United Kingdom: Sliding Pencil Market 2024

Sliding Pencil Market Size in the UK

In 2021, the UK sliding pencil market decreased by -34.7% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption showed a noticeable curtailment. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Sliding Pencil Production in the UK

In value terms, sliding pencil production reduced remarkably to $X in 2021 estimated in export price. In general, production saw a slight setback. Sliding pencil production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.

Sliding Pencil Exports

Exports from the UK

In 2021, shipments abroad of propelling or sliding pencils decreased by -59.4% to X units, falling for the third year in a row after three years of growth. In general, exports saw a abrupt slump. The pace of growth was the most pronounced in 2013 when exports increased by 38% against the previous year. Over the period under review, the exports reached the maximum at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, sliding pencil exports shrank significantly to $X in 2021. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when exports increased by 35%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units), France (X units) and the Netherlands (X units) were the main destinations of sliding pencil exports from the UK, together comprising 81% of total exports.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +33.8%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) emerged as the key foreign market for propelling or sliding pencils exports from the UK, comprising 50% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 10% share of total exports. It was followed by France, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+20.9% per year) and France (-14.3% per year).

Export Prices by Country

The average sliding pencil export price stood at $X per unit in 2021, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 an increase of 60%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the 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 Spain ($X per unit), while the average price for exports to Denmark ($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 Poland (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into the UK

In 2021, supplies from abroad of propelling or sliding pencils decreased by -51.6% to X units, falling for the second consecutive year after eight years of growth. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2018 with an increase of 63% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, sliding pencil imports dropped notably to $X in 2021. Overall, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 24%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

China (X units), the Czech Republic (X units) and France (X units) were the main suppliers of sliding pencil imports to the UK, together comprising 84% of total imports.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +104.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Japan ($X) and Germany ($X) were the largest sliding pencil suppliers to the UK, together comprising 54% of total imports. France, the Czech Republic, the United States and Bulgaria lagged somewhat behind, together accounting for a further 28%.

The Czech Republic, with a CAGR of +62.8%, 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 mixed trend patterns.

Import Prices by Country

The average sliding pencil import price stood at $X per unit in 2021, with an increase of 49% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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