China: Sliding Pencil Market 2024

Sliding Pencil Market Size in China

In 2022, after two years of growth, there was significant decline in the Chinese sliding pencil market, when its value decreased by X% to $X. Over the period under review, consumption continues to indicate a pronounced reduction. As a result, consumption reached the peak level of $X, and then shrank markedly in the following year.

Sliding Pencil Production in China

In value terms, sliding pencil production fell to $X in 2022 estimated in export price. Overall, production recorded a deep setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Sliding pencil production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sliding Pencil Exports

Exports from China

In 2022, shipments abroad of propelling or sliding pencils was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, saw a noticeable slump. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, sliding pencil exports skyrocketed to $X in 2022. In general, exports, however, showed a pronounced setback. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for sliding pencil exports from China, with a X% share of total exports. Moreover, sliding pencil exports to the United States exceeded the volume sent to the second major destination, India (X units), fourfold. The third position in this ranking was taken by Turkey (X units), with a X% share.

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

In value terms, the United States ($X) remains the key foreign market for propelling or sliding pencils exports from China, comprising X% of total exports. The second position in the ranking was taken by India ($X), with an X% share of total exports. It was followed by Japan, with a X% share.

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

Export Prices by Country

In 2022, the average sliding pencil export price amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while the average price for exports to the United States ($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 South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sliding Pencil Imports

Imports into China

For the third consecutive year, China recorded growth in supplies from abroad of propelling or sliding pencils, which increased by X% to X units in 2022. In general, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, sliding pencil imports reduced to $X in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of sliding pencil to China, with a X% share of total imports. Moreover, sliding pencil imports from Japan exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), eightfold. The third position in this ranking was taken by Vietnam (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Vietnam (X% per year).

In value terms, Japan ($X) constituted the largest supplier of propelling or sliding pencils to China, comprising X% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average sliding pencil import price amounted to $X per unit, reducing by X% against the previous year. In general, import price indicated a moderate expansion 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. Based on 2022 figures, sliding pencil import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per unit), while the price for Taiwan (Chinese) ($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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