Pakistan - Herbicides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHerbicide Price in Pakistan - 2023
Contents:
- Herbicide Price in Pakistan (CIF) - 2023
- Herbicide Price in Pakistan (FOB) - 2022
- Herbicide Imports in Pakistan
- Herbicide Exports in Pakistan
Herbicide Price in Pakistan (CIF) - 2023
The average herbicide import price stood at $5,076 per ton in February 2023, growing by 14% against the previous month. Overall, the import price, however, showed a pronounced downturn. The most prominent rate of growth was recorded in October 2022 an increase of 16% m-o-m. The import price peaked at $9,755 per ton in March 2022; however, from April 2022 to February 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($7,212 per ton), while the price for China stood at $4,444 per ton.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Malaysia (-0.6%), while the prices for the other major suppliers experienced a decline.
Herbicide Price in Pakistan (FOB) - 2022
The average herbicide export price stood at $5,870 per ton in 2022, increasing by 41% against the previous year. Over the period under review, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 85% against the previous year. Over the period under review, the average export prices reached the maximum at $6,618 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($7,805 per ton), while the average price for exports to the Netherlands totaled $5,713 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Herbicide Imports in Pakistan
In 2022, imports of herbicides into Pakistan soared to 19K tons, picking up by 18% on the previous year's figure. In general, imports, however, showed a relatively flat trend pattern.
In value terms, herbicide imports surged to $119M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Herbicide in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.2 | 20.9 | 28.5 | 28.7 | 14.3% |
| United States | 10.7 | 8.7 | 6.3 | 10.3 | -1.3% |
| Germany | 3.3 | 4.2 | 3.6 | 4.0 | 6.6% |
| India | 4.4 | 3.8 | 3.6 | 3.4 | -8.2% |
| Vietnam | 1.9 | 1.3 | 2.0 | 2.0 | 1.7% |
| France | 3.0 | 1.8 | 1.8 | 1.6 | -18.9% |
| Malaysia | 0.2 | 1.5 | 1.4 | 1.4 | 91.3% |
| Others | 47.2 | 46.0 | 51.7 | 67.3 | 12.6% |
| Total | 89.9 | 88.3 | 99.0 | 119 | 9.8% |
Top Suppliers of Herbicide to Pakistan in 2022:
- China (6.1K tons)
- India (0.8K tons)
- United States (0.7K tons)
- Malaysia (0.4K tons)
- Vietnam (0.3K tons)
- France (0.2K tons)
- Germany (0.2K tons)
Herbicide Exports in Pakistan
After three years of growth, shipments abroad of herbicides decreased by -61.8% to 62 tons in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,307% against the previous year.
In value terms, herbicide exports contracted remarkably to $366K in 2022. In general, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 1,161% against the previous year. As a result, the exports attained the peak of $679K, and then shrank markedly in the following year.
| Export of Herbicide in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 22.2 | 299 | 165 | 272.2% |
| Bangladesh | 0.6 | 3.4 | 36.8 | 16.2 | 200.0% |
| United Arab Emirates | N/A | 1.1 | N/A | N/A | 0% |
| Others | 6.8 | 27.2 | 343 | 185 | 200.8% |
| Total | 10.6 | 53.8 | 679 | 366 | 225.6% |
Top Export Markets for Herbicide from Pakistan in 2022:
- Netherlands (28.9 tons)
- Bangladesh (2.1 tons)
This report provides an in-depth analysis of the herbicide 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 20201220 - Herbicides based on phenoxy-phytohormone products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201230 - Herbicides based on triazines, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201240 - Herbicides based on amides, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201250 - Herbicides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201260 - Herbicides based on dinitroanilines derivatives, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201270 - Herbicides based on urea, uracil and sulphonylurea, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201290 - Herbicides p.r.s. or as preparations/articles excluding based on phenoxy-phytohormones, triazines, amides, carbamates, d initroanaline derivatives, urea, uracil, sulphonylurea
- Prodcom 20201350 - Anti-sprouting products put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201370 - Plant-growth regulators put up in forms or packings for retail sale or as preparations or articles
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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