Mexico - Pencils and Crayons With Leads Encased in A Rigid Sheath - Market Analysis, Forecast, Size, Trends and Insights
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View PricingMexico: Encased Lead Pencil Market 2024
Encased Lead Pencil Market Size in Mexico
The Mexican encased lead pencil market amounted to $X in 2021, remaining relatively unchanged against the previous year. Overall, consumption recorded a strong increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Encased Lead Pencil Production in Mexico
In value terms, encased lead pencil production totaled $X in 2021 estimated in export price. Overall, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of 84% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; afterwards, it flattened through to 2021.
Encased Lead Pencil Exports
Exports from Mexico
In 2021, overseas shipments of pencils and crayons with leads encased in a rigid sheath increased by 69% to X units, rising for the third consecutive year after two years of decline. In general, exports showed a noticeable increase. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
In value terms, encased lead pencil exports shrank to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when exports increased by 70% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
The United States (X units) was the main destination for encased lead pencil exports from Mexico, accounting for a approx. 97% share of total exports.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +3.4%.
In value terms, the United States ($X) also remains the key foreign market for encased lead pencil exports from Mexico.
From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.
Export Prices by Country
The average encased lead pencil export price stood at $X per unit in 2021, with a decrease of -48.5% against the previous year. Over the period under review, the export price showed a pronounced decrease. The growth pace was the most rapid in 2018 when the average export price increased by 33% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to -3.8% per year.
Encased Lead Pencil Imports
Imports into Mexico
In 2021, encased lead pencil imports into Mexico reduced dramatically to X units, declining by -59.4% compared with 2020. Overall, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 108% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
In value terms, encased lead pencil imports contracted sharply to $X in 2021. In general, imports showed a deep slump. The most prominent rate of growth was recorded in 2016 when imports increased by 111% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.
Imports by Country
China (X units), Vietnam (X units) and Thailand (X units) were the main suppliers of encased lead pencil imports to Mexico, together accounting for 57% of total imports. The United States, India, France, the United Arab Emirates, Indonesia, Taiwan (Chinese), Germany and the Czech Republic lagged somewhat behind, together accounting for a further 38%.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +16.0%), while imports for the other leaders experienced a decline.
In value terms, China ($X), Vietnam ($X) and Thailand ($X) were the largest encased lead pencil suppliers to Mexico, together accounting for 58% of total imports. The United States, India, France, Indonesia, Taiwan (Chinese), Germany, the United Arab Emirates and the Czech Republic lagged somewhat behind, together accounting for a further 36%.
In terms of the main suppliers, India, with a CAGR of +18.1%, 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 a decline.
Import Prices by Country
The average encased lead pencil import price stood at $X per unit in 2021, picking up by 2.6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 8.5%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in the immediate term.
Prices varied noticeably country of origin: the country with the highest price was Thailand ($X per unit), while the price for 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 attained by Brazil (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the encased lead pencil market in Mexico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32991510 - Pencils and crayons with leads encased in a rigid sheath (excluding pencils for medicinal, cosmetic or toilet uses)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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