Pakistan - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 18, 2024

Pakistan - Iron or Steel Leaf-Springs and Leaves - Market Analysis, Forecast, Size, Trends And Insights

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Price for Iron or Steel Leaf-Spring in Pakistan - 2023

Contents:

  1. Price for Iron or Steel Leaf-Spring in Pakistan (CIF) - 2022
  2. Price for Iron or Steel Leaf-Spring in Pakistan (FOB) - 2022
  3. Imports of Iron or Steel Leaf-Spring in Pakistan
  4. Exports of Iron or Steel Leaf-Spring in Pakistan

Price for Iron or Steel Leaf-Spring in Pakistan (CIF) - 2022

The average iron or steel leaf-spring import price stood at $3,303 per ton in 2022, reducing by -5.8% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 46%. As a result, import price attained the peak level of $5,620 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($4,520 per ton), while the price for China ($2,523 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Leaf-Spring in Pakistan (FOB) - 2022

The average iron or steel leaf-spring export price stood at $3,215 per ton in 2022, remaining stable against the previous year. In general, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average export price increased by 97% against the previous year. The export price peaked at $4,470 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($6,830 per ton), while the average price for exports to Madagascar ($582 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 Russia (+18.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Iron or Steel Leaf-Spring in Pakistan

Iron or steel leaf-spring imports into Pakistan contracted significantly to 284 tons in 2022, waning by -26.1% on 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, imports reached the peak of 385 tons, and then fell notably in the following year.

In value terms, iron or steel leaf-spring imports declined rapidly to $939K in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of $1.3M, and then dropped significantly in the following year.

Import of Iron or Steel Leaf-Spring in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2252034322767.0%
Thailand314232405250-7.3%
China2103042622353.8%
Austria37.769.874.645.86.7%
Germany11.612.118.534.443.7%
Indonesia20.614.236.822.73.3%
Others10696.012075.0-10.9%
Total9259311,3499390.5%

Top Suppliers of Iron or Steel Leaf-Spring to Pakistan in 2022:

  1. China (93.0 tons)
  2. Thailand (84.2 tons)
  3. Japan (61.1 tons)
  4. Austria (13.4 tons)
  5. Indonesia (8.4 tons)
  6. Germany (8.1 tons)

Exports of Iron or Steel Leaf-Spring in Pakistan

Iron or steel leaf-spring exports from Pakistan dropped markedly to 861 kg in 2022, waning by -37.5% on 2021 figures. In general, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 117% against the previous year.

In value terms, iron or steel leaf-spring exports shrank rapidly to $2.8K in 2022. Over the period under review, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 328% against the previous year. As a result, the exports reached the peak of $4.5K, and then dropped sharply in the following year.

Export of Iron or Steel Leaf-Spring in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia3,3238593,8042,370-10.7%
Madagascar42989.0426260-15.4%
United Arab Emirates37.01.03.010.0-35.3%
Saudi ArabiaN/A54.0N/AN/A0%
Others13745.0252128-2.2%
Total3,9261,0484,4852,768-11.0%

Top Export Markets for Iron or Steel Leaf-Spring from Pakistan in 2022:

  1. Madagascar (447.0 kg)
  2. Russia (347.0 kg)
  3. United Arab Emirates (14.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for iron or steel leaf-spring in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 25931613 - Iron or steel hot-worked laminated leaf-springs and leaves therefor
  • Prodcom 25931615 - Iron or steel hot-worked non-laminated leaf-springs and leaves therefor
  • Prodcom 25931617 - Iron or steel cold-formed leaf-springs and leaves therefor

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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