Luxembourg: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Luxembourg

In 2022, the Luxembourg coloured pencil lead market increased by X% to $X, rising for the second consecutive year after four years of decline. In general, consumption, however, showed a slight descent. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Coloured Pencil Lead Production in Luxembourg

In value terms, coloured pencil lead production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

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Coloured Pencil Lead Exports

Exports from Luxembourg

In 2022, after four years of growth, there was significant decline in overseas shipments of black or coloured pencil leads, when their volume decreased by X% to X units. In general, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, coloured pencil lead exports contracted to $X in 2022. Overall, exports showed a abrupt decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for coloured pencil lead exports from Luxembourg, accounting for a X% share of total exports. Moreover, coloured pencil lead exports to Belgium exceeded the volume sent to the second major destination, France (X units), threefold.

From 2012 to 2022, the average annual growth rate of volume to Belgium amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Germany (X% per year).

In value terms, France ($X) remains the key foreign market for black or coloured pencil leads exports from Luxembourg, comprising X% of total exports. The second position in the ranking was held by Belgium ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Germany (X% per year).

Export Prices by Country

The average coloured pencil lead export price stood at $X per unit in 2022, rising by X% against the previous year. Over the period under review, the export price saw resilient growth. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 France ($X per unit), while the average price for exports to Germany ($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 France (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into Luxembourg

In 2022, supplies from abroad of black or coloured pencil leads increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports continue to indicate tangible growth. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, coloured pencil lead imports dropped to $X in 2022. Over the period under review, imports continue to indicate perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Belgium (X units), Denmark (X units) and Germany (X units) were the main suppliers of coloured pencil lead imports to Luxembourg, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest coloured pencil lead suppliers to Luxembourg were Belgium ($X), Germany ($X) and France ($X), with a combined X% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, saw 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

In 2022, the average coloured pencil lead import price amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a slight expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for the United States (less than $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 mixed trend patterns.

Source: IndexBox Platform

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