MENA: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in MENA

In 2022, the MENA's coloured pencil lead market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. The market value 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 level of consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Coloured Pencil Lead Production in MENA

In value terms, coloured pencil lead production totaled $X in 2022 estimated in export price. Overall, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Coloured Pencil Lead Exports

Exports in MENA

In 2022, exports of black or coloured pencil leads in MENA skyrocketed to X units, increasing by X% compared with 2021 figures. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, coloured pencil lead exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X units) was the major exporter of black or coloured pencil leads, making up X% of total exports. It was distantly followed by Turkey (X units), achieving a X% share of total exports. Oman (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to coloured pencil lead exports from the United Arab Emirates stood at X%. At the same time, Oman (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Oman (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

In value terms, the United Arab Emirates ($X) remains the largest coloured pencil lead supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United Arab Emirates stood at X%. In the other countries, the average annual rates were as follows: Turkey (X% per year) and Oman (X% per year).

Export Prices by Country

The export price in MENA stood at $X per unit in 2022, jumping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while Oman ($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 United Arab Emirates (X%), while the other leaders experienced a decline in the export price figures.

Coloured Pencil Lead Imports

Imports in MENA

In 2022, supplies from abroad of black or coloured pencil leads increased by X% to X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports, however, showed a mild curtailment. The volume of import peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, coloured pencil lead imports surged to $X in 2022. In general, imports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey represented the largest importing country with an import of about X units, which recorded X% of total imports. Iran (X units) held the second position in the ranking, followed by the United Arab Emirates (X units). All these countries together held near X% share of total imports. The following importers - Iraq (X units), Qatar (X units), Israel (X units) and Egypt (X units) - each amounted to an X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the United Arab Emirates (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X) constitutes the largest market for imported black or coloured pencil leads in MENA, comprising X% of total imports. The second position in the ranking was held by Iran ($X), with an X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, coloured pencil lead imports decreased by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Iran (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the import price in MENA amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Qatar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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