Switzerland: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Switzerland

The Swiss encased lead pencil market soared to $X in 2021, with an increase of 23% against the previous year. Overall, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Encased Lead Pencil Production in Switzerland

In value terms, encased lead pencil production contracted to $X in 2021 estimated in export price. Overall, production, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2017 when the production volume increased by 97%. Over the period under review, production reached the peak level at $X in 2020, and then contracted slightly in the following year.

Encased Lead Pencil Exports

Exports from Switzerland

In 2021, the amount of pencils and crayons with leads encased in a rigid sheath exported from Switzerland expanded notably to X units, growing by 11% on the year before. The total export volume increased at an average annual rate of +10.6% over the period from 2020 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations 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, encased lead pencil exports surged to $X in 2021. Over the period under review, total exports indicated a significant increase from 2020 to 2021: its value increased at an average annual rate of +35.9% over the last one-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

The United States (X units) was the main destination for encased lead pencil exports from Switzerland, accounting for a 42% share of total exports. Moreover, encased lead pencil exports to the United States exceeded the volume sent to the second major destination, Germany (X units), fourfold. Australia (X units) ranked third in terms of total exports with an 8.8% share.

From 2020 to 2021, the average annual growth rate of volume to the United States amounted to -12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-25.4% per year) and Australia (+145.5% per year).

In value terms, Germany ($X), the United States ($X) and France ($X) were the largest markets for encased lead pencil exported from Switzerland worldwide, together comprising 39% of total exports. These countries were followed by Italy, the UK, Poland, Brazil and Australia, which together accounted for a further 38%.

Brazil, with a CAGR of +1,493.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, growing by 23% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +22.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Poland ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+33.4%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Switzerland

In 2021, after three years of decline, there was significant growth in purchases abroad of pencils and crayons with leads encased in a rigid sheath, when their volume increased by 86% to X units. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, encased lead pencil imports soared to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest encased lead pencil supplier to Switzerland, accounting for a 60% share of total imports. Moreover, encased lead pencil imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. The third position in this ranking was held by Belgium (X units), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.4% per year) and Belgium (+65.0% per year).

In value terms, Germany ($X), China ($X) and Indonesia ($X) appeared to be the largest encased lead pencil suppliers to Switzerland, with a combined 80% share of total imports. France, Austria and Belgium lagged somewhat behind, together comprising a further 6.2%.

In terms of the main suppliers, Belgium, with a CAGR of +66.6%, recorded the highest rates of growth with regard to 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

The average encased lead pencil import price stood at $X per unit in 2021, shrinking by -31.9% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when the average import price increased by 45% against the previous year. The import price peaked at $X per unit in 2020, and then contracted rapidly in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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