Spain: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Spain

The Spanish coloured pencil lead market reached $X in 2021, increasing by 7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a pronounced downturn. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Coloured Pencil Lead Exports

Exports from Spain

In 2021, after two years of growth, there was significant decline in shipments abroad of black or coloured pencil leads, when their volume decreased by -17.7% to X units. Over the period under review, exports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 96% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, coloured pencil lead exports shrank markedly to $X in 2021. Overall, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 when exports increased by 111% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank rapidly in the following year.

Exports by Country

France (X units), Portugal (X units) and Poland (X units) were the main destinations of coloured pencil lead exports from Spain, with a combined 73% share of total exports. Germany, the UK, Italy, Australia, Romania, Sweden and Saudi Arabia lagged somewhat behind, together accounting for a further 15%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +73.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coloured pencil lead exported from Spain were Portugal ($X), France ($X) and Poland ($X), with a combined 60% share of total exports. Germany, Italy, Australia, the UK, Romania, Sweden and Saudi Arabia lagged somewhat behind, together accounting for a further 28%.

Among the main countries of destination, the UK, with a CAGR of +116.5%, recorded 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 average coloured pencil lead export price stood at $X per unit in 2021, which is down by -29.5% against the previous year. In general, the export price, however, recorded a remarkable increase. The growth pace was the most rapid in 2019 when the average export price increased by 79%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Sweden ($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 Italy (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into Spain

In 2021, the amount of black or coloured pencil leads imported into Spain fell slightly to X units, waning by -3.4% against 2020 figures. In general, imports recorded a slight reduction. The pace of growth was the most pronounced in 2013 with an increase of 57%. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, coloured pencil lead imports dropped slightly to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of 31%. Over the period under review, imports reached the maximum at $X in 2020, and then shrank in the following year.

Imports by Country

China (X units), Germany (X units) and Italy (X units) were the main suppliers of coloured pencil lead imports to Spain, together accounting for 72% of total imports. These countries were followed by Taiwan (Chinese), France, Poland, Slovakia and the UK, which together accounted for a further 24%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +76.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest coloured pencil lead suppliers to Spain were China ($X), Germany ($X) and Poland ($X), together comprising 47% of total imports.

Among the main suppliers, Poland, with a CAGR of +58.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average coloured pencil lead import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, coloured pencil lead import price increased by +25.5% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 56% against the previous year. The import price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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