Philippines - Black Or Coloured Pencil Leads - Market Analysis, Forecast, Size, Trends And Insights
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View PricingColoured Pencil Lead Price in the Philippines - 2023
Contents:
- Coloured Pencil Lead Price in the Philippines (FOB) - 2022
- Coloured Pencil Lead Price in the Philippines (CIF) - 2022
- Coloured Pencil Lead Exports in the Philippines
- Coloured Pencil Lead Imports in the Philippines
Coloured Pencil Lead Price in the Philippines (FOB) - 2022
The average coloured pencil lead export price stood at $10 per thousand units in 2022, growing by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2021 an increase of 18% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($20 per thousand units), while the average price for exports to the United States totaled $7.1 per thousand units.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+42.9%), while the prices for the other major destinations experienced more modest paces of growth.
Coloured Pencil Lead Price in the Philippines (CIF) - 2022
In 2022, the average coloured pencil lead import price amounted to $16 per thousand units, increasing by 1,066% against the previous year. Overall, the import price enjoyed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +16.5% per year.
Coloured Pencil Lead Exports in the Philippines
In 2022, the amount of black or coloured pencil leads exported from the Philippines soared to 300M units, picking up by 16% against the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,805,098% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, coloured pencil lead exports skyrocketed to $3M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,845,823%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Coloured Pencil Lead in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 1,725 | 1,705 | 1,603 | -3.6% |
| Vietnam | N/A | N/A | 506 | 1,435 | 183.6% |
| Mexico | N/A | 118 | 150 | N/A | 27.1% |
| Georgia | N/A | N/A | 98.3 | N/A | 0% |
| Others | 0.1 | 2.8 | 110 | N/A | 3216.6% |
| Total | 0.1 | 1,846 | 2,569 | 3,038 | 3020.3% |
Top Export Markets for Coloured Pencil Lead from the Philippines in 2022:
- United States (226.6M units)
- Vietnam (73.1M units)
Coloured Pencil Lead Imports in the Philippines
In 2022, purchases abroad of black or coloured pencil leads decreased by -85.7% to 6.7M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 262%. Imports peaked at 47M units in 2021, and then shrank sharply in the following year.
In value terms, coloured pencil lead imports skyrocketed to $107K in 2022. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. As a result, imports attained the peak of $203K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Coloured Pencil Lead in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.9 | 71.1 | 53.5 | 63.0 | 65.5% |
| Japan | 67.9 | 25.1 | 6.4 | 35.6 | -19.4% |
| Malaysia | 19.6 | 14.2 | 0.2 | N/A | -89.9% |
| Others | 13.7 | 92.9 | 4.3 | 8.6 | -14.4% |
| Total | 115 | 203 | 64.5 | 107 | -2.4% |
Top Suppliers of Coloured Pencil Lead to the Philippines in 2022:
- China (6.6M units)
- Japan (0.1M units)
This report provides an in-depth analysis of the coloured pencil lead market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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