Life-Jackets and Life-Belts Price in Pakistan - 2023

Contents:

  1. Life-Jackets and Life-Belts Price in Pakistan (CIF) - 2022
  2. Life-Jackets and Life-Belts Price in Pakistan (FOB) - 2022
  3. Life-Jackets and Life-Belts Imports in Pakistan
  4. Life-Jackets and Life-Belts Exports in Pakistan

Life-Jackets and Life-Belts Price in Pakistan (CIF) - 2022

The average life-jackets and life-belts import price stood at $31,775 per ton in 2022, reducing by -12.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 25%. As a result, import price reached the peak level of $38,814 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($37,328 per ton), while the price for Canada ($16,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Life-Jackets and Life-Belts Price in Pakistan (FOB) - 2022

In 2022, the average life-jackets and life-belts export price amounted to $35,350 per ton, falling by -22% against the previous year. In general, the export price continues to indicate a slight descent. The growth pace was the most rapid in 2019 when the average export price increased by 68%. Over the period under review, the average export prices attained the peak figure at $45,306 per ton in 2021, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($47,993 per ton), while the average price for exports to the United Arab Emirates ($8,906 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 Greece (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.

Life-Jackets and Life-Belts Imports in Pakistan

In 2022, after two years of decline, there was significant growth in overseas purchases of life-jackets and life-beltses, when their volume increased by 45% to 19 tons. Overall, imports, however, showed a noticeable decline.

In value terms, life-jackets and life-belts imports soared to $607K in 2022. Over the period under review, imports, however, recorded a slight reduction.

Import of Life-Jackets and Life-Belts in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China426287252355-5.9%
United States40.981.549.763.215.6%
Slovakia86.330.441.058.2-12.3%
Czech Republic7.90.432.237.267.6%
Taiwan (Chinese)1.36.426.230.2185.3%
Canada34.71.713.918.6-18.8%
United Arab Emirates20.47.914.116.3-7.2%
South AfricaN/A92.313.4N/A-85.5%
Others23.523.033.928.26.3%
Total641530476607-1.8%

Top Suppliers of Life-Jackets and Life-Belts to Pakistan in 2022:

  1. China (9.5 tons)
  2. Czech Republic (1.9 tons)
  3. United States (1.7 tons)
  4. Taiwan (Chinese) (1.6 tons)
  5. Slovakia (1.6 tons)
  6. Canada (1.1 tons)
  7. United Arab Emirates (0.6 tons)

Life-Jackets and Life-Belts Exports in Pakistan

In 2022, after two years of decline, there was significant growth in shipments abroad of life-jackets and life-beltses, when their volume increased by 64% to 4.9 tons. In general, exports, however, continue to indicate a dramatic slump.

In value terms, life-jackets and life-belts exports soared to $174K in 2022. Over the period under review, exports, however, faced a abrupt decline.

Export of Life-Jackets and Life-Belts in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States19911051.5102-20.0%
Germany4.448.336.428.987.3%
United Arab Emirates40.44.90.413.5-30.6%
Canada13.411.84.88.4-14.4%
Netherlands3.020.61.76.730.7%
Italy0.811.04.64.375.2%
Japan5.73.64.23.8-12.6%
Saudi Arabia20.723.1N/AN/A11.6%
Others10.565.332.16.6-14.3%
Total298299136174-16.4%

Top Export Markets for Life-Jackets and Life-Belts from Pakistan in 2022:

  1. United States (2160.0 kg)
  2. United Arab Emirates (1517.0 kg)
  3. Germany (615.0 kg)
  4. Canada (177.0 kg)
  5. Netherlands (139.0 kg)
  6. Italy (91.0 kg)
  7. Japan (80.0 kg)

Source: IndexBox Market Intelligence Platform

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