China: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in China

The Chinese encased lead pencil market reached $X in 2022, remaining stable against the previous year. Over the period under review, consumption recorded a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Encased Lead Pencil Production in China

In value terms, encased lead pencil production rose modestly to $X in 2022 estimated in export price. Overall, production showed buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Encased Lead Pencil Exports

Exports from China

In 2022, shipments abroad of pencils and crayons with leads encased in a rigid sheath increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, encased lead pencil exports surged to $X in 2022. Over the period under review, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units) was the main destination for encased lead pencil exports from China, with a X% share of total exports. Moreover, encased lead pencil exports to the United States exceeded the volume sent to the second major destination, Pakistan (X units), twofold. Thailand (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Pakistan (X% per year) and Thailand (X% per year).

In value terms, the United States ($X) remains the key foreign market for pencils and crayons with leads encased in a rigid sheath exports from China, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports. It was followed by Pakistan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the average encased lead pencil export price amounted to $X per unit, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Brazil ($X 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 the United Arab Emirates (X%), while the prices for the other major destinations experienced more modest paces of growth.

Encased Lead Pencil Imports

Imports into China

In 2022, encased lead pencil imports into China was estimated at X units, with an increase of X% compared with the year before. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, encased lead pencil imports reduced rapidly to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then fell markedly in the following year.

Imports by Country

Thailand (X units), Vietnam (X units) and Indonesia (X units) were the main suppliers of encased lead pencil imports to China, with a combined X% share of total imports. The Philippines, Japan, South Korea, Brazil, Germany, the Czech Republic, Italy and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest encased lead pencil suppliers to China were Vietnam ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports. Japan, the Philippines, Germany, the Czech Republic, Brazil, South Korea, Italy and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Philippines, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average encased lead pencil import price stood at $X per unit in 2022, falling by X% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then shrank sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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