Russian Federation: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in the Russian Federation

The Russian encased lead pencil market rose slightly to $X in 2021, surging by 1.6% against the previous year. In general, consumption recorded a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Encased Lead Pencil Production in the Russian Federation

In value terms, encased lead pencil production stood at $X in 2021 estimated in export price. Overall, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of 82%. As a result, production attained the peak level of $X. From 2018 to 2021, production growth remained at a lower figure.

Encased Lead Pencil Exports

Exports from the Russian Federation

In 2021, encased lead pencil exports from Russia skyrocketed to X units, increasing by 39% on 2020. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 61% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, encased lead pencil exports soared to $X in 2021. Over the period under review, exports posted a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 57% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Belarus (X units), Kazakhstan (X units) and Ukraine (X units) were the main destinations of encased lead pencil exports from Russia, together accounting for 78% of total exports. These countries were followed by Kyrgyzstan, Poland, Latvia, Armenia and Uzbekistan, which together accounted for a further 16%.

From 2012 to 2021, the biggest increases were in Poland (with a CAGR of +319.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for encased lead pencil exported from Russia were Belarus ($X), Kazakhstan ($X) and Ukraine ($X), together comprising 78% of total exports. These countries were followed by Kyrgyzstan, Latvia, Armenia, Poland and Uzbekistan, which together accounted for a further 17%.

Among the main countries of destination, Poland, with a CAGR of +303.8%, recorded the highest growth rate of 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

In 2021, the average encased lead pencil export price amounted to $X per unit, approximately reflecting the previous year. Overall, export price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, encased lead pencil export price decreased by -0.3% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 27% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Uzbekistan ($X per unit), while the average price for exports to Poland ($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 Kyrgyzstan (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into the Russian Federation

Encased lead pencil imports into Russia skyrocketed to X units in 2021, rising by 18% on 2020. In general, total imports indicated tangible growth from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 57%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, encased lead pencil imports surged to $X in 2021. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 49% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X units) was the main supplier of encased lead pencil to Russia, accounting for a 93% share of total imports. It was followed by the Czech Republic (X units), with a 2.5% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-10.3% per year) and France (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of encased lead pencil to Russia, comprising 81% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with an 8.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+12.0% per year) and France (-0.9% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, jumping by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +6.4%. The pace of growth was the most pronounced in 2014 when the average import price increased by 28% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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