Pakistan - Sanitary Ware And Parts Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron or Steel Sanitary Ware in Pakistan - 2023
Contents:
- Price for Iron or Steel Sanitary Ware in Pakistan (CIF) - 2023
- Price for Iron or Steel Sanitary Ware in Pakistan (FOB) - 2022
- Imports of Iron or Steel Sanitary Ware in Pakistan
- Exports of Iron or Steel Sanitary Ware in Pakistan
Price for Iron or Steel Sanitary Ware in Pakistan (CIF) - 2023
The average import price for sanitary ware and parts of iron or steel stood at $924 per thousand units in February 2023, which is down by -2.5% against the previous month. Overall, the import price recorded a noticeable decline. The pace of growth was the most pronounced in May 2022 an increase of 13% m-o-m. As a result, import price reached the peak level of $1.3 per unit. From June 2022 to February 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In February 2023, the country with the highest price was Italy ($1.0 per unit), while the price for the United Arab Emirates ($741 per thousand units) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by China (-1.1%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Sanitary Ware in Pakistan (FOB) - 2022
In 2022, the average export price for sanitary ware and parts of iron or steel amounted to $1.1 per unit, increasing by 10% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 44%. As a result, the export price reached the peak level of $1.4 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($1.9 per unit), while the average price for exports to Oman ($0.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Sanitary Ware in Pakistan
In 2022, the amount of sanitary ware and parts of iron or steel imported into Pakistan dropped markedly to 1.6M units, waning by -56.5% compared with the previous year's figure. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 98%. As a result, imports reached the peak of 3.7M units, and then shrank significantly in the following year.
In value terms, iron or steel sanitary ware imports fell markedly to $1.8M in 2022. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $2.8M, and then fell sharply in the following year.
| Import of Iron or Steel Sanitary Ware in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,707 | 1,294 | 2,450 | 1,536 | -3.5% |
| United Arab Emirates | 217 | 65.7 | 87.6 | 77.7 | -29.0% |
| Italy | 51.0 | 54.5 | 116 | 72.7 | 12.5% |
| Others | 191 | 75.9 | 170 | 113 | -16.1% |
| Total | 2,166 | 1,490 | 2,824 | 1,799 | -6.0% |
Top Suppliers of Iron or Steel Sanitary Ware to Pakistan in 2022:
- China (1414.2K units)
- United Arab Emirates (63.7K units)
- Italy (52.5K units)
Exports of Iron or Steel Sanitary Ware in Pakistan
After two years of decline, overseas shipments of sanitary ware and parts of iron or steel increased by 13% to 58K units in 2022. Overall, exports, however, saw a dramatic downturn. The exports peaked at 159K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, iron or steel sanitary ware exports soared to $63K in 2022. Over the period under review, exports, however, faced a sharp slump. Over the period under review, the exports reached the maximum at $206K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Iron or Steel Sanitary Ware in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 117 | 11.2 | 8.2 | 42.5 | -28.6% |
| Afghanistan | 39.7 | 1.7 | 9.7 | 17.0 | -24.6% |
| Denmark | 0.8 | 4.9 | 2.1 | 2.9 | 53.6% |
| Oman | 0.2 | 0.5 | 0.2 | 0.3 | 14.5% |
| China | 13.1 | N/A | N/A | N/A | 0% |
| Australia | 7.5 | N/A | N/A | N/A | 0% |
| United States | N/A | 55.6 | 29.7 | N/A | -46.6% |
| Maldives | 5.2 | N/A | N/A | N/A | 0% |
| Saudi Arabia | 19.3 | N/A | N/A | N/A | 0% |
| Others | 2.9 | 1.1 | 0.5 | N/A | -58.5% |
| Total | 206 | 75.0 | 50.4 | 62.7 | -32.7% |
Top Export Markets for Iron or Steel Sanitary Ware from Pakistan in 2022:
- United Arab Emirates (31.2K units)
- Afghanistan (24.5K units)
- Denmark (1.5K units)
- Oman (0.9K units)
This report provides an in-depth analysis of the market for iron or steel sanitary ware 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 25991131 - Sanitary ware and parts of sanitary ware of iron or steel
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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