Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Africa

In 2023, the African coloured pencil lead market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a prominent expansion. As a result, consumption attained the peak level of $X. From 2020 to 2023, the growth of the market remained at a somewhat lower figure.

Coloured Pencil Lead Production in Africa

In value terms, coloured pencil lead production rose modestly to $X in 2023 estimated in export price. In general, production, however, continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Coloured Pencil Lead Exports

Exports in Africa

In 2023, coloured pencil lead exports in Africa surged to X units, with an increase of X% against 2022 figures. Total exports indicated a pronounced expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked in 2023 and is expected to retain growth in the immediate term.

In value terms, coloured pencil lead exports soared to $X in 2023. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in years to come.

Exports by Country

South Africa dominates exports structure, reaching X units, which was near X% of total exports in 2023. Egypt (X units) ranks second in terms of the total exports with a X% share, followed by Ghana (X%). Rwanda (X units) took a relatively small share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2023. At the same time, Ghana (X%) and Rwanda (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2023. By contrast, Egypt (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Egypt, Ghana and Rwanda increased by X, X and X percentage points, respectively.

In value terms, the largest coloured pencil lead supplying countries in Africa were Ghana ($X), Egypt ($X) and South Africa ($X), together comprising X% of total exports.

Among the main exporting countries, Ghana, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in Africa amounted to $X per thousand units, jumping by X% against the previous year. In general, the export price showed a strong increase. The pace of growth appeared the most rapid in 2018 when the export price increased by X%. The level of export peaked at $X per thousand units in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ghana ($X per thousand units), while Rwanda ($X per thousand units) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Ghana (X%), while the other leaders experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports in Africa

Coloured pencil lead imports skyrocketed to X units in 2023, rising by X% on the previous year's figure. Overall, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2022 when imports increased by X%. Over the period under review, imports reached the maximum in 2023 and are expected to retain growth in years to come.

In value terms, coloured pencil lead imports skyrocketed to $X in 2023. Over the period under review, imports saw a resilient expansion. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Nigeria dominates imports structure, finishing at X units, which was near X% of total imports in 2023. It was distantly followed by Ghana (X units), committing a X% share of total imports. The following importers - Ethiopia (X units), Tanzania (X units), South Africa (X units), Zambia (X units) and Egypt (X units) - together made up X% of total imports.

Imports into Nigeria increased at an average annual rate of X% from 2012 to 2023. At the same time, Ghana (X%), Ethiopia (X%), Egypt (X%), South Africa (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Ghana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2023. By contrast, Tanzania (X%) illustrated a downward trend over the same period. Nigeria (X p.p.) and Ghana (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa and Tanzania saw its share reduced by X% and X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported black or coloured pencil leads in Africa, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Ethiopia, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: South Africa (X% per year) and Ethiopia (X% per year).

Import Prices by Country

The import price in Africa stood at $X per thousand units in 2023, growing by X% against the previous year. In general, the import price, however, continues to indicate a slight setback. The most prominent rate of growth was recorded in 2018 when the import price increased by X%. The level of import peaked at $X per thousand units in 2019; however, from 2020 to 2023, 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 Egypt ($X per thousand units), while Tanzania ($X per thousand units) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform