Pakistan - Base Metal Hooks, Eyes And Eyelets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hook Price in Pakistan - 2023
Contents:
- Base Metal Hook Price in Pakistan (CIF) - 2023
- Base Metal Hook Price in Pakistan (FOB) - 2022
- Base Metal Hook Imports in Pakistan
- Base Metal Hook Exports in Pakistan
Base Metal Hook Price in Pakistan (CIF) - 2023
In February 2023, the average base metal hook import price amounted to $3,005 per ton, declining by -6.1% against the previous month. Overall, the import price showed a slight slump. The most prominent rate of growth was recorded in March 2022 when the average import price increased by 103% against the previous month. The import price peaked at $7,752 per ton in April 2022; however, from May 2022 to February 2023, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From February 2022 to February 2023, the rate of growth in terms of prices for China amounted to -1.7% per month.
Base Metal Hook Price in Pakistan (FOB) - 2022
The average base metal hook export price stood at $2,585 per ton in 2022, waning by -16.3% against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, base metal hook export price decreased by -36.6% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 42%. The export price peaked at $4,644 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,934 per ton), while the average price for exports to Oman ($1,287 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Base Metal Hook Imports in Pakistan
In 2022, overseas purchases of base metal hooks, eyes and eyelets decreased by -40.2% to 874 tons, falling for the second consecutive year after two years of growth. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 207%. As a result, imports reached the peak of 1.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, base metal hook imports shrank to $4.6M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $5.5M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Base Metal Hook in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 5.3 | 4.9 | 4.3 | 9.2% |
| South Korea | 0.1 | 0.1 | 0.2 | 0.1 | 0.0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.5 | 5.5 | 5.2 | 4.6 | 9.5% |
Top Suppliers of Base Metal Hook to Pakistan in 2022:
- China (843.2 tons)
- South Korea (18.4 tons)
Base Metal Hook Exports in Pakistan
In 2022, the amount of base metal hooks, eyes and eyelets exported from Pakistan dropped sharply to 8.2 tons, waning by -46.4% on 2021 figures. In general, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 95% against the previous year. As a result, the exports attained the peak of 15 tons, and then contracted dramatically in the following year.
In value terms, base metal hook exports dropped markedly to $21K in 2022. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 47% against the previous year. As a result, the exports attained the peak of $47K, and then dropped notably in the following year.
| Export of Base Metal Hook in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.3 | 3.0 | 24.4 | 12.3 | 32.4% |
| United States | 14.9 | 10.9 | 9.4 | 5.7 | -27.4% |
| United Arab Emirates | 2.9 | 3.0 | 3.8 | 1.9 | -13.1% |
| Germany | 1.0 | 1.7 | 1.0 | 0.6 | -15.7% |
| South Africa | N/A | 5.9 | N/A | N/A | 0% |
| Madagascar | 2.4 | N/A | N/A | N/A | 0% |
| Canada | 5.4 | N/A | N/A | N/A | 0% |
| Others | 1.4 | 7.5 | 8.6 | 0.6 | -24.6% |
| Total | 33.4 | 32.1 | 47.3 | 21.2 | -14.1% |
Top Export Markets for Base Metal Hook from Pakistan in 2022:
- United Kingdom (5.0 tons)
- United States (2.1 tons)
- United Arab Emirates (0.7 tons)
- Germany (0.3 tons)
This report provides an in-depth analysis of the base metal hook 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 25992530 - Base metal hooks, eyes, eyelets and the like, used for clothing, footwear, awnings, handbags, travel goods or other made-up articles excluding snap hooks, rivets, press studs and push buttons
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
-
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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