Price for Lustres; Liquid Lustres and Similar Preparations in Pakistan - 2023

Contents:

  1. Price for Lustres; Liquid Lustres and Similar Preparations in Pakistan (CIF) - 2022
  2. Price for Lustres; Liquid Lustres and Similar Preparations in Pakistan (FOB) - 2022
  3. Imports of Lustres; Liquid Lustres and Similar Preparations in Pakistan
  4. Exports of Lustres; Liquid Lustres and Similar Preparations in Pakistan

Price for Lustres; Liquid Lustres and Similar Preparations in Pakistan (CIF) - 2022

The average import price for lustres; liquid lustres and similar preparationses stood at $6,264 per ton in 2022, picking up by 6.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($12,417 per ton), while the price for the United Arab Emirates ($2,396 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lustres; Liquid Lustres and Similar Preparations in Pakistan (FOB) - 2022

In 2022, the average export price for lustres; liquid lustres and similar preparationses amounted to $702 per ton, dropping by -37.4% against the previous year. Over the period under review, the export price showed a dramatic shrinkage. The growth pace was the most rapid in 2020 when the average export price increased by 11,398% against the previous year. As a result, the export price reached the peak level of $47,500 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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 Cote d'Ivoire ($808 per ton), while the average price for exports to the United Arab Emirates amounted to $538 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-9.9%).

Imports of Lustres; Liquid Lustres and Similar Preparations in Pakistan

In 2022, after two years of decline, there was significant growth in purchases abroad of lustres; liquid lustres and similar preparationses, when their volume increased by 457% to 24 tons. Over the period under review, imports continue to indicate a remarkable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of lustres; liquid lustres and similar preparationses surged to $150K in 2022. In general, imports posted resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Lustres; Liquid Lustres and Similar Preparations in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain6.30.3N/A112161.0%
China6.110.910.229.969.9%
Italy7.817.28.25.3-12.1%
United Arab EmiratesN/AN/A0.22.81300.0%
Germany46.2N/AN/AN/A0%
Taiwan (Chinese)N/A6.5N/AN/A0%
Turkey40.69.0N/AN/A-77.8%
Others0.22.06.61.071.0%
Total10745.925.315011.9%

Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Pakistan in 2022:

  1. Spain (13.7 tons)
  2. China (8.6 tons)
  3. United Arab Emirates (1.1 tons)
  4. Italy (0.5 tons)

Exports of Lustres; Liquid Lustres and Similar Preparations in Pakistan

In 2022, approx. 41 tons of lustres; liquid lustres and similar preparationses were exported from Pakistan; with an increase of 99% compared with the previous year. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,039,750%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of lustres; liquid lustres and similar preparationses soared to $29K in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 24,461% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Export of Lustres; Liquid Lustres and Similar Preparations in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/A22.820.4-10.5%
United Arab EmiratesN/AN/AN/A8.70%
Yemen9.5N/AN/AN/A0%
OthersN/A0.10.5N/A400.0%
Total9.50.123.329.145.2%

Top Export Markets for Lustres; Liquid Lustres and Similar Preparations from Pakistan in 2022:

  1. Cote d'Ivoire (25.3 tons)
  2. United Arab Emirates (16.1 tons)

Source: IndexBox Market Intelligence Platform

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