprising a further 29%.

From 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +50.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for encased lead pencil exported from Japan were China ($X), the United States ($X) and Hong Kong SAR ($X), with a combined 56% share of total exports. South Korea, Thailand, Taiwan (Chinese), France, Indonesia, Brazil, the Netherlands and Germany lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, Brazil, with a CAGR of +41.1%, recorded 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 -2.8% against the previous year. Overall, the export price saw a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 14% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Indonesia ($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 France (+6.7%), while the prices for the other major destinations experienced mixed trend patterns.

Encased Lead Pencil Imports

Imports into Japan

In 2021, overseas purchases of pencils and crayons with leads encased in a rigid sheath were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when imports increased by 23%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, encased lead pencil imports stood at $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 22% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Vietnam (X units) and Taiwan (Chinese) (X units) were the main suppliers of encased lead pencil imports to Japan, together accounting for 89% of total imports. These countries were followed by Indonesia, Germany, Italy and South Korea, which together accounted for a further 9.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +52.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest encased lead pencil suppliers to Japan were Vietnam ($X), China ($X) and Germany ($X), with a combined 86% share of total imports. These countries were followed by Taiwan (Chinese), Indonesia, South Korea and Italy, which together accounted for a further 11%.

Among the main suppliers, Italy, with a CAGR of +26.9%, recorded 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, which is down by -1.6% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 7.5%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: 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 South Korea (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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