Finland: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Finland

In 2022, the Finnish encased lead pencil market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Encased Lead Pencil Production in Finland

In value terms, encased lead pencil production reached $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2022 and is likely to see steady growth in the immediate term.

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Encased Lead Pencil Exports

Exports from Finland

In 2022, shipments abroad of pencils and crayons with leads encased in a rigid sheath increased by X% to X units, rising for the second year in a row after three years of decline. Over the period under review, exports showed a noticeable expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, encased lead pencil exports fell to $X in 2022. Overall, exports posted notable growth. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Belarus (X units) was the main destination for encased lead pencil exports from Finland, accounting for a X% share of total exports. Moreover, encased lead pencil exports to Belarus exceeded the volume sent to the second major destination, Estonia (X units), twofold. The third position in this ranking was held by Latvia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belarus was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Latvia (X% per year).

In value terms, the largest markets for encased lead pencil exported from Finland were Belarus ($X), Estonia ($X) and Germany ($X), with a combined X% share of total exports.

Among the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average encased lead pencil export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

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

Encased Lead Pencil Imports

Imports into Finland

In 2022, the amount of pencils and crayons with leads encased in a rigid sheath imported into Finland totaled X units, standing approx. at 2021 figures. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, encased lead pencil imports shrank to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2021, and then dropped in the following year.

Imports by Country

In 2022, Sweden (X units) constituted the largest supplier of encased lead pencil to Finland, accounting for a X% share of total imports. Moreover, encased lead pencil imports from Sweden exceeded the figures recorded by the second-largest supplier, the UK (X units), twofold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), Sweden ($X) and Denmark ($X) appeared to be the largest encased lead pencil suppliers to Finland, with a combined X% share of total imports. China, the Netherlands, the UK, France, Switzerland and the Czech Republic lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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, reducing by X% against the previous year. In general, the import price continues to indicate a slight descent. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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