Africa: Coloured Pencil Lead Market 2024

Coloured Pencil Lead Market Size in Africa

In 2022, the African coloured pencil lead market increased by X% to $X, rising for the second consecutive year after four years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Coloured Pencil Lead Production in Africa

In value terms, coloured pencil lead production shrank slightly to $X in 2022 estimated in export price. In general, production, however, showed a slight setback. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. The level of production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Coloured Pencil Lead Exports

Exports in Africa

In 2022, the amount of black or coloured pencil leads exported in Africa expanded remarkably to X units, increasing by X% compared with 2021 figures. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The volume of export peaked at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, coloured pencil lead exports skyrocketed to $X in 2022. Total exports indicated a prominent increase 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 most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

South Africa prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Rwanda (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Egypt (X%).

South Africa experienced a relatively flat trend pattern with regard to volume of exports of black or coloured pencil leads. At the same time, Egypt (X%) and Rwanda (X%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. While the share of Rwanda (X p.p.) and Egypt (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) remains the largest coloured pencil lead supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Egypt ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Rwanda (X% per year).

Export Prices by Country

The export price in Africa stood at $X per unit in 2022, picking up by X% against the previous year. Export price indicated a buoyant 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 increased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the other leaders experienced mixed trends in the export price figures.

Coloured Pencil Lead Imports

Imports in Africa

Coloured pencil lead imports soared to X units in 2022, with an increase of X% on 2021 figures. Over the period under review, imports posted a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, coloured pencil lead imports soared to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Nigeria represented the largest importer of black or coloured pencil leads in Africa, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Kenya (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Ethiopia (X%) and South Africa (X%). Botswana (X units) and Tanzania (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to coloured pencil lead imports into Nigeria stood at X%. At the same time, Kenya (X%), Ethiopia (X%), Tanzania (X%), Botswana (X%) and South Africa (X%) displayed positive paces of growth. Moreover, Kenya emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. While the share of Nigeria (X p.p.), Kenya (X p.p.) and Ethiopia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Nigeria, coloured pencil lead imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ethiopia (X% per year) and South Africa (X% per year).

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price saw a pronounced reduction. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Kenya ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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