Hungary: Sliding Pencil Market 2024

Sliding Pencil Market Size in Hungary

The Hungarian sliding pencil market reduced to $X in 2022, dropping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. Sliding pencil consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sliding Pencil Exports

Exports from Hungary

In 2022, shipments abroad of propelling or sliding pencils increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a deep downturn. 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 soared to $X in 2022. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Romania (X units) was the main destination for sliding pencil exports from Hungary, accounting for a X% share of total exports. Moreover, sliding pencil exports to Romania exceeded the volume sent to the second major destination, Croatia (X units), threefold. The third position in this ranking was taken by the Czech Republic (X units), with a X% share.

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

In value terms, Romania ($X), Croatia ($X) and the Czech Republic ($X) appeared to be the largest markets for sliding pencil exported from Hungary worldwide, together accounting for X% of total exports. Slovenia, Slovakia, Russia, France, Germany, Poland, Italy, Belarus, Serbia and Ukraine lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Slovenia, with a CAGR of X%, recorded 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 sliding pencil export price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price, however, saw significant growth. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2021, and then reduced in the following year.

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

Sliding Pencil Imports

Imports into Hungary

In 2022, sliding pencil imports into Hungary fell notably to X units, waning by X% against the previous year. In general, imports showed a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sliding pencil imports reached $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), France (X units) and Germany (X units) were the main suppliers of sliding pencil imports to Hungary, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest sliding pencil suppliers to Hungary were France ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to 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 sliding pencil import price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the import price posted strong growth. The growth pace was the most rapid in 2020 when the average import price increased by X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($X per unit), while the price for China ($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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