Puerto Rico: Sliding Pencil Market 2024

Sliding Pencil Market Size in Puerto Rico

After two years of growth, the Puerto Rican sliding pencil market decreased by -0.3% to $X in 2021. Overall, consumption continues to indicate a perceptible descent. Puerto Rico consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Sliding Pencil Production in Puerto Rico

In value terms, sliding pencil production rose modestly to $X in 2021 estimated in export price. In general, production showed a slight shrinkage. The pace of growth appeared the most rapid in 2013 when the production volume increased by 15%. Over the period under review, production attained the peak level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Sliding Pencil Exports

Exports from Puerto Rico

Sliding pencil exports from Puerto Rico amounted to less than X units in 2021, remaining relatively unchanged against the previous year's figure. Overall, exports continue to indicate a relatively flat trend pattern.

In value terms, sliding pencil exports stood at less than $X in 2021. Over the period under review, exports showed a relatively flat trend pattern.

Exports by Country

China represented the largest exporter of propelling or sliding pencils in the world, with the volume of exports accounting for X units, which was approx. 40% of total exports in 2021. France (X units) took the second position in the ranking, followed by the United States (X units), India (X units) and Japan (X units). All these countries together took near 51% share of total exports. The following exporters - Mexico (X units) and Germany (X units) - together made up 4% of total exports.

From 2012 to 2021, average annual rates of growth with regard to sliding pencil exports from China stood at -9.5%. At the same time, India (+12.1%), the United States (+8.5%) and France (+3.0%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +12.1% from 2012-2021. By contrast, Japan (-4.8%), Germany (-17.4%) and Mexico (-20.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, France and India increased by +14, +11 and +5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sliding pencil supplying countries from Puerto Rico were Japan ($X), Mexico ($X) and China ($X), with a combined 59% share of total exports. Germany, France, the United States and India lagged somewhat behind, together accounting for a further 28%.

In terms of the main exporting countries, the United States, with a CAGR of +8.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per thousand units in 2021, remaining constant against the previous year. In general, the export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while India ($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 Mexico (+36.8%), while the other leaders experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Puerto Rico

In 2021, the amount of propelling or sliding pencils imported into Puerto Rico was estimated at less than X units, approximately mirroring 2020. Overall, imports continue to indicate a relatively flat trend pattern.

In value terms, sliding pencil imports amounted to less than $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern.

Imports by Country

The United States prevails in imports structure, accounting for X units, which was near 67% of total imports in 2021. It was distantly followed by France (X units), achieving a 6% share of total imports. The following importers - Slovakia (X units), Turkey (X units), Japan (X units), Mexico (X units) and Brazil (X units) - together made up 9.2% of total imports.

Imports into the United States decreased at an average annual rate of -1.1% from 2012 to 2021. At the same time, France (+14.7%) and Slovakia (+1.7%) displayed positive paces of growth. Moreover, France emerged as the fastest-growing importer imported in the world, with a CAGR of +14.7% from 2012-2021. By contrast, Turkey (-8.8%), Japan (-10.3%), Mexico (-14.5%) and Brazil (-17.9%) illustrated a downward trend over the same period. The United States (+15 p.p.) and France (+4.7 p.p.) significantly strengthened its position in terms of the global imports, while Turkey, Brazil and Mexico saw its share reduced by -1.6%, -2.7% and -3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported propelling or sliding pencils into Puerto Rico, comprising 32% of global imports. The second position in the ranking was held by Mexico ($X), with a 7% share of global imports. It was followed by France, with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at -3.5%. In the other countries, the average annual rates were as follows: Mexico (+5.7% per year) and France (+4.8% per year).

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining relatively unchanged against the previous year. Over the period under review, the import price saw a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per thousand units), while the United States ($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 Mexico (+23.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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