South-Eastern Asia: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in South-Eastern Asia

The Southeast Asian encased lead pencil market totaled $X in 2021, growing by 3.9% against the previous year. Over the period under review, consumption recorded a resilient 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 South-Eastern Asia

In value terms, encased lead pencil production reached $X in 2021 estimated in export price. In general, production continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 116% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.

Encased Lead Pencil Exports

Exports in South-Eastern Asia

In 2021, shipments abroad of pencils and crayons with leads encased in a rigid sheath decreased by -8.4% to X units, falling for the fifth consecutive year after three years of growth. Overall, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by 19%. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, encased lead pencil exports fell to $X in 2021. Over the period under review, exports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 26%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Vietnam (X units) and Indonesia (X units) represented roughly 79% of total exports in 2021. It was distantly followed by Thailand (X units), committing a 13% share of total exports. The Philippines (X units), Singapore (X units) and Malaysia (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Philippines (with a CAGR of +27.5%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest encased lead pencil supplying countries in South-Eastern Asia were Vietnam ($X), Indonesia ($X) and Thailand ($X), with a combined 94% share of total exports. These countries were followed by Singapore, the Philippines and Malaysia, which together accounted for a further 5.3%.

Among the main exporting countries, the Philippines, with a CAGR of +27.4%, saw 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 South-Eastern Asia stood at $X per unit in 2021, falling by -6.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2019 when the export price increased by 9.3% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per unit), while Malaysia ($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 (+4.5%), while the other leaders experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports in South-Eastern Asia

In 2021, purchases abroad of pencils and crayons with leads encased in a rigid sheath increased by 5.6% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a slight downturn. The pace of growth was the most pronounced in 2014 when imports increased by 16% against the previous year. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, encased lead pencil imports reached $X in 2021. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 13% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Thailand (X units), Malaysia (X units), Indonesia (X units) and Vietnam (X units) represented the main importer of pencils and crayons with leads encased in a rigid sheath in South-Eastern Asia, mixing up 86% of total import. It was distantly followed by the Philippines (X units), creating a 9.9% share of total imports. Singapore (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Vietnam (with a CAGR of +11.9%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest encased lead pencil importing markets in South-Eastern Asia were Thailand ($X), Vietnam ($X) and Malaysia ($X), together comprising 75% of total imports.

Vietnam, with a CAGR of +16.4%, recorded the highest growth rate of the value of imports, among 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

In 2021, the import price in South-Eastern Asia amounted to $X per unit, shrinking by -5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2018 an increase of 15%. The level of import peaked at $X per unit in 2020, and then contracted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Singapore ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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