Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan - 2023

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan (CIF) - 2022

In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,149 per ton, surging by 19% against the previous year. Overall, the import price, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2016 an increase of 56% against the previous year. As a result, import price reached the peak level of $2,411 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

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 Portugal ($4,076 per ton), while the price for Iran ($781 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan (FOB) - 2022

In 2022, the average export price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,095 per ton, which is down by -9.7% against the previous year. Overall, the export price showed a noticeable decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 76%. The export price peaked at $1,432 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -2.6% per year.

Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan

Cyclic hydrocarbons; mixed xylene isomers imports into Pakistan surged to 660 tons in 2022, growing by 290% compared with 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cyclic hydrocarbons; mixed xylene isomers imports surged to $758K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Iran	153	274	116	421	40.1%
Singapore	22.2	42.2	19.0	73.3	48.9%
South Korea	6.5	41.6	4.2	30.2	66.9%
Taiwan (Chinese)	9.1	7.5	4.7	19.9	29.8%
Saudi Arabia	6.2	11.0	4.4	18.5	44.0%
Netherlands	93.3	4.9	4.3	16.5	-43.9%
Others	25.6	33.7	10.7	179	91.2%
Total	316	415	163	758	33.9%

Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Pakistan in 2022:

Iran (539.1 tons)
South Korea (29.7 tons)
Taiwan (Chinese) (20.9 tons)
Singapore (18.2 tons)
Netherlands (13.9 tons)
Saudi Arabia (10.4 tons)

Exports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Pakistan

After two years of decline, overseas shipments of cyclic hydrocarbons; mixed xylene isomerses increased by 8.6% to 33 tons in 2022. Over the period under review, exports, however, continue to indicate a abrupt decline.

In value terms, cyclic hydrocarbons; mixed xylene isomers exports contracted slightly to $36K in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 4.2% against the previous year.