Switzerland: Sliding Pencil Market 2024

Sliding Pencil Market Size in Switzerland

After two years of growth, the Swiss sliding pencil market decreased by -24.6% to $X in 2021. In general, consumption showed a mild setback. As a result, consumption reached the peak level of $X, and then reduced dramatically in the following year.

Sliding Pencil Production in Switzerland

In value terms, sliding pencil production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 40%. As a result, production reached the peak level of $X, and then shrank in the following year.

Sliding Pencil Exports

Exports from Switzerland

In 2021, shipments abroad of propelling or sliding pencils was finally on the rise to reach X units for the first time since 2014, thus ending a six-year declining trend. Over the period under review, exports, however, saw a abrupt decline. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, sliding pencil exports surged to $X in 2021. Overall, total exports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X units) was the main destination for sliding pencil exports from Switzerland, accounting for a 45% share of total exports. Moreover, sliding pencil exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), fivefold. South Korea (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at +22.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-18.3% per year) and South Korea (+61.3% per year).

In value terms, Belgium ($X) emerged as the key foreign market for propelling or sliding pencils exports from Switzerland, comprising 45% of total exports. The second position in the ranking was taken by Germany ($X), with a 9.3% share of total exports. It was followed by South Korea, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium stood at +43.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.7% per year) and South Korea (+94.1% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, increasing by 24% against the previous year. In general, the export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2019 an increase of 68% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were Japan ($X per unit) and the UK ($X per unit), while the average price for exports to South Korea ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into Switzerland

In 2021, after six years of decline, there was significant growth in supplies from abroad of propelling or sliding pencils, when their volume increased by 11% to X units. In general, imports, however, recorded a drastic downturn. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports soared to $X in 2021. Overall, imports, however, showed a perceptible decrease. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X units), Japan (X units) and China (X units) were the main suppliers of sliding pencil imports to Switzerland, together comprising 78% of total imports. These countries were followed by South Korea, India, France, Italy and Austria, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for India (with a CAGR of +28.0%), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), Japan ($X) and China ($X) appeared to be the largest sliding pencil suppliers to Switzerland, together comprising 78% of total imports. South Korea, India, France, Italy and Austria lagged somewhat behind, together comprising a further 14%.

India, with a CAGR of +39.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers 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 sliding pencil import price amounted to $X per unit, picking up by 7.9% against the previous year. Over the period under review, the import price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from India ($X per unit) and Japan ($X per unit), while the price for France ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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