Pakistan - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in Pakistan - 2023
Contents:
- Metal Wool Price in Pakistan (CIF) - 2022
- Metal Wool Price in Pakistan (FOB) - 2022
- Metal Wool Imports in Pakistan
- Metal Wool Exports in Pakistan
Metal Wool Price in Pakistan (CIF) - 2022
In 2022, the average metal wool import price amounted to $1,842 per ton, falling by -14% against the previous year. Over the period under review, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2016 an increase of 57%. Over the period under review, average import prices attained the peak figure at $6,354 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.4% per year.
Metal Wool Price in Pakistan (FOB) - 2022
In 2022, the average metal wool export price amounted to $3,171 per ton, approximately equating the previous year. Overall, the export price, however, saw a noticeable shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 32% against the previous year. The export price peaked at $4,033 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,919 per ton), while the average price for exports to Oman ($893 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 Bangladesh (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Metal Wool Imports in Pakistan
In 2022, approx. 300 tons of iron or steel wool were imported into Pakistan; waning by -54% on the previous year. Overall, imports showed a dramatic decrease. The smallest decline of -1.8% was in 2020.
In value terms, metal wool imports contracted sharply to $552K in 2022. Over the period under review, imports faced a dramatic decrease. The smallest decline of -16.1% was in 2020.
| Import of Metal Wool in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 2.1 | 1.4 | 0.5 | -41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.6 | 2.2 | 1.4 | 0.6 | -38.7% |
Top Suppliers of Metal Wool to Pakistan in 2022:
- China (299.3 tons)
Metal Wool Exports in Pakistan
In 2022, approx. 59 tons of iron or steel wool were exported from Pakistan; jumping by 258% compared with the previous year's figure. Over the period under review, exports, however, showed a abrupt shrinkage.
In value terms, metal wool exports surged to $188K in 2022. In general, exports saw a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metal Wool in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 45.2 | 1.4 | 20.4 | 73.1 | 17.4% |
| Canada | 12.3 | 3.4 | 13.6 | 44.4 | 53.4% |
| United Kingdom | 4.6 | 3.4 | 9.5 | 31.0 | 88.9% |
| United Arab Emirates | 4.9 | 11.7 | 0.7 | 25.6 | 73.5% |
| Australia | 1.9 | 5.0 | 0.6 | 11.0 | 79.6% |
| Oman | 1.7 | 0.1 | 0.5 | 2.5 | 13.7% |
| Nigeria | 19.3 | N/A | N/A | N/A | 0% |
| Trinidad and Tobago | 2.7 | N/A | N/A | N/A | 0% |
| France | 75.5 | N/A | N/A | N/A | 0% |
| Others | 15.1 | 4.6 | 7.1 | N/A | -31.4% |
| Total | 183 | 29.5 | 52.3 | 188 | 0.9% |
Top Export Markets for Metal Wool from Pakistan in 2022:
- Canada (24.5 tons)
- United States (14.9 tons)
- United Arab Emirates (7.2 tons)
- United Kingdom (7.1 tons)
- Oman (2.8 tons)
- Australia (2.7 tons)
This report provides an in-depth analysis of the metal wool 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
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
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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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