Price for Lead Oxides; Red Lead and Orange Lead in Pakistan - 2023
Contents:
- Price for Lead Oxides; Red Lead and Orange Lead in Pakistan (CIF) - 2023
- Imports of Lead Oxides; Red Lead and Orange Lead in Pakistan
Price for Lead Oxides; Red Lead and Orange Lead in Pakistan (CIF) - 2023
The average import price for lead oxides; red lead and orange leads stood at $2,459 per ton in June 2023, reducing by -4.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in September 2022 an increase of 28% against the previous month. Over the period under review, average import prices hit record highs at $2,669 per ton in July 2022; however, from August 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 South Korea ($2,471 per ton), while the price for Taiwan (Chinese) totaled $2,441 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Lead Oxides; Red Lead and Orange Lead in Pakistan
In 2022, the amount of lead oxides; red lead and orange leads imported into Pakistan skyrocketed to 1.7K tons, growing by 25% compared with the previous year. In general, imports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 87% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of lead oxides; red lead and orange leads soared to $4.3M in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Lead Oxides; Red Lead and Orange Lead in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 306 | 445 | 1,286 | 1,362 | 64.5% |
| Taiwan (Chinese) | 208 | 436 | 631 | 1,256 | 82.1% |
| Sri Lanka | 153 | 369 | 777 | 1,103 | 93.2% |
| United Arab Emirates | 50.3 | 363 | 163 | 480 | 112.1% |
| India | 245 | 199 | 319 | N/A | 14.1% |
| Others | 133 | 110 | 151 | 50.7 | -27.5% |
| Total | 1,095 | 1,922 | 3,328 | 4,251 | 57.2% |
Top Suppliers of Lead Oxides; Red Lead and Orange Lead to Pakistan in 2022:
- South Korea (587.7 tons)
- Taiwan (Chinese) (464.4 tons)
- Sri Lanka (416.3 tons)
- United Arab Emirates (203.0 tons)
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