New Zealand: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in New Zealand

In 2021, the New Zealand encased lead pencil market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Encased lead pencil consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Encased Lead Pencil Exports

Exports from New Zealand

In 2021, after three years of growth, there was significant decline in shipments abroad of pencils and crayons with leads encased in a rigid sheath, when their volume decreased by -31.4% to X units. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 285% against the previous year. As a result, the exports attained the peak of X units, and then declined significantly in the following year.

In value terms, encased lead pencil exports rose significantly to $X in 2021. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 207%. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X units), Australia (X units) and the UK (X units) were the main destinations of encased lead pencil exports from New Zealand, with a combined 90% share of total exports.

From 2012 to 2021, the biggest increases were in the United States (with a CAGR of +85.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Australia ($X) and the UK ($X) appeared to be the largest markets for encased lead pencil exported from New Zealand worldwide, with a combined 90% share of total exports.

The United States, with a CAGR of +99.5%, 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 more modest paces of growth.

Export Prices by Country

The average encased lead pencil export price stood at $X per unit in 2021, with an increase of 63% against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2017 an increase of 65% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably for the major overseas markets. In 2021, the countries with the highest prices were Samoa ($X per unit) and Cook Islands ($X per unit), while the average price for exports to the United States ($X per unit) and Australia ($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 (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into New Zealand

In 2021, purchases abroad of pencils and crayons with leads encased in a rigid sheath increased by 14% to X units, rising for the fourth consecutive year after two years of decline. Overall, total imports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +30.4% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of 49%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of 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 +4.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest encased lead pencil supplier to New Zealand, with a 57% share of total imports. Moreover, encased lead pencil imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), fourfold. Germany (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-1.7% per year) and Germany (+12.1% per year).

In value terms, China ($X) constituted the largest supplier of encased lead pencil to New Zealand, comprising 57% of total imports. The second position in the ranking was held by Indonesia ($X), with a 13% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-1.5% per year) and Germany (+3.0% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, increasing by 8.1% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 11% against the previous year. 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.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Brazil ($X per unit) and the UK ($X per unit), while the price for Germany ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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