Hong Kong SAR, China - Pencils And Crayons With Leads Encased In A Rigid Sheath - Market Analysis, Forecast, Size, Trends And Insights
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View PricingEncased Lead Pencil Price in Hong Kong SAR - 2023
Contents:
- Encased Lead Pencil Price in Hong Kong SAR (CIF) - 2023
- Encased Lead Pencil Price in Hong Kong SAR (FOB) - 2023
- Encased Lead Pencil Imports in Hong Kong SAR
- Encased Lead Pencil Exports in Hong Kong SAR
Encased Lead Pencil Price in Hong Kong SAR (CIF) - 2023
In September 2023, the average encased lead pencil import price amounted to $62.7 per thousand units, jumping by 17% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 64% against the previous month. As a result, import price reached the peak level of $90.1 per thousand units. From February 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($101 per thousand units), while the price for Japan ($26.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Encased Lead Pencil Price in Hong Kong SAR (FOB) - 2023
In September 2023, the average encased lead pencil export price amounted to $115 per thousand units, reducing by -5.3% against the previous month. In general, the export price, however, recorded a moderate expansion. The pace of growth appeared the most rapid in August 2023 when the average export price increased by 168% month-to-month. Over the period under review, the average export prices reached the maximum at $130 per thousand units in April 2023; however, from May 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In September 2023, the country with the highest price was South Korea ($348 per thousand units), while the average price for exports to the United States ($69.0 per thousand units) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+13.1%), while the prices for the other major destinations experienced more modest paces of growth.
Encased Lead Pencil Imports in Hong Kong SAR
In 2022, imports of pencils and crayons with leads encased in a rigid sheath into Hong Kong SAR fell notably to 70M units, declining by -27.5% compared with the previous year. In general, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 3.1%. Imports peaked at 117M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, encased lead pencil imports fell markedly to $5.1M in 2022. Overall, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 31%. As a result, imports attained the peak of $9.3M, and then shrank dramatically in the following year.
| Import of Encased Lead Pencil in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 244 | 121 | 2,703 | 1,325 | 75.8% |
| Japan | 2,636 | 2,369 | 1,982 | 1,043 | -26.6% |
| China | 3,943 | 2,440 | 2,285 | 901 | -38.9% |
| Germany | 608 | 467 | 814 | 623 | 0.8% |
| Indonesia | 345 | 230 | 403 | 330 | -1.5% |
| Thailand | 290 | 344 | 155 | 270 | -2.4% |
| Malaysia | 43.3 | 200 | 242 | 268 | 83.6% |
| Others | 446 | 937 | 757 | 330 | -9.6% |
| Total | 8,556 | 7,108 | 9,341 | 5,089 | -15.9% |
Top Suppliers of Encased Lead Pencil to Hong Kong SAR in 2022:
- China (21.9M units)
- Japan (16.2M units)
- Vietnam (14.5M units)
- Malaysia (5.4M units)
- Indonesia (4.3M units)
- Thailand (4.1M units)
- Germany (2.8M units)
Encased Lead Pencil Exports in Hong Kong SAR
Encased lead pencil exports from Hong Kong SAR fell significantly to 47M units in 2022, with a decrease of -43.9% compared with the previous year's figure. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 11%. Over the period under review, the exports hit record highs at 85M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, encased lead pencil exports shrank sharply to $3.4M in 2022. Overall, exports saw a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of $6.4M, and then fell markedly in the following year.
| Export of Encased Lead Pencil in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,671 | 2,265 | 4,460 | 2,218 | -6.0% |
| United States | 531 | 372 | 135 | 400 | -9.0% |
| France | 869 | 692 | 685 | 164 | -42.6% |
| Spain | 13.3 | 7.6 | 9.2 | 91.2 | 90.0% |
| Fiji | 26.4 | 54.3 | 35.1 | 41.8 | 16.6% |
| United Kingdom | 211 | 188 | 103 | 41.3 | -41.9% |
| Australia | 128 | 120 | 197 | 24.1 | -42.7% |
| Japan | 143 | 181 | 90.4 | 8.8 | -60.5% |
| Others | 858 | 666 | 699 | 452 | -19.2% |
| Total | 5,450 | 4,545 | 6,413 | 3,442 | -14.2% |
Top Export Markets for Encased Lead Pencil from Hong Kong SAR in 2022:
- China (26.6M units)
- United States (7.2M units)
- France (3.3M units)
- United Kingdom (1.8M units)
- Spain (1.5M units)
- Fiji (1.4M units)
- Australia (0.2M units)
- Japan (0.1M units)
This report provides an in-depth analysis of the encased lead pencil market in Hong Kong SAR, China. 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 32991510 - Pencils and crayons with leads encased in a rigid sheath (excluding pencils for medicinal, cosmetic or toilet uses)
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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
-
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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