South-Eastern Asia: Sliding Pencil Market 2024

Sliding Pencil Market Size in South-Eastern Asia

The Southeast Asian sliding pencil market contracted rapidly to $X in 2021, with a decrease of -16.3% against the previous year. In general, consumption continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 with an increase of 7.9% against the previous year. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sliding Pencil Production in South-Eastern Asia

In value terms, sliding pencil production dropped dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, posted a notable increase. The most prominent rate of growth was recorded in 2013 with an increase of 83% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Sliding Pencil Exports

Exports in South-Eastern Asia

For the third year in a row, South-Eastern Asia recorded decline in overseas shipments of propelling or sliding pencils, which decreased by -8.1% to X units in 2021. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2015 when exports increased by 26%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sliding pencil exports surged to $X in 2021. Over the period under review, exports saw a perceptible curtailment. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Thailand (X units) and Vietnam (X units) represented the largest exporters of propelling or sliding pencils in South-Eastern Asia, together finishing at approx. 79% of total exports. Singapore (X units) ranks next in terms of the total exports with a 13% share, followed by Malaysia (6.1%).

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +18.3%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Thailand ($X) emerged as the largest sliding pencil supplier in South-Eastern Asia, comprising 56% of total exports. The second position in the ranking was taken by Vietnam ($X), with a 19% share of total exports. It was followed by Singapore, with an 11% share.

In Thailand, sliding pencil exports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Vietnam (+11.9% per year) and Singapore (-15.7% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2021, picking up by 57% against the previous year. Overall, the export price showed prominent growth. The growth pace was the most rapid in 2017 an increase of 67% against the previous year. The level of export peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while Vietnam ($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 (+24.0%), while the other leaders experienced mixed trends in the export price figures.

Sliding Pencil Imports

Imports in South-Eastern Asia

For the fourth year in a row, South-Eastern Asia recorded decline in purchases abroad of propelling or sliding pencils, which decreased by -30.9% to X units in 2021. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2017 when imports increased by 6.1% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sliding pencil imports reduced markedly to $X in 2021. Over the period under review, imports continue to indicate a abrupt contraction. The growth pace was the most rapid in 2015 when imports increased by 17% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X units) and Thailand (X units) were the major importers of propelling or sliding pencils in 2021, accounting for approx. 38% and 32% of total imports, respectively. Singapore (X units) ranks next in terms of the total imports with a 14% share, followed by Indonesia (5.9%) and Myanmar (5%). Vietnam (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Myanmar (with a CAGR of +7.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Thailand ($X), Malaysia ($X) and Indonesia ($X) appeared to be the countries with the highest levels of imports in 2021, together comprising 73% of total imports.

Indonesia, with a CAGR of +0.2%, saw 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 a decline in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2021, rising by 3.8% against the previous year. Import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sliding pencil import price decreased by -6.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the import price increased by 21%. The level of import peaked at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Indonesia ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+18.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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