Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan - 2023

Contents:

1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan (CIF) - 2022
2. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan (FOB) - 2022
3. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan
4. Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan (CIF) - 2022

The average import price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $27,610 per ton in 2022, with an increase of 8.3% against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The growth pace was the most rapid in 2014 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $52,721 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Lithuania ($38,174 per ton), while the price for Ireland ($18,122 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+85.1%), while the prices for the other major suppliers experienced a decline.

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan (FOB) - 2022

The average export price for pharmaceutical goods; appliances identifiable for ostomy uses stood at $16,667 per ton in 2022, dropping by -29.1% against the previous year. Overall, the export price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2016 an increase of 177% against the previous year. The export price peaked at $207,902 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($28,000 per ton), while the average price for exports to Denmark stood at $11,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan

Imports of pharmaceutical goods; appliances identifiable for ostomy uses into Pakistan stood at 49 tons in 2022, increasing by 8.9% on 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses surged to $1.3M in 2022. The total import value increased at an average annual rate of +5.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Pakistan in 2022:

1. Dominican Republic (19.4 tons)
2. Ireland (7.6 tons)
3. Dominica (5.6 tons)
4. Lithuania (4.3 tons)
5. China (3.7 tons)
6. United States (2.8 tons)
7. Hungary (2.6 tons)
8. United Kingdom (1.5 tons)
9. Denmark (0.7 tons)

Exports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Pakistan

In 2022, overseas shipments of pharmaceutical goods; appliances identifiable for ostomy uses decreased by -99.4% to 3 kg for the first time since 2019, thus ending a two-year rising trend. In general, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 1,210% against the previous year. As a result, the exports attained the peak of 537 kg, and then dropped dramatically in the following year.

In value terms, exports of pharmaceutical goods; appliances identifiable for ostomy uses contracted significantly to $50 in 2022. Overall, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 48% against the previous year. As a result, the exports attained the peak of $13K, and then reduced rapidly in the following year.

Top Export Markets for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use from Pakistan in 2022:

1. Denmark (2.0 kg)
2. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform