Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan - 2023

Contents:

1. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan (CIF) - 2022
2. Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan (FOB) - 2022
3. Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan
4. Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan (CIF) - 2022

The average import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds stood at $5,059 per ton in 2022, rising by 42% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds increased by +73.8% against 2020 indices. The import price peaked at $5,681 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($7,782 per ton), while the price for China ($4,361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan (FOB) - 2022

In 2022, the average export price for laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds amounted to $12,797 per ton, rising by 42% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 219% against the previous year. As a result, the export price attained the peak level of $31,659 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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 ($24,481 per ton), while the average price for exports to Nigeria ($5,044 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 Ethiopia (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan

In 2022, overseas purchases of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds decreased by -39.7% to 243 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 18% against the previous year. As a result, imports attained the peak of 411 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds shrank to $1.2M in 2022. Over the period under review, imports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 20%.

Top Suppliers of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated to Pakistan in 2022:

1. China (145.0 tons)
2. Japan (26.2 tons)
3. United Kingdom (10.3 tons)
4. United States (9.1 tons)
5. Germany (8.5 tons)
6. Croatia (7.6 tons)
7. Indonesia (5.2 tons)
8. Denmark (2.9 tons)
9. United Arab Emirates (1.1 tons)

Exports of Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated in Pakistan

In 2022, after three years of growth, there was significant decline in overseas shipments of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds, when their volume decreased by -32.5% to 13 tons. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 281% against the previous year.

In value terms, exports of laboratory, hygienic or pharmaceutical glassware, whether or not graduated or calibrateds contracted slightly to $169K in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 178% against the previous year.

Top Export Markets for Laboratory, Hygienic or Pharmaceutical Glassware, Whether or Not Graduated or Calibrated from Pakistan in 2022:

1. Nigeria (8.3 tons)
2. United States (4.6 tons)

Source: IndexBox Market Intelligence Platform