South Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in South Africa

The South African coloured pencil lead market dropped dramatically to $X in 2023, reducing by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Coloured pencil lead consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.

Coloured Pencil Lead Production in South Africa

In value terms, coloured pencil lead production rose to $X in 2023 estimated in export price. Over the period under review, the total production indicated a measured increase 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 2021 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production reached the peak level of $X. From 2019 to 2023, production growth remained at a somewhat lower figure.

Coloured Pencil Lead Exports

Exports from South Africa

Coloured pencil lead exports from South Africa expanded notably to X units in 2023, with an increase of X% against the previous year's figure. Overall, total exports indicated a perceptible increase 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 2018 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, coloured pencil lead exports contracted to $X in 2023. Over the period under review, total exports indicated a measured expansion from 2012 to 2023: its value 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 decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Namibia (X units) was the main destination for coloured pencil lead exports from South Africa, with a X% share of total exports. Moreover, coloured pencil lead exports to Namibia exceeded the volume sent to the second major destination, Swaziland (X units), twofold. The third position in this ranking was held by Lesotho (X units), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Namibia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (X% per year) and Lesotho (X% per year).

In value terms, Namibia ($X), Swaziland ($X) and Botswana ($X) appeared to be the largest markets for coloured pencil lead exported from South Africa worldwide, together accounting for X% of total exports.

Among the main countries of destination, Swaziland, 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 average coloured pencil lead export price amounted to $X per thousand units, shrinking by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per thousand units in 2019; however, from 2020 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Zimbabwe ($X per thousand units), while the average price for exports to Namibia ($X per thousand units) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coloured Pencil Lead Imports

Imports into South Africa

In 2023, supplies from abroad of black or coloured pencil leads decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. In general, imports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports reached the peak of X units, and then dropped notably in the following year.

In value terms, coloured pencil lead imports contracted to $X in 2023. Overall, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, 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), ninefold. France (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and France (X% per year).

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

In terms of the main suppliers, France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average coloured pencil lead import price stood at $X per thousand units in 2023, rising by X% against the previous year. Overall, the import price, however, continues to indicate a deep setback. 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 thousand units in 2013; however, from 2014 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per thousand units), while the price for China ($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 Germany (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform