Pakistan - Baths Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Bath Price in Pakistan - 2023
Contents:
- Metal Bath Price in Pakistan (CIF) - 2023
- Metal Bath Price in Pakistan (FOB) - 2022
- Metal Bath Imports in Pakistan
- Metal Bath Exports in Pakistan
Metal Bath Price in Pakistan (CIF) - 2023
In February 2023, the average metal bath import price amounted to $113 per unit, reducing by -25.7% against the previous month. Overall, the import price, however, showed a measured increase. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 33% m-o-m. As a result, import price reached the peak level of $152 per unit, and then dropped notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($164 per unit), while the price for South Korea ($102 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Bath Price in Pakistan (FOB) - 2022
In 2021, the average metal bath export price amounted to $2.8 per unit, with an increase of 5.6% against the previous year. Over the period under review, the export price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by 94% against the previous year. As a result, the export price reached the peak level of $6.1 per unit. From 2018 to 2021, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($6.4 per unit), while the average price for exports to Australia ($1.7 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Bath Imports in Pakistan
In 2022, approx. 611K units of baths of iron or steel were imported into Pakistan; shrinking by -38.6% on the previous year's figure. Overall, imports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 86% against the previous year. As a result, imports reached the peak of 995K units, and then fell significantly in the following year.
In value terms, metal bath imports contracted to $2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $2.1M, and then dropped modestly in the following year.
Import of Metal Bath in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 1,074 | 946 | 1,477 | 17.3% | |
Germany | 148 | 95.9 | 173 | 8.1% | |
Spain | 141 | 97.5 | 158 | 5.9% | |
Turkey | 187 | 99.9 | 111 | -23.0% | |
Italy | 65.9 | 57.6 | 72.6 | 5.0% | |
Others | 88.6 | 25.6 | 63.0 | -15.7% | |
Total | 1,704 | 1,322 | 2,055 | 9.8% |
Top Suppliers of Metal Bath to Pakistan in 2022:
- China (788.6K units)
- Germany (57.4K units)
- Spain (55.4K units)
- Turkey (44.8K units)
- Italy (27.1K units)
Metal Bath Exports in Pakistan
In 2022, after two years of decline, there was significant growth in shipments abroad of baths of iron or steel, when their volume increased by 241% to 78K units. Overall, exports, however, continue to indicate a mild slump. The exports peaked at 81K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, metal bath exports surged to $335K in 2022. Over the period under review, exports saw a perceptible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Metal Bath in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United Arab Emirates | 1.8 | 4.5 | 32.8 | 326.9% | |
Saudi Arabia | 247 | 48.9 | 19.4 | -72.0% | |
Germany | 0.2 | 0.2 | 6.1 | 452.3% | |
Australia | N/A | N/A | 4.0 | 0% | |
Malawi | 15.2 | N/A | N/A | 0% | |
Somalia | N/A | 12.2 | N/A | 0% | |
South Africa | N/A | 5.5 | N/A | 0% | |
Bahrain | 33.5 | N/A | N/A | 0% | |
Others | 2.5 | 7.8 | 1.4 | -25.2% | |
Total | 300 | 79.1 | 63.7 | -53.9% |
Top Export Markets for Metal Bath from Pakistan in 2022:
- Saudi Arabia (11.0K units)
- United Arab Emirates (8.3K units)
- Australia (2.3K units)
- Germany (1.0K units)
This report provides an in-depth analysis of the metal bath market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25991127 - Baths of iron or steel
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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