United Arab Emirates: Sliding Pencil Market 2024

Sliding Pencil Market Size in the United Arab Emirates

In 2021, the sliding pencil market in the United Arab Emirates decreased by -35.5% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption recorded a deep slump. Sliding pencil consumption peaked at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Sliding Pencil Exports

Exports from the United Arab Emirates

For the fourth consecutive year, the United Arab Emirates recorded decline in shipments abroad of propelling or sliding pencils, which decreased by -0.9% to X units in 2021. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when exports increased by 134%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, sliding pencil exports shrank notably to $X in 2021. In general, exports saw a deep reduction. The pace of growth appeared the most rapid in 2015 with an increase of 108%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X units) was the main destination for sliding pencil exports from the United Arab Emirates, accounting for a 65% share of total exports. Moreover, sliding pencil exports to Oman exceeded the volume sent to the second major destination, Georgia (X units), fivefold. India (X units) ranked third in terms of total exports with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Oman stood at -14.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Georgia (-2.3% per year) and India (+73.4% per year).

In value terms, Oman ($X) remains the key foreign market for propelling or sliding pencils exports from the United Arab Emirates, comprising 72% of total exports. The second position in the ranking was held by India ($X), with a 7.2% share of total exports. It was followed by Israel, with a 3.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman totaled -19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (+46.1% per year) and Israel (0.0% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, with a decrease of -43% against the previous year. Overall, the export price recorded a abrupt decrease. The growth pace was the most rapid in 2016 when the average export price increased by 86% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per unit), while the average price for exports to Georgia ($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 Iran (+10.9%), while the prices for the other major destinations experienced a decline.

Sliding Pencil Imports

Imports into the United Arab Emirates

In 2021, overseas purchases of propelling or sliding pencils decreased by -35.4% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2019 when imports increased by 81% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports declined dramatically to $X in 2021. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 51% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of sliding pencil to the United Arab Emirates, with a 86% share of total imports. Moreover, sliding pencil imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. The third position in this ranking was taken by the United States (X units), with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.2% per year) and the United States (+159.3% per year).

In value terms, China ($X) constituted the largest supplier of propelling or sliding pencils to the United Arab Emirates, comprising 45% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the United States, with a 5.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.7% per year) and the United States (+89.6% per year).

Import Prices by Country

In 2021, the average sliding pencil import price amounted to $X per unit, remaining constant against the previous year. Over the period under review, the import price enjoyed modest growth. The most prominent rate of growth was recorded in 2016 an increase of 87% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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