Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan - 2023

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan (CIF) - 2022

In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $268,409 per ton, surging by 20% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for balances; of a sensitivity of 5cg or better, with or without weightses increased by +86.9% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of 20%. The import price peaked in 2022 and is expected to retain growth in years to come.

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 the Philippines ($250,454 per ton), while the price for Poland ($114,791 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $1,003,176 per ton, standing approx. at the previous year. Overall, the export price posted significant growth. The most prominent rate of growth was recorded in 2019 an increase of 8.5%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,595,333 per ton), while the average price for exports to South Korea ($21,000 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 Germany (+15.0%).

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses imported into Pakistan surged to 5.2 tons, jumping by 129% compared with the previous year. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $795K in 2022. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Pakistan in 2022:

1. China (2106.0 kg)
2. Switzerland (1538.0 kg)
3. Philippines (447.0 kg)
4. Germany (288.0 kg)
5. Poland (282.0 kg)
6. United States (152.0 kg)
7. Japan (115.0 kg)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Pakistan

For the third year in a row, Pakistan recorded decline in shipments abroad of balances; of a sensitivity of 5cg or better, with or without weightses, which decreased by 0% to 6 kg in 2022. Overall, exports continue to indicate a precipitous descent. The smallest decline of -66.1% was in 2020.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses stood at $5K in 2022. In general, exports saw a sharp shrinkage. The smallest decline of -65.1% was in 2020.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Pakistan in 2022:

1. Netherlands (3.0 kg)
2. Sri Lanka (2.0 kg)
3. South Korea (1.0 kg)

Source: IndexBox Market Intelligence Platform