Pakistan - Hand-Made Lace In The Piece, In Strips Or In Motifs - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Pakistan - Hand-Made Lace In The Piece, In Strips Or In Motifs - Market Analysis, Forecast, Size, Trends And Insights

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Hand-Made Lace Price in Pakistan - 2023

Contents:

  1. Hand-Made Lace Price in Pakistan (FOB) - 2022
  2. Hand-Made Lace Price in Pakistan (CIF) - 2022
  3. Hand-Made Lace Exports in Pakistan
  4. Hand-Made Lace Imports in Pakistan

Hand-Made Lace Price in Pakistan (FOB) - 2022

The average hand-made lace export price stood at $4,135 per ton in 2022, with a decrease of -1.8% against the previous year. Overall, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hand-made lace export price increased by +118.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 122% against the previous year. As a result, the export price reached the peak level of $4,209 per ton, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($10,536 per ton), while the average price for exports to the United Arab Emirates ($2,336 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 (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hand-Made Lace Price in Pakistan (CIF) - 2022

In 2022, the average hand-made lace import price amounted to $2,903 per ton, surging by 14% against the previous year. Over the period under review, the import price showed perceptible growth. The pace of growth appeared the most rapid in 2018 an increase of 105%. As a result, import price reached the peak level of $6,605 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($3,034 per ton), while the price for China stood at $2,899 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Hand-Made Lace Exports in Pakistan

In 2022, overseas shipments of hand-made lace in the piece, in strips or in motifs decreased by -56.8% to 24 tons, falling for the second consecutive year after two years of growth. In general, exports faced a precipitous decrease. The growth pace was the most rapid in 2020 with an increase of 123%. As a result, the exports attained the peak of 682 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hand-made lace exports reduced sharply to $100K in 2022. Overall, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of $1.3M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Hand-Made Lace in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates16258169.738.6-38.0%
Saudi Arabia28026038.427.0-54.1%
United Kingdom23014826.619.0-56.4%
Malaysia16.189.840.411.9-9.6%
NigeriaN/A166N/AN/A0%
Mozambique88.5N/AN/AN/A0%
South Africa74.3N/AN/AN/A0%
Others82.246.960.83.8-64.1%
Total9331,291236100-52.5%

Top Export Markets for Hand-Made Lace from Pakistan in 2022:

  1. United Arab Emirates (16.5 tons)
  2. Saudi Arabia (3.0 tons)
  3. Malaysia (2.4 tons)
  4. United Kingdom (1.8 tons)

Hand-Made Lace Imports in Pakistan

In 2022, approx. 8.7 tons of hand-made lace in the piece, in strips or in motifs were imported into Pakistan; picking up by 30% compared with 2021 figures. In general, imports, however, continue to indicate a slight decline.

In value terms, hand-made lace imports soared to $25K in 2022. Over the period under review, imports, however, saw a abrupt downturn.

Import of Hand-Made Lace in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China34.25.316.124.6-10.4%
Hong Kong SAR0.50.30.60.711.9%
Sri LankaN/A8.8N/AN/A0%
United Arab EmiratesN/A10.9N/AN/A0%
OthersN/AN/A0.4N/A0%
Total34.725.217.125.3-10.0%

Top Suppliers of Hand-Made Lace to Pakistan in 2022:

  1. China (8.5 tons)
  2. Hong Kong SAR (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hand-made lace 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 13991170 - Hand-made lace in the piece, in strips or in motifs

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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