Middle East: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in the Middle East

In 2022, the Middle Eastern encased lead pencil market decreased by X% to $X, falling for the fourth year in a row after seven years of growth. The total consumption indicated prominent growth from 2012 to 2022: its value 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, consumption decreased by X% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Encased Lead Pencil Production in the Middle East

In value terms, encased lead pencil production fell to $X in 2022 estimated in export price. The total production indicated a resilient expansion from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Encased Lead Pencil Exports

Exports in the Middle East

In 2022, shipments abroad of pencils and crayons with leads encased in a rigid sheath was finally on the rise to reach X units after four years of decline. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, encased lead pencil exports soared to $X in 2022. Over the period under review, exports showed resilient 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) represented the main exporter of pencils and crayons with leads encased in a rigid sheath, constituting X% of total exports. It was distantly followed by Turkey (X units), making up an X% share of total exports.

The United Arab Emirates was also the fastest-growing in terms of the pencils and crayons with leads encased in a rigid sheath exports, with a CAGR of X% from 2012 to 2022. Turkey experienced a relatively flat trend pattern. The United Arab Emirates (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, the United Arab Emirates ($X) emerged as the largest encased lead pencil supplier in the Middle East, comprising X% of total exports. The second position in the ranking was held by Turkey ($X), with a X% share of total exports.

In the United Arab Emirates, encased lead pencil exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in the Middle East stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Encased Lead Pencil Imports

Imports in the Middle East

In 2022, purchases abroad of pencils and crayons with leads encased in a rigid sheath was finally on the rise to reach X units after two years of decline. Over the period under review, imports showed a pronounced expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, encased lead pencil imports surged to $X in 2022. Overall, imports, however, recorded a perceptible reduction. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Qatar (X units) and the United Arab Emirates (X units) represented roughly X% of total imports in 2022. It was distantly followed by Iraq (X units), committing an X% share of total imports. Israel (X units), Yemen (X units), Iran (X units), Oman (X units), Turkey (X units), Lebanon (X units), Kuwait (X units) and Syrian Arab Republic (X units) held a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported pencils and crayons with leads encased in a rigid sheath in the Middle East, comprising X% of total imports. The second position in the ranking was taken by Iraq ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

In the United Arab Emirates, encased lead pencil imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Iraq (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in the Middle East stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kuwait ($X per unit), while Qatar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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