New Zealand: Sliding Pencil Market 2024

Sliding Pencil Market Size in New Zealand

In 2021, the New Zealand sliding pencil market increased by 53% to $X, rising for the second year in a row after two years of decline. In general, the total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.8% 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 +83.5% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sliding Pencil Exports

Exports from New Zealand

After two years of decline, overseas shipments of propelling or sliding pencils increased by 574% to X units in 2021. In general, exports, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2018 with an increase of 2,659% against the previous year. As a result, the exports reached the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sliding pencil exports skyrocketed to $X in 2021. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of 1,755%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tonga (X units) was the main destination for sliding pencil exports from New Zealand, accounting for a 89% share of total exports. Moreover, sliding pencil exports to Tonga exceeded the volume sent to the second major destination, Australia (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tonga totaled +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-31.3% per year) and Fiji (-20.6% per year).

In value terms, Tonga ($X) remains the key foreign market for propelling or sliding pencils exports from New Zealand, comprising 76% of total exports. The second position in the ranking was held by Australia ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tonga totaled +45.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (-3.6% per year) and Fiji (-17.0% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, surging by 17% against the previous year. In general, the export price posted significant growth. The growth pace was the most rapid in 2015 an increase of 74% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Tonga ($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 Australia (+40.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into New Zealand

In 2021, purchases abroad of propelling or sliding pencils increased by 7.7% to X units, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2014 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, sliding pencil imports skyrocketed to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% 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 +115.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest sliding pencil supplier to New Zealand, accounting for a 46% share of total imports. Moreover, sliding pencil imports from China exceeded the figures recorded by the second-largest supplier, Mexico (X units), threefold. The third position in this ranking was taken by India (X units), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-2.3% per year) and India (+17.9% per year).

In value terms, China ($X), Thailand ($X) and Germany ($X) appeared to be the largest sliding pencil suppliers to New Zealand, with a combined 61% share of total imports. These countries were followed by Mexico, Switzerland, Japan, India and South Korea, which together accounted for a further 32%.

Switzerland, with a CAGR of +162.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sliding pencil import price stood at $X per unit in 2021, with an increase of 63% against the previous year. In general, the import price enjoyed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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