New Zealand: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in New Zealand

In 2021, the New Zealand coloured pencil lead market increased by 33% to $X, rising for the second consecutive year after four years of decline. Overall, the total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.3% 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 +107.1% against 2019 indices. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the near future.

Coloured Pencil Lead Exports

Exports from New Zealand

Coloured pencil lead exports from New Zealand amounted to X units in 2021, therefore, remained relatively stable against the previous year. Overall, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 1,067%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, coloured pencil lead exports reduced to $X in 2021. Over the period under review, exports faced a abrupt decrease. The growth pace was the most rapid in 2019 when exports increased by 765%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Cook Islands (X units), Fiji (X units) and Tonga (X units) were the main destinations of coloured pencil lead exports from New Zealand, together accounting for 89% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tonga (with a CAGR of -10.9%), while the other leaders experienced a decline.

In value terms, Cook Islands ($X), Fiji ($X) and Tonga ($X) appeared to be the largest markets for coloured pencil lead exported from New Zealand worldwide, with a combined 91% share of total exports.

Fiji, with a CAGR of -3.5%, saw 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 a decline.

Export Prices by Country

In 2021, the average coloured pencil lead export price amounted to $X per unit, reducing by -15% against the previous year. Overall, the export price, however, saw a prominent increase. The pace of growth was the most pronounced in 2017 an increase of 161%. The export price peaked at $X per unit in 2020, and then reduced in the following year.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Australia ($X per unit) and Fiji ($X per unit), while the average price for exports to Tonga ($X per unit) and Cook Islands ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into New Zealand

In 2021, overseas purchases of black or coloured pencil leads increased by 56% to X units, rising for the second year in a row after four years of decline. Overall, imports enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 56%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, coloured pencil lead imports surged to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X units) constituted the largest coloured pencil lead supplier to New Zealand, accounting for a 61% share of total imports. Moreover, coloured pencil lead imports from Thailand exceeded the figures recorded by the second-largest supplier, Japan (X units), fourfold. China (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand totaled +93.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-6.2% per year) and China (+7.7% per year).

In value terms, the largest coloured pencil lead suppliers to New Zealand were Thailand ($X), Germany ($X) and China ($X), together accounting for 71% of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +102.4%, 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

The average coloured pencil lead import price stood at $X per unit in 2021, shrinking by -20.8% against the previous year. Overall, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 23%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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