Report Update Nov 1, 2024

Philippines - Propelling or Sliding Pencils - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Sliding Pencil Market 2024

Sliding Pencil Market Size in the Philippines

The Philippine sliding pencil market declined rapidly to $X in 2021, reducing by -92.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption faced a dramatic slump. Sliding pencil consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Sliding Pencil Exports

Exports from the Philippines

In 2021, shipments abroad of propelling or sliding pencils increased by 30,309% to X units for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sliding pencil exports surged to $X in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Hong Kong SAR (X units) was the main destination for sliding pencil exports from the Philippines, with a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hong Kong SAR totaled +35.3%.

In value terms, Hong Kong SAR ($X) also remains the key foreign market for propelling or sliding pencils exports from the Philippines.

From 2012 to 2021, the average annual growth rate of value to Hong Kong SAR totaled +50.3%.

Export Prices by Country

In 2021, the average sliding pencil export price amounted to $X per unit, surging by 20% against the previous year. In general, export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +11.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sliding pencil export price increased by +95.9% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 75%. The export price peaked in 2021 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to +11.1% per year.

Sliding Pencil Imports

Imports into the Philippines

For the third year in a row, the Philippines recorded decline in supplies from abroad of propelling or sliding pencils, which decreased by -89% to X units in 2021. Over the period under review, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 203%. Imports peaked at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports contracted rapidly to $X in 2021. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 230% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Thailand (X units), China (X units) and Vietnam (X units) were the main suppliers of sliding pencil imports to the Philippines, with a combined 75% share of total imports. These countries were followed by India, Japan, Malaysia, Hong Kong SAR, Germany, South Korea and Taiwan (Chinese), which together accounted for a further 23%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +3.2%), while purchases for the other leaders experienced a decline.

In value terms, Thailand ($X), Japan ($X) and Vietnam ($X) appeared to be the largest sliding pencil suppliers to the Philippines, with a combined 58% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +18.2%, saw the highest growth rate of 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

In 2021, the average sliding pencil import price amounted to $X per unit, increasing by 34% against the previous year. In general, the import price, however, continues to indicate a pronounced contraction. The growth pace was the most rapid in 2018 an increase of 45% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propelling or sliding pencils in the world?

The countries with the highest volumes of sliding pencil consumption in 2020 were China, the United States and France, with a combined 51% share of global consumption.

What are the largest producers of propelling or sliding pencils in the world?

China remains the largest sliding pencil producing country worldwide, comprising approx. 44% of total volume. Moreover, sliding pencil production in China exceeded the figures recorded by the second-largest producer, France, fourfold. India ranked third in terms of total production with a 7.8% share.

What are the leading suppliers of propelling or sliding pencils to the Philippines?

In value terms, China constituted the largest supplier of sliding pencil to the Philippines, comprising 58% of total imports. The second position in the ranking was occupied by Japan, with a 22% share of total imports. It was followed by Hong Kong SAR, with an 11% share.

What are the leading importers of propelling or sliding pencils from the Philippines?

In value terms, New Zealand $94) emerged as the key foreign market for sliding pencil exports from the Philippines, comprising 87% of total exports. The second position in the ranking was occupied by South Korea $12), with an 11% share of total exports.

What is the average export price for propelling or sliding pencils in the Philippines?

The average sliding pencil export price stood at $4.3 per unit in 2020, growing by 579% against the previous year.

What is the average import price for propelling or sliding pencils in the Philippines?

The average sliding pencil import price stood at $0.3 per unit in 2020, surging by 33% against the previous year.

This report provides an in-depth analysis of the sliding pencil 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 32991250 - Propelling or sliding pencils

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