Report Update Nov 1, 2024

Philippines - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in the Philippines

The Philippine coloured pencil lead market plummeted to $X in 2021, reducing by -18.7% against the previous year. Over the period under review, consumption showed a sharp contraction. The most prominent rate of growth was recorded in 2013 when the market value decreased by -17.5% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Coloured Pencil Lead Production in the Philippines

In value terms, coloured pencil lead production fell rapidly to $X in 2021 estimated in export price. In general, production, however, recorded a mild contraction. The pace of growth appeared the most rapid in 2015 with an increase of 251%. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Coloured Pencil Lead Exports

Exports from the Philippines

In 2021, shipments abroad of black or coloured pencil leads increased by 18% to X units, rising for the second year in a row after two years of decline. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,788,112%. Over the period under review, the exports reached the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, coloured pencil lead exports skyrocketed to $X in 2021. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,845,823%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for coloured pencil lead exports from the Philippines, accounting for a 70% share of total exports. Moreover, coloured pencil lead exports to the United States exceeded the volume sent to the second major destination, Vietnam (X units), fivefold. Mexico (X units) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2021, the average annual growth rate of volume to the United States stood at +12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (0.0% per year) and Mexico (-11.3% per year).

In value terms, the United States ($X) remains the key foreign market for black or coloured pencil leads exports from the Philippines, comprising 66% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 20% share of total exports. It was followed by Mexico, with a 5.8% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (0.0% per year) and Mexico (-7.6% per year).

Export Prices by Country

The average coloured pencil lead export price stood at $X per unit in 2021, with an increase of 18% against the previous year. Over the last nine years, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Mexico ($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 Mexico (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into the Philippines

In 2021, supplies from abroad of black or coloured pencil leads increased by 11% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of 262%. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, coloured pencil lead imports fell dramatically to $X in 2021. In general, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 77% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of coloured pencil lead to the Philippines, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China stood at +5.4%.

In value terms, China ($X) constituted the largest supplier of black or coloured pencil leads to the Philippines.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -1.4%.

Import Prices by Country

The average coloured pencil lead import price stood at $X per unit in 2021, falling by -71.4% against the previous year. Overall, the import price faced a deep slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 131%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to -6.4% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for black or coloured pencil leads in the world?

The country with the largest volume of coloured pencil lead consumption was China, accounting for 33% of total volume. Moreover, coloured pencil lead consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 14% share.

What are the largest producers of black or coloured pencil leads in the world?

China remains the largest coloured pencil lead producing country worldwide, accounting for 33% of total volume. Moreover, coloured pencil lead production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. India ranked third in terms of total production with a 14% share.

What are the leading suppliers of black or coloured pencil leads to the Philippines?

In value terms, Thailand constituted the largest supplier of coloured pencil lead to the Philippines, comprising 49% of total imports. The second position in the ranking was occupied by China, with a 17% share of total imports.

What are the leading importers of black or coloured pencil leads from the Philippines?

In value terms, the United States remains the key foreign market for coloured pencil lead exports from the Philippines, comprising 66% of total exports. The second position in the ranking was occupied by Vietnam, with a 20% share of total exports. It was followed by Mexico, with a 5.8% share.

What is the average export price for black or coloured pencil leads in the Philippines?

The average coloured pencil lead export price stood at $7.2 per unit in 2021, jumping by 18% against the previous year.

What is the average import price for black or coloured pencil leads in the Philippines?

The average coloured pencil lead import price stood at $3.1 per unit in 2021, falling by -54.3% against the previous year.

This report provides an in-depth analysis of the coloured pencil lead market in the Philippines. 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 32991530 - Black or coloured pencil leads

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023