Mexico - Pencils And Crayons With Leads Encased In A Rigid Sheath - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Mexico - Pencils And Crayons With Leads Encased In A Rigid Sheath - Market Analysis, Forecast, Size, Trends And Insights

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Encased Lead Pencil Price in Mexico - 2023

Contents:

  1. Encased Lead Pencil Price in Mexico (FOB) - 2023
  2. Encased Lead Pencil Price in Mexico (CIF) - 2022
  3. Encased Lead Pencil Exports in Mexico
  4. Encased Lead Pencil Imports in Mexico

Encased Lead Pencil Price in Mexico (FOB) - 2023

The average encased lead pencil export price stood at $140 per thousand units in August 2023, approximately equating the previous month. Over the period under review, the export price, however, saw a remarkable increase. The most prominent rate of growth was recorded in January 2023 an increase of 116% against the previous month. The export price peaked at $140 per thousand units in July 2023, and then reduced slightly in the following month.

As there is only one major export destination, the average price level is determined by prices for the United States.

From August 2022 to August 2023, the rate of growth in terms of prices for the United States amounted to +6.6% per month.

Encased Lead Pencil Price in Mexico (CIF) - 2022

The average encased lead pencil import price stood at $78 per thousand units in 2022, falling by -6.9% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2014 an increase of 8.5% against the previous year. The import price peaked at $84 per thousand units in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($78 per thousand units) and India ($78 per thousand units), while the price for Thailand ($78 per thousand units) and Indonesia ($78 per thousand units) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Encased Lead Pencil Exports in Mexico

After three years of growth, overseas shipments of pencils and crayons with leads encased in a rigid sheath decreased by -3.9% to 320M units in 2022. The total export volume increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. The exports peaked at 333M units in 2021, and then reduced modestly in the following year.

In value terms, encased lead pencil exports soared to $35M in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Encased Lead Pencil in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States30.833.129.333.93.2%
Others1.71.20.60.7-25.6%
Total32.534.329.934.62.1%

Top Export Markets for Encased Lead Pencil from Mexico in 2022:

  1. United States (313.1M units)

Encased Lead Pencil Imports in Mexico

In 2022, after two years of decline, there was growth in overseas purchases of pencils and crayons with leads encased in a rigid sheath, when their volume increased by 4.9% to 109M units. Overall, imports, however, saw a sharp contraction. Over the period under review, imports reached the maximum at 376M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, encased lead pencil imports fell modestly to $8.4M in 2022. In general, imports, however, recorded a sharp shrinkage. Over the period under review, imports hit record highs at $30M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Encased Lead Pencil in Mexico (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.92.02.43.89.4%
Vietnam11.210.72.22.0-43.7%
United States1.81.41.41.3-10.3%
Indonesia5.13.00.40.9-43.9%
Thailand2.21.1N/A0.2-55.0%
India0.60.70.70.1-45.0%
France1.6N/A0.5N/A-44.1%
United Arab Emirates0.70.70.2N/A-46.5%
Brazil2.0N/AN/AN/A0%
Others2.11.10.80.1-63.8%
Total30.220.88.78.4-34.7%

Top Suppliers of Encased Lead Pencil to Mexico in 2022:

  1. China (48.4M units)
  2. Vietnam (26.3M units)
  3. United States (16.4M units)
  4. Indonesia (11.6M units)
  5. Thailand (2.5M units)
  6. India (1.8M units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the encased lead pencil market in Mexico. 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:

  • Mexico

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Mexico
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

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