Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan - 2023

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan (CIF) - 2023
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan (CIF) - 2023

In June 2023, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,254 per ton, growing by 6.7% against the previous month. Overall, the import price, however, showed a pronounced slump. The pace of growth appeared the most rapid in May 2023 an increase of 58% month-to-month. Over the period under review, average import prices reached the peak figure at $4,321 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($2,492 per ton), while the price for Taiwan (Chinese) ($2,027 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-0.4%), while the prices for the other major suppliers experienced a decline.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,273 per ton, dropping by -54% against the previous year. Over the period under review, the export price recorded a slight slump. The growth pace was the most rapid in 2017 when the average export price increased by 109%. Over the period under review, the average export prices hit record highs at $4,945 per ton in 2021, and then plummeted in the following year.

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 United States ($4,030 per ton), while the average price for exports to South Africa amounted to $1,380 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+24.5%).

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan

In 2022, the amount of felt; whether or not impregnated, coated, covered or laminateds imported into Pakistan dropped notably to 1.2K tons, with a decrease of -31.5% compared with 2021. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 36%.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds shrank rapidly to $3.5M in 2022. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 33%.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Pakistan in 2022:

1. China (913.7 tons)
2. Japan (98.5 tons)
3. Turkey (87.3 tons)
4. Taiwan (Chinese) (73.2 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Pakistan

In 2022, shipments abroad of felt; whether or not impregnated, coated, covered or laminateds decreased by -21.4% to 112 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 132% against the previous year. As a result, the exports attained the peak of 402 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds contracted sharply to $256K in 2022. In general, exports showed a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 146%. As a result, the exports attained the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Pakistan in 2022:

1. South Africa (76.8 tons)
2. United States (33.1 tons)

Source: IndexBox Market Intelligence Platform