Puerto Rico: Drawing Chalk Market 2024

Drawing Chalk Market Size in Puerto Rico

The Puerto Rican drawing chalk market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption showed a noticeable descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Drawing Chalk Production in Puerto Rico

In value terms, drawing chalk production expanded slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a noticeable setback. Puerto Rico production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Drawing Chalk Exports

Exports from Puerto Rico

Drawing chalk exports from Puerto Rico amounted to less than X units in 2021, therefore, remained relatively stable against the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, drawing chalk exports amounted to less than $X in 2021. Over the period under review, exports saw a relatively flat trend pattern.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 58% of total exports in 2021. France (X units) ranks second in terms of the total exports with a 7% share, followed by Indonesia (6.5%). Belgium (X units), South Korea (X units), the United States (X units), Germany (X units), the Netherlands (X units), Vietnam (X units), Mexico (X units) and Thailand (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +3.4% from 2012 to 2021. At the same time, Vietnam (+37.1%), Indonesia (+15.3%), Belgium (+12.2%), the Netherlands (+7.2%), Germany (+6.6%) and France (+4.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of +37.1% from 2012-2021. South Korea and the United States experienced a relatively flat trend pattern. By contrast, Mexico (-4.0%) and Thailand (-5.1%) illustrated a downward trend over the same period. While the share of Indonesia (+4 p.p.), Belgium (+1.7 p.p.) and Vietnam (+1.6 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Mexico (-1.6 p.p.) and Thailand (-1.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest drawing chalk supplier from Puerto Rico, comprising 48% of global exports. The second position in the ranking was held by Germany ($X), with a 5.8% share of global exports. It was followed by France, with a 5.1% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +6.4%. In the other countries, the average annual rates were as follows: Germany (+3.6% per year) and France (+2.1% per year).

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, almost unchanged from the previous year. Over the period under review, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per thousand units), while Belgium ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+6.6%), while the other leaders experienced more modest paces of growth.

Drawing Chalk Imports

Imports into Puerto Rico

In 2021, imports of pastels, drawing charcoals, writing or drawing chalks into Puerto Rico stood at less than X units, stabilizing at 2020 figures. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, drawing chalk imports totaled less than $X in 2021. In general, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The United States represented the major importing country with an import of around X units, which reached 20% of total imports. It was distantly followed by Germany (X units), comprising a 5.2% share of total imports. The following importers - Slovakia (X units), Russia (X units), the Netherlands (X units), the UK (X units), France (X units), Poland (X units), Ghana (X units), Canada (X units), Mexico (X units), Togo (X units) and Cote d'Ivoire (X units) - together made up 28% of total imports.

Imports into the United States increased at an average annual rate of +1.1% from 2012 to 2021. At the same time, Ghana (+36.1%), Slovakia (+31.9%), Togo (+12.1%), Poland (+10.9%), Cote d'Ivoire (+8.2%), Russia (+7.6%), France (+6.8%), the Netherlands (+4.2%), Germany (+2.7%), the UK (+2.1%) and Canada (+1.6%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in the world, with a CAGR of +36.1% from 2012-2021. By contrast, Mexico (-4.6%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Slovakia and Ghana increased by +3.5 and +2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pastels, drawing charcoals, writing or drawing chalks into Puerto Rico, comprising 27% of global imports. The second position in the ranking was taken by Germany ($X), with a 5.5% share of global imports. It was followed by France, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (+5.4% per year) and France (+8.1% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per thousand units in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

Prices varied noticeably country of destination: the country with the highest price was France ($X per thousand units), while Ghana ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Togo (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform