Report Update: May 1, 2024

Dominican Republic - 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 the Dominican Republic - 2023

Encased Lead Pencil Price in the Dominican Republic (CIF) - 2023

In March 2023, the average encased lead pencil import price amounted to $177 per thousand units, with an increase of 228% against the previous month. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in April 2022 an increase of 396% month-to-month. As a result, import price reached the peak level of $0.3 per unit. From May 2022 to March 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In March 2023, the country with the highest price was the Czech Republic ($628 per thousand units), while the price for El Salvador ($12.0 per thousand units) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Encased Lead Pencil Price in the Dominican Republic (FOB) - 2022

In 2022, the average encased lead pencil export price amounted to $0.1 per unit, increasing by 23% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 115%. Over the period under review, the average export prices attained the maximum at $0.1 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Colombia ($0.2 per unit), while the average price for exports to Haiti (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+13.7%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports in the Dominican Republic

In 2022, approx. 45M units of pencils and crayons with leads encased in a rigid sheath were imported into the Dominican Republic; increasing by 134% compared with 2021. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, encased lead pencil imports surged to $2.3M in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. Imports peaked at $3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Encased Lead Pencil in the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,534	1,074	674	1,594	1.3%
Czech Republic	543	356	287	275	-20.3%
Mexico	103	48.9	34.8	93.1	-3.3%
Brazil	234	110	7.0	67.2	-34.0%
France	298	65.9	19.9	46.0	-46.4%
India	N/A	N/A	N/A	40.2	0%
Others	264	173	131	167	-14.2%
Total	2,977	1,828	1,154	2,282	-8.5%

Top Suppliers of Encased Lead Pencil to the Dominican Republic in 2022:

China (38.7M units)
Mexico (1.1M units)
India (1.0M units)
Czech Republic (0.8M units)
Brazil (0.7M units)
France (0.4M units)

Encased Lead Pencil Exports in the Dominican Republic

In 2022, encased lead pencil exports from the Dominican Republic soared to 3.3M units, increasing by 35% compared with 2021. The total export volume increased at an average annual rate of +12.8% over the period from 2019 to 2022; 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 skyrocketed to $337K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded 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 the Dominican Republic (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	16.7	78.5	101	110	87.5%
Panama	40.7	14.5	21.2	63.8	16.2%
Colombia	25.0	18.7	13.7	44.6	21.3%
Honduras	5.1	9.2	N/A	24.4	68.5%
Jamaica	61.8	56.3	1.8	24.3	-26.7%
Trinidad and Tobago	26.6	N/A	2.5	21.7	-6.6%
Barbados	11.8	12.7	23.3	15.6	9.8%
El Salvador	8.6	8.3	9.2	5.3	-14.9%
Haiti	8.9	5.6	1.5	4.9	-18.0%
United States	4.9	1.4	10.1	4.6	-2.1%
Guatemala	12.0	N/A	N/A	4.4	-28.4%
Paraguay	7.2	3.1	N/A	3.4	-22.1%
United Kingdom	N/A	28.9	N/A	N/A	0%
Others	9.8	25.1	18.7	10.3	1.7%
Total	239	262	203	337	12.1%

Top Export Markets for Encased Lead Pencil from the Dominican Republic in 2022:

Bolivia (1109.4K units)
Panama (581.2K units)
Honduras (243.9K units)
Colombia (210.7K units)
Haiti (206.9K units)
Jamaica (198.3K units)
United States (150.8K units)
Trinidad and Tobago (135.7K units)
Barbados (88.7K units)
El Salvador (56.1K units)
Guatemala (52.1K units)
Paraguay (49.0K units)

Source: IndexBox Market Intelligence Platform

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

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
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
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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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