We use cookies to improve your experience and for marketing. Read our cookie policy or manage cookies.

Accept essential cookies
Accept all cookies
Report Western Africa - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Western Africa - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
What's the difference?
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Western Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Western Africa

The West African coloured pencil lead market surged to $X in 2021, with an increase of 408% against the previous year. Over the period under review, consumption posted a pronounced increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Coloured Pencil Lead Production in Western Africa

In value terms, coloured pencil lead production declined modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 334% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Coloured Pencil Lead Exports

Exports in Western Africa

In 2021, approx. X units of black or coloured pencil leads were exported in Western Africa; rising by 74% compared with the previous year. In general, exports saw significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by 124% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, coloured pencil lead exports skyrocketed to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by 585% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in years to come.

Exports by Country

Sierra Leone dominates exports structure, amounting to X units, which was near 91% of total exports in 2021. It was distantly followed by Togo (X units), generating a 6.2% share of total exports. Nigeria (X units) followed a long way behind the leaders.

Sierra Leone was also the fastest-growing in terms of the black or coloured pencil leads exports, with a CAGR of +364.0% from 2012 to 2021. At the same time, Togo (+15.5%) displayed positive paces of growth. By contrast, Nigeria (-7.4%) illustrated a downward trend over the same period. Sierra Leone (+91 p.p.) significantly strengthened its position in terms of the total exports, while Togo and Nigeria saw its share reduced by -17.8% and -69.5% from 2012 to 2021, respectively.

In value terms, Sierra Leone ($X) remains the largest coloured pencil lead supplier in Western Africa, comprising 97% of total exports. The second position in the ranking was taken by Togo ($X), with a 2.9% share of total exports.

In Sierra Leone, coloured pencil lead exports increased at an average annual rate of +178.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Togo (-1.5% per year) and Nigeria (-12.2% per year).

Export Prices by Country

The export price in Western Africa stood at $X per unit in 2021, waning by -2.3% against the previous year. Over the period under review, the export price, however, posted a tangible expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by 412%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Sierra Leone ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Nigeria (-4.5%), while the other leaders experienced a decline in the export price figures.

Coloured Pencil Lead Imports

Imports in Western Africa

In 2021, imports of black or coloured pencil leads in Western Africa soared to X units, with an increase of 595% against 2020 figures. Over the period under review, imports, however, showed a relatively flat trend pattern. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, coloured pencil lead imports surged to $X in 2021. Overall, imports posted a perceptible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The purchases of the one major importers of black or coloured pencil leads, namely Nigeria, represented more than two-thirds of total import.

Nigeria experienced a relatively flat trend pattern with regard to volume of imports of black or coloured pencil leads. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported black or coloured pencil leads in Western Africa.

In Nigeria, coloured pencil lead imports increased at an average annual rate of +5.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Western Africa amounted to $X per unit, falling by -27.3% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 148% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Nigeria.

From 2012 to 2021, the rate of growth in terms of prices for Nigeria amounted to +6.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were Togo and Guinea.
The countries with the highest volumes of in 2021 were Togo and Guinea.
In value terms, Sierra Leone $148), Togo $110) and Nigeria $9) were the countries with the highest levels of exports in 2021.
In value terms, the largest coloured pencil lead importing markets in Western Africa were Nigeria, Ghana and Gambia, with a combined 74% share of total imports. Senegal and Cabo Verde lagged somewhat behind, together comprising a further 12%.
The export price in Western Africa stood at $11 per unit in 2021, rising by 44% against the previous year.
In 2021, the i in Western Africa amounted to $4.2 per unit, remaining stable against the previous year.

This report provides an in-depth analysis of the coloured pencil lead market in Western Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 32991530 - Black or coloured pencil leads

Country coverage:

  • Benin
  • Burkina Faso
  • Cabo Verde
  • Gambia
  • Ghana
  • Guinea
  • Guinea-Bissau
  • Liberia
  • Mali
  • Mauritania
  • Niger
  • Nigeria
  • Saint Helena, Ascension and Tristan da Cunha
  • Senegal
  • Sierra Leone
  • Togo
  • Cote d'Ivoire

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Western Africa, split by region and country
  • Trade (exports and imports) in Western Africa
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Benin
    • Burkina Faso
    • Cabo Verde
    • Gambia
    • Ghana
    • Guinea
    • Guinea-Bissau
    • Liberia
    • Mali
    • Mauritania
    • Niger
    • Nigeria
    • Saint Helena, Ascension and Tristan da Cunha
    • Senegal
    • Sierra Leone
    • Togo
    • Cote d'Ivoire

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

Recommended reports

Asia - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 318

This report provides an in-depth analysis of the coloured pencil lead market in Asia.

World - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 475

This report provides an in-depth analysis of the global coloured pencil lead market.

EU - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 274

This report provides an in-depth analysis of the coloured pencil lead market in the EU.

U.S. - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 277

This report provides an in-depth analysis of the coloured pencil lead market in the U.S..

China - Black or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends and Insights
$599
Nov 1, 2024
Eye 300

This report provides an in-depth analysis of the coloured pencil lead market in China.

Free Data: Black Or Coloured Pencil Leads - Western Africa
Table
Black Or Coloured Pencil Leads - Western Africa - Table
Dashboard
Black Or Coloured Pencil Leads - Western Africa - Dashboard
Report
Black Or Coloured Pencil Leads - Western Africa - Report