South-Eastern Asia: Drawing Chalk Market 2024

Drawing Chalk Market Size in South-Eastern Asia

In 2021, after two years of growth, there was significant decline in the Southeast Asian drawing chalk market, when its value decreased by -17.9% to $X. Overall, consumption recorded a noticeable downturn. The most prominent rate of growth was recorded in 2016 when the market value increased by 6% against the previous year. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.

Drawing Chalk Production in South-Eastern Asia

In value terms, drawing chalk production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.5% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by 21%. As a result, production reached the peak level of $X, and then fell in the following year.

Drawing Chalk Exports

Exports in South-Eastern Asia

In 2021, overseas shipments of pastels, drawing charcoals, writing or drawing chalks increased by 66% to X units for the first time since 2018, thus ending a two-year declining trend. Total exports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, drawing chalk exports surged to $X in 2021. Total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Indonesia represented the main exporting country with an export of around X units, which resulted at 65% of total exports. Vietnam (X units) held the second position in the ranking, followed by Thailand (X units). All these countries together took approx. 34% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to drawing chalk exports from Indonesia stood at +15.3%. At the same time, Vietnam (+37.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +37.1% from 2012-2021. By contrast, Thailand (-5.1%) illustrated a downward trend over the same period. While the share of Indonesia (+30 p.p.) and Vietnam (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Thailand (-34.3 p.p.) displayed negative dynamics.

In value terms, Indonesia ($X), Vietnam ($X) and Thailand ($X) constituted the countries with the highest levels of exports in 2021, with a combined 99% share of total exports.

Vietnam, with a CAGR of +34.7%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in South-Eastern Asia amounted to $X per unit, reducing by -17.3% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2014 when the export price increased by 15%. Over the period under review, the export prices reached the peak figure at $X per unit in 2020, and then dropped markedly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per unit), while Indonesia ($X per unit) 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 a decline in the export price figures.

Drawing Chalk Imports

Imports in South-Eastern Asia

In 2021, overseas purchases of pastels, drawing charcoals, writing or drawing chalks decreased by -4% to X units, falling for the fourth year in a row after three years of growth. Over the period under review, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 46%. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, drawing chalk imports expanded remarkably to $X in 2021. In general, imports, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2015 with an increase of 40% against the previous year. The level of import peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Indonesia was the key importing country with an import of about X units, which reached 42% of total imports. Vietnam (X units) ranks second in terms of the total imports with a 16% share, followed by Thailand (11%), the Philippines (11%), Malaysia (9.2%) and Singapore (7.1%).

Indonesia experienced a relatively flat trend pattern with regard to volume of imports of pastels, drawing charcoals, writing or drawing chalks. At the same time, Vietnam (+14.1%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +14.1% from 2012-2021. Thailand experienced a relatively flat trend pattern. By contrast, the Philippines (-2.0%), Singapore (-6.9%) and Malaysia (-13.0%) illustrated a downward trend over the same period. Vietnam (+12 p.p.), Indonesia (+8.8 p.p.) and Thailand (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Singapore and Malaysia saw its share reduced by -4% and -17.4% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X), Vietnam ($X) and Singapore ($X) were the countries with the highest levels of imports in 2021, together comprising 72% of total imports.

Vietnam, with a CAGR of +22.1%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2021, with an increase of 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.5%. The pace of growth was the most pronounced in 2015 an increase of 18%. The level of import peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Vietnam ($X per unit), while the Philippines ($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 Philippines (+8.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform