Southern Asia: Sliding Pencil Market 2024

Sliding Pencil Market Size in Southern Asia

The South Asian sliding pencil market reduced to $X in 2021, which is down by -13.4% against the previous year. Over the period under review, consumption saw a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Sliding Pencil Production in Southern Asia

In value terms, sliding pencil production shrank to $X in 2021 estimated in export price. Over the period under review, production recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2020 when the production volume increased by 26% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Sliding Pencil Exports

Exports in Southern Asia

In 2021, the amount of propelling or sliding pencils exported in Southern Asia surged to X units, jumping by 20% on the year before. Over the period under review, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 124%. Over the period under review, the exports reached the peak figure at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, sliding pencil exports reduced to $X in 2021. In general, exports, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2013 when exports increased by 25% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of propelling or sliding pencils, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the propelling or sliding pencils exports, with a CAGR of +12.1% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest sliding pencil supplier in Southern Asia.

From 2012 to 2021, the average annual growth rate of value in India stood at -8.8%.

Export Prices by Country

The export price in Southern Asia stood at less than $X per unit in 2021, falling by -21.4% against the previous year. Over the period under review, the export price recorded a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -18.7% per year.

Sliding Pencil Imports

Imports in Southern Asia

After two years of decline, supplies from abroad of propelling or sliding pencils increased by 8.3% to X units in 2021. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 154% against the previous year. The volume of import peaked at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, sliding pencil imports dropped to $X in 2021. Overall, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2014 when imports increased by 151% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

India prevails in imports structure, recording X units, which was near 93% of total imports in 2021. Nepal (X units) and Bangladesh (X units) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to sliding pencil imports into India stood at -5.5%. Bangladesh experienced a relatively flat trend pattern. Nepal (-15.6%) illustrated a downward trend over the same period. While the share of India (+7.3 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Nepal (-5.1 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported propelling or sliding pencils in Southern Asia, comprising 83% of total imports. The second position in the ranking was taken by Nepal ($X), with a 6.2% share of total imports.

In India, sliding pencil imports plunged by an average annual rate of -9.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Nepal (-23.0% per year) and Bangladesh (-15.1% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per unit, which is down by -16.8% against the previous year. In general, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 37% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (-4.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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