Global Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size

The global encased lead pencil market shrank slightly to $X in 2021, with a decrease of -4% against the previous year. In general, consumption posted a resilient expansion. Over the period under review, the global market attained the peak level at $X in 2020, and then declined modestly in the following year.

Encased Lead Pencil Production

In value terms, encased lead pencil production shrank slightly to $X in 2021 estimated in export price. Over the period under review, production enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 238% against the previous year. Global production peaked at $X in 2020, and then dropped slightly in the following year.

Encased Lead Pencil Exports

Exports

In 2021, after two years of decline, there was significant growth in overseas shipments of pencils and crayons with leads encased in a rigid sheath, when their volume increased by 38% to X units. The total export volume increased at an average annual rate of +6.0% from 2012 to 2021; however, the trend pattern 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.

In value terms, encased lead pencil exports rose notably to $X in 2021. The total export value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 when exports increased by 15%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the global exports remained at a somewhat lower figure.

Exports by Country

China represented the major exporter of pencils and crayons with leads encased in a rigid sheath in the world, with the volume of exports amounting to X units, which was near 45% of total exports in 2021. It was distantly followed by the United States (X units), mixing up a 26% share of total exports. The following exporters - Brazil (X units), Germany (X units), India (X units), Mexico (X units), Vietnam (X units), Indonesia (X units) and the Netherlands (X units) - together made up 18% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the United States (with a CAGR of +41.6%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest encased lead pencil supplier worldwide, comprising 37% of global exports. The second position in the ranking was held by Germany ($X), with a 15% share of global exports. It was followed by Brazil, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China stood at +2.5%. In the other countries, the average annual rates were as follows: Germany (+4.2% per year) and Brazil (+1.2% per year).

Export Prices by Country

In 2021, the average encased lead pencil export price amounted to $X per unit, which is down by -22.9% against the previous year. Overall, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 2.6%. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the other global leaders experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports

Global encased lead pencil imports stood at X units in 2021, picking up by 2.5% against the year before. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 15% against the previous year. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of global imports remained at a somewhat lower figure.

In value terms, encased lead pencil imports rose slightly to $X in 2021. The total import value increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 with an increase of 20%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of global imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) represented the key importer of pencils and crayons with leads encased in a rigid sheath, mixing up 31% of total imports. It was distantly followed by Germany (X units), constituting a 4.6% share of total imports. Russia (X units), the UK (X units), France (X units), Australia (X units), the United Arab Emirates (X units), Thailand (X units), the Netherlands (X units), Slovakia (X units) and Poland (X units) took a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to encased lead pencil imports into the United States stood at +10.0%. At the same time, Slovakia (+11.8%), Poland (+10.6%), Germany (+5.0%), France (+3.5%), Australia (+3.2%), Russia (+2.6%) and the Netherlands (+1.6%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in the world, with a CAGR of +11.8% from 2012-2021. By contrast, the United Arab Emirates (-1.4%), the UK (-2.7%) and Thailand (-3.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States increased by +15 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported pencils and crayons with leads encased in a rigid sheath worldwide, comprising 19% of global imports. The second position in the ranking was taken by Germany ($X), with a 9.2% share of global imports. It was followed by France, with a 4.4% share.

From 2012 to 2021, the average annual growth rate of value in the United States was relatively modest. In the other countries, the average annual rates were as follows: Germany (+8.5% per year) and France (+6.7% per year).

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2021, increasing by 2.3% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The growth pace was the most rapid in 2016 when the average import price increased by 4.5% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+6.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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