South Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in South Africa

In 2022, the South African coloured pencil lead market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Coloured Pencil Lead Production in South Africa

In value terms, coloured pencil lead production shrank slightly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of X%. Coloured pencil lead production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Coloured Pencil Lead Exports

Exports from South Africa

For the third consecutive year, South Africa recorded growth in overseas shipments of black or coloured pencil leads, which increased by X% to X units in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, coloured pencil lead exports declined to $X in 2022. In general, total exports indicated a perceptible 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, exports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X units), Namibia (X units) and Botswana (X units) were the main destinations of coloured pencil lead exports from South Africa, with a combined X% share of total exports. Malawi, Lesotho and Zimbabwe lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Malawi (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for coloured pencil lead exported from South Africa were Namibia ($X), Swaziland ($X) and Botswana ($X), with a combined X% share of total exports.

Swaziland, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average coloured pencil lead export price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price 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, coloured pencil lead export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while the average price for exports to Malawi ($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 Namibia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Coloured Pencil Lead Imports

Imports into South Africa

In 2022, overseas purchases of black or coloured pencil leads increased by X% to X units, rising for the third consecutive year after three years of decline. Over the period under review, imports saw resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coloured pencil lead imports skyrocketed to $X in 2022. In general, imports, however, showed a perceptible downturn. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest coloured pencil lead supplier to South Africa, accounting for a X% share of total imports. Moreover, coloured pencil lead imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), more than tenfold. The third position in this ranking was held by Turkey (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Turkey (X% per year).

In value terms, Japan ($X), China ($X) and Turkey ($X) constituted the largest coloured pencil lead suppliers to South Africa, together comprising X% of total imports.

Turkey, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average coloured pencil lead import price amounted to $X per unit, shrinking by X% against the previous year. Overall, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Japan ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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