Thailand: Sliding Pencil Market 2024

Sliding Pencil Market Size in Thailand

The Thai sliding pencil market fell to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption saw a abrupt shrinkage. Sliding pencil consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sliding Pencil Production in Thailand

In value terms, sliding pencil production contracted to $X in 2022 estimated in export price. Overall, production recorded a mild downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. Sliding pencil production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Sliding Pencil Exports

Exports from Thailand

In 2022, approx. X units of propelling or sliding pencils were exported from Thailand; reducing by X% on 2021 figures. Overall, exports continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, sliding pencil exports rose to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X units) was the main destination for sliding pencil exports from Thailand, accounting for a X% share of total exports. Moreover, sliding pencil exports to Vietnam exceeded the volume sent to the second major destination, Japan (X units), twofold. The third position in this ranking was taken by Germany (X units), with a X% share.

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

In value terms, the United States ($X), Germany ($X) and the UK ($X) constituted the largest markets for sliding pencil exported from Thailand worldwide, together comprising X% of total exports. Australia, Japan, Vietnam, Taiwan (Chinese) and India lagged somewhat behind, together accounting for a further X%.

Australia, with a CAGR of X%, saw the highest growth rate of the value of exports, among 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 sliding pencil export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

Sliding Pencil Imports

Imports into Thailand

In 2022, imports of propelling or sliding pencils into Thailand dropped dramatically to X units, which is down by X% on the previous year. Overall, imports showed a drastic downturn. The growth pace was the most rapid in 2015 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sliding pencil imports dropped to $X in 2022. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest sliding pencil supplier to Thailand, with a X% share of total imports. Moreover, sliding pencil imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), threefold.

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 Taiwan (Chinese) (X% per year).

In value terms, China ($X), Japan ($X) and Taiwan (Chinese) ($X) were the largest sliding pencil suppliers to Thailand, with a combined X% share of total imports.

Among the main suppliers, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average sliding pencil import price amounted to $X per unit, increasing by X% against the previous year. Over the period under review, the import price showed buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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