Pakistan - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Pakistan - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights

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Carboxylic Acid Price in Pakistan - 2023

Contents:

  1. Carboxylic Acid Price in Pakistan (CIF) - 2023
  2. Carboxylic Acid Price in Pakistan (FOB) - 2022
  3. Carboxylic Acid Imports in Pakistan
  4. Carboxylic Acid Exports in Pakistan

Carboxylic Acid Price in Pakistan (CIF) - 2023

In February 2023, the average carboxylic acid import price amounted to $4,794 per ton, waning by -34.7% against the previous month. Overall, the import price continues to indicate a slight decrease. The pace of growth appeared the most rapid in July 2022 an increase of 34% against the previous month. Over the period under review, average import prices reached the peak figure at $7,340 per ton in January 2023, and then declined dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8,770 per ton), while the price for Italy ($1,727 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Carboxylic Acid Price in Pakistan (FOB) - 2022

The average carboxylic acid export price stood at $2,591 per ton in 2022, shrinking by -4.4% against the previous year. Over the period under review, the export price saw a noticeable slump. The most prominent rate of growth was recorded in 2018 an increase of 198% against the previous year. The export price peaked at $4,073 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +113.3% per year.

Carboxylic Acid Imports in Pakistan

In 2022, overseas purchases of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -27.7% to 3.8K tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated perceptible growth from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 39% against the previous year.

In value terms, carboxylic acid imports contracted modestly to $24M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 33% against the previous year. As a result, imports attained the peak of $26M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Carboxylic Acid in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.73.85.75.212.0%
Netherlands5.17.14.85.10.0%
China4.05.55.44.97.0%
Mexico0.94.33.53.252.6%
Japan0.91.01.61.518.6%
South Korea0.70.50.90.84.6%
Germany0.70.60.80.70.0%
Italy0.60.50.60.60.0%
United States0.70.80.30.5-10.6%
United Arab Emirates0.40.50.40.40.0%
Belgium0.20.50.30.314.5%
Spain0.30.40.30.30.0%
Thailand0.20.20.20.20.0%
Others1.40.90.80.9-13.7%
Total19.826.325.524.57.4%

Top Suppliers of Carboxylic Acid to Pakistan in 2022:

  1. China (1031.1 tons)
  2. Netherlands (967.7 tons)
  3. India (672.5 tons)
  4. Japan (217.4 tons)
  5. South Korea (151.0 tons)
  6. United Arab Emirates (111.4 tons)
  7. Italy (109.2 tons)
  8. United States (88.2 tons)
  9. Germany (82.7 tons)
  10. Thailand (81.0 tons)
  11. Belgium (73.1 tons)
  12. Mexico (59.9 tons)
  13. Spain (54.5 tons)

Carboxylic Acid Exports in Pakistan

In 2022, carboxylic acid exports from Pakistan amounted to 19 tons, surging by 7.3% against the previous year's figure. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, carboxylic acid exports expanded modestly to $49K in 2022. Overall, exports saw buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 157%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Carboxylic Acid in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Armenia0.1N/A0.548.8687.3%
TajikistanN/AN/A42.2N/A0%
Yemen40.9N/AN/AN/A0%
EthiopiaN/A18.5N/AN/A0%
AngolaN/AN/A4.8N/A0%
OthersN/AN/AN/AN/A0%
Total41.018.547.548.86.0%

Top Export Markets for Carboxylic Acid from Pakistan in 2022:

  1. Armenia (18.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carboxylic acid 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 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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