Updated Oct 20, 2022 17:29

Drawing Chalk Market in CIS

Market Overview
In , the CIS drawing chalk market increased by % to $, rising for the fourth consecutive year after three years of decline. In general, consumption enjoyed a resilient expansion. The level of consumption peaked in and is expected to retain growth in the near future.

In value terms, drawing chalk production reduced markedly to $ in estimated in export price. Over the period under review, production saw a pronounced decrease. The most prominent rate of growth was recorded in with an increase of % against the previous year. Over the period under review, production hit record highs at $ in 2008; however, from 2009 to , production failed to regain momentum.

The country with the largest volume of drawing chalk production was Belarus ( tons), accounting for % of total volume. Moreover, drawing chalk production in Belarus exceeded the figures recorded by the second-largest producer, Tajikistan ( tons), twofold.

From 2007 to , the average annual rate of growth in terms of volume in Belarus stood at +%.


Consumption
In , consumption of pastels, drawing charcoals, writing or drawing chalks increased by % to tons, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption saw strong growth. Over the period under review, consumption hit record highs in and is likely to see gradual growth in years to come.

The value of the drawing chalk market in the CIS totaled $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed resilient growth. Over the period under review, the market hit record highs in and is expected to retain growth in the immediate term.


Consumption by Country
Russia ( tons) constituted the country with the largest volume of drawing chalk consumption, comprising approx. % of total volume. Moreover, drawing chalk consumption in Russia exceeded the figures recorded by the second-largest consumer, Belarus ( tons), sixfold. The third position in this ranking was taken by Tajikistan ( tons), with a % share.

In Russia, drawing chalk consumption increased at an average annual rate of +% over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: Belarus (-% per year) and Tajikistan (-% per year).

In value terms, Russia ($) led the market, alone. The second position in the ranking was held by Tajikistan ($). It was followed by Kazakhstan.

From 2007 to , the average annual rate of growth in terms of value in Russia amounted to +%. The remaining consuming countries recorded the following average annual rates of market growth: Tajikistan (-% per year) and Kazakhstan (+% per year).

From 2007 to , the average annual growth rate of the drawing chalk per capita consumption in No country was relatively modest.


Market Forecast
Driven by increasing demand for drawing chalk in the CIS, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .