Pakistan - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Pakistan - 2023
Contents:
- Plastic Furniture Fittings Price in Pakistan (CIF) - 2022
- Plastic Furniture Fittings Price in Pakistan (FOB) - 2022
- Plastic Furniture Fittings Imports in Pakistan
- Plastic Furniture Fittings Exports in Pakistan
Plastic Furniture Fittings Price in Pakistan (CIF) - 2022
The average plastic furniture fittings import price stood at $4,182 per ton in 2022, falling by -41.5% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 59%. As a result, import price attained the peak level of $9,711 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($4,924 per ton), while the price for China ($1,608 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Furniture Fittings Price in Pakistan (FOB) - 2022
In 2022, the average plastic furniture fittings export price amounted to $3,914 per ton, dropping by -3.6% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 114% against the previous year. As a result, the export price reached the peak level of $8,088 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($24,320 per ton), while the average price for exports to Egypt ($1,768 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 Egypt (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Furniture Fittings Imports in Pakistan
In 2022, imports of plastic fittings for furniture into Pakistan skyrocketed to 34 tons, jumping by 40% compared with 2021. Overall, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 60%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, plastic furniture fittings imports shrank dramatically to $144K in 2022. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2021 with an increase of 145%. As a result, imports attained the peak of $175K, and then contracted markedly in the following year.
| Import of Plastic Furniture Fittings in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 69.4 | 46.1 | 74.6 | 110 | 16.6% |
| Japan | 20.1 | 20.8 | 15.8 | 22.8 | 4.3% |
| China | 9.4 | 1.7 | 3.5 | 5.1 | -18.4% |
| South Korea | 0.9 | 0.8 | 1.1 | 1.6 | 21.1% |
| Kuwait | 0.4 | N/A | N/A | N/A | 0% |
| Others | 6.1 | 2.1 | 80.2 | 3.9 | -13.9% |
| Total | 106 | 71.4 | 175 | 144 | 10.8% |
Top Suppliers of Plastic Furniture Fittings to Pakistan in 2022:
- Thailand (22.4 tons)
- Japan (7.2 tons)
- China (3.2 tons)
- South Korea (0.5 tons)
Plastic Furniture Fittings Exports in Pakistan
In 2022, shipments abroad of plastic fittings for furniture decreased by -16.4% to 12 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year.
In value terms, plastic furniture fittings exports declined remarkably to $46K in 2022. Overall, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 64%.
| Export of Plastic Furniture Fittings in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.1 | 11.1 | 17.9 | 15.5 | 437.2% |
| United Arab Emirates | N/A | N/A | N/A | 8.8 | 0% |
| United Kingdom | 0.1 | 6.2 | 1.8 | 7.7 | 325.4% |
| Qatar | 2.3 | 3.9 | 5.0 | 3.6 | 16.1% |
| Egypt | 1.8 | 1.5 | 1.3 | 1.0 | -17.8% |
| Oman | 2.9 | 1.8 | 1.3 | 0.8 | -34.9% |
| Saudi Arabia | 1.6 | 0.1 | 0.7 | 0.5 | -32.1% |
| Tajikistan | N/A | N/A | 8.5 | N/A | 0% |
| Nigeria | N/A | N/A | 3.5 | N/A | 0% |
| Others | 12.5 | 10.2 | 17.0 | 7.9 | -14.2% |
| Total | 21.3 | 34.8 | 56.9 | 45.8 | 29.1% |
Top Export Markets for Plastic Furniture Fittings from Pakistan in 2022:
- Canada (4.3 tons)
- United Arab Emirates (3.8 tons)
- Qatar (1.7 tons)
- Egypt (0.6 tons)
- Oman (0.4 tons)
- United Kingdom (0.3 tons)
- Saudi Arabia (0.1 tons)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or 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
-
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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