Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan - 2023
Contents:
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (CIF) - 2023
- Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (FOB) - 2022
- Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan
- Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (CIF) - 2023
The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $2,079 per ton in July 2023, falling by -40.4% against the previous month. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in January 2023 an increase of 14% m-o-m. Over the period under review, average import prices reached the maximum at $5,889 per ton in October 2022; however, from November 2022 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to July 2023, the rate of growth in terms of prices for China amounted to -9.0% per month.
Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (FOB) - 2022
The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $2,232 per ton in 2022, with an increase of 7.6% against the previous year. In general, the export price, however, showed a noticeable setback. The growth pace was the most rapid in 2017 when the average export price increased by 30%. As a result, the export price reached the peak level of $4,852 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($5,190 per ton), while the average price for exports to Afghanistan ($1,537 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 Thailand (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan
Imports of footwear; parts, outer soles and heels, of rubber or plasticses into Pakistan soared to 3.1K tons in 2022, growing by 44% on 2021 figures. Overall, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 130% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $7.3M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 90%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.7 | 2.8 | 5.3 | 7.2 | 24.8% |
| Others | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Total | 3.8 | 2.8 | 5.3 | 7.3 | 24.3% |
Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Pakistan in 2022:
- China (3.1K tons)
Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan
Exports of footwear; parts, outer soles and heels, of rubber or plasticses from Pakistan surged to 346 tons in 2022, increasing by 120% compared with 2021 figures. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 521% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $772K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 463% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in years to come.
| Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 312 | 8.9 | 185 | 587 | 23.5% |
| Argentina | N/A | N/A | N/A | 75.3 | 0% |
| Saudi Arabia | 0.5 | 32.9 | 63.3 | 57.8 | 387.1% |
| Denmark | N/A | N/A | 20.5 | 16.1 | -21.5% |
| Afghanistan | N/A | 0.3 | 1.8 | 10.6 | 494.4% |
| United States | 15.5 | N/A | 12.2 | 7.1 | -22.9% |
| Others | 29.0 | 15.9 | 43.7 | 17.7 | -15.2% |
| Total | 357 | 58.0 | 327 | 772 | 29.3% |
Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Pakistan in 2022:
- Sri Lanka (272.2 tons)
- Saudi Arabia (35.6 tons)
- Argentina (14.5 tons)
- Denmark (7.5 tons)
- Afghanistan (6.9 tons)
- United States (3.1 tons)
251
This report provides an in-depth analysis of the market for outer rubber or plastic heels in Pakistan.
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Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
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This report provides an in-depth analysis of the market for outer rubber or plastic heels in Pakistan.
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Global Market for Outer Rubber Or Plastic Heels. This report provides an in-depth analysis of the global market for outer rubber or plastic heels.
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