Price for Asbestos, Other than Crocidolite in Pakistan - 2023

Contents:

1. Price for Asbestos, Other than Crocidolite in Pakistan (CIF) - 2022
2. Imports of Asbestos, Other than Crocidolite in Pakistan

Price for Asbestos, Other than Crocidolite in Pakistan (CIF) - 2022

In 2022, the average asbestos, other than crocidolite import price amounted to $647 per ton, surging by 17% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, asbestos, other than crocidolite import price decreased by -2.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 53%. As a result, import price reached the peak level of $661 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Russia ($706 per ton), while the price for China stood at $460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Asbestos, Other than Crocidolite in Pakistan

After two years of decline, overseas purchases of asbestos, other than crocidolites increased by 5.1% to 1.7K tons in 2022. Overall, imports, however, saw a precipitous shrinkage.

In value terms, asbestos, other than crocidolite imports skyrocketed to $1.1M in 2022. Over the period under review, imports, however, showed a sharp decrease.

Top Suppliers of Asbestos, Other than Crocidolite to Pakistan in 2022:

1. Russia (1265.0 tons)
2. China (414.0 tons)

Source: IndexBox Market Intelligence Platform