Venezuela: Encased Lead Pencil Market 2025

Encased Lead Pencil Market Size in Venezuela

The Venezuelan encased lead pencil market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a sharp curtailment. Encased lead pencil consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Encased Lead Pencil Exports

Exports from Venezuela

In 2021, the amount of pencils and crayons with leads encased in a rigid sheath exported from Venezuela contracted sharply to X units, which is down by -63.4% on the previous year's figure. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 1,240%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, encased lead pencil exports declined rapidly to $X in 2021. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 890%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Costa Rica (X units) was the main destination for encased lead pencil exports from Venezuela, with a 96% share of total exports. Moreover, encased lead pencil exports to Costa Rica exceeded the volume sent to the second major destination, Canada (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Costa Rica stood at +62.5%.

In value terms, Costa Rica ($X) emerged as the key foreign market for encased lead pencil exports from Venezuela, comprising 96% of total exports. The second position in the ranking was taken by Canada ($X), with a 3.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Costa Rica totaled +68.2%.

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, surging by 13% against the previous year. In general, the export price, however, recorded a mild descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 33%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2021, the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Costa Rica ($X per unit), while the average price for exports to Canada totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+96.1%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into Venezuela

In 2021, purchases abroad of pencils and crayons with leads encased in a rigid sheath was finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2015 with an increase of 35%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, encased lead pencil imports surged to $X in 2021. In general, imports, however, saw a precipitous decline. The most prominent rate of growth was recorded in 2017 when imports increased by 146%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of encased lead pencil to Venezuela, accounting for a 90% share of total imports. Moreover, encased lead pencil imports from China exceeded the figures recorded by the second-largest supplier, Peru (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+13.2% per year) and Panama (-28.5% per year).

In value terms, China ($X) constituted the largest supplier of encased lead pencil to Venezuela, comprising 78% of total imports. The second position in the ranking was held by Panama ($X), with a 14% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to -17.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Panama (-18.9% per year) and Peru (+8.7% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, rising by 7.7% against the previous year. In general, the import price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 107%. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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