Latin America and the Caribbean: Encased Lead Pencil Market 2024

Encased Lead Pencil Market Size in Latin America and the Caribbean

The Latin American encased lead pencil market expanded remarkably to $X in 2023, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2023 and is likely to see steady growth in the immediate term.

Encased Lead Pencil Production in Latin America and the Caribbean

In value terms, encased lead pencil production dropped to $X in 2023 estimated in export price. The total production indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2023, production growth failed to regain momentum.

Encased Lead Pencil Exports

Exports in Latin America and the Caribbean

After four years of growth, shipments abroad of pencils and crayons with leads encased in a rigid sheath decreased by X% to X units in 2023. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2023, the growth of the exports remained at a lower figure.

In value terms, encased lead pencil exports plummeted to $X in 2023. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Brazil was the main exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Mexico (X units), committing a X% share of total exports.

Brazil experienced a relatively flat trend pattern with regard to volume of exports of pencils and crayons with leads encased in a rigid sheath. Mexico experienced a relatively flat trend pattern. From 2012 to 2023, the share of Mexico and Brazil increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) and Mexico ($X) appeared to be the countries with the highest levels of exports in 2023.

Among the main exporting countries, Mexico, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per thousand units in 2023, surging by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X%. The level of export peaked at $X per thousand units in 2018; however, from 2019 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Mexico ($X per thousand units), while Brazil stood at $X per thousand units.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Mexico (X%).

Encased Lead Pencil Imports

Imports in Latin America and the Caribbean

In 2023, supplies from abroad of pencils and crayons with leads encased in a rigid sheath increased by X% to X units, rising for the second year in a row after four years of decline. Total imports indicated a slight expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of import peaked in 2023 and is likely to continue growth in the immediate term.

In value terms, encased lead pencil imports rose remarkably to $X in 2023. Overall, imports, however, continue to indicate a mild descent. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Brazil (X units), distantly followed by Chile (X units), Argentina (X units), Colombia (X units), Peru (X units), Guatemala (X units) and Bolivia (X units) were the major importers of pencils and crayons with leads encased in a rigid sheath, together comprising X% of total imports. Mexico (X units), Nicaragua (X units), Ecuador (X units) and Panama (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Colombia ($X) and Argentina ($X) appeared to be the countries with the highest levels of imports in 2023, together comprising X% of total imports. Mexico, Chile, Bolivia, Peru, Guatemala, Nicaragua, Ecuador and Panama lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Nicaragua, 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 more modest paces of growth.

Import Prices by Country

In 2023, the import price in Latin America and the Caribbean amounted to $X per thousand units, declining by X% against the previous year. Over the period under review, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per thousand units in 2016; however, from 2017 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mexico ($X per thousand units), while Chile ($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 Bolivia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform