Report Update: Apr 1, 2024

Pakistan - Polyethylene in Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Price for Polyethylene in Primary Forms in Pakistan - 2023

Price for Polyethylene in Primary Forms in Pakistan (CIF) - 2023

In February 2023, the average polyethylene in primary forms import price amounted to $725 per ton, which is down by -32.6% against the previous month. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $1,649 per ton. From August 2022 to February 2023, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In February 2023, the countries with the highest prices were Malaysia ($747 per ton) and Thailand ($744 per ton), while the price for Germany ($711 per ton) and Canada ($711 per ton) were amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Canada (-4.1%), while the prices for the other major suppliers experienced a decline.

Price for Polyethylene in Primary Forms in Pakistan (FOB) - 2023

In February 2023, the average polyethylene in primary forms export price amounted to $1,526 per ton, dropping by -15.9% against the previous month. Over the period under review, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 45% m-o-m. The export price peaked at $2,240 per ton in April 2022; however, from May 2022 to February 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In February 2023, the countries with the highest prices were Canada ($1,610 per ton) and China ($1,486 per ton), while the average price for exports to Bangladesh ($1,460 per ton) and Sri Lanka ($1,460 per ton) were amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene in Primary Forms in Pakistan

In 2022, purchases abroad of polyethylene in primary forms decreased by -9.5% to 543K tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports reached the peak of 630K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, polyethylene in primary forms imports fell slightly to $775M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +40.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 40%. As a result, imports attained the peak of $791M, and then contracted slightly in the following year.

Import of Polyethylene in Primary Forms in Pakistan (Million USD)
COUNTRY	2019	2020	CAGR, 2019-2020
Saudi Arabia	236	241	2.1%
Qatar	114	93.3	-18.2%
United Arab Emirates	65.2	72.3	10.9%
United States	52.3	70.5	34.8%
Kuwait	6.8	13.5	98.5%
Belgium	10.6	11.5	8.5%
South Korea	11.7	11.4	-2.6%
India	21.0	N/A	0%
Others	36.0	51.6	43.3%
Total	553	565	2.2%

Top Suppliers of Polyethylene in Primary Forms to Pakistan in 2022:

Saudi Arabia (287.7K tons)
Qatar (97.7K tons)
United States (85.2K tons)
United Arab Emirates (76.5K tons)
Kuwait (15.1K tons)
South Korea (11.4K tons)
Belgium (10.0K tons)

Exports of Polyethylene in Primary Forms in Pakistan

In 2022, polyethylene in primary forms exports from Pakistan skyrocketed to 3.8K tons, with an increase of 47% against the previous year's figure. In general, exports showed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 2,986%. As a result, the exports attained the peak of 8.8K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, polyethylene in primary forms exports soared to $5.6M in 2022. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 2,144% against the previous year. As a result, the exports attained the peak of $21M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Polyethylene in Primary Forms in Pakistan (Million USD)
COUNTRY	2019	2020	CAGR, 2019-2020
Hong Kong SAR	N/A	19.1	0%
China	0.1	1.2	1100.0%
Canada	0.4	0.1	-75.0%
Others	0.4	0.5	25.0%
Total	0.9	21.0	2233.3%

Top Export Markets for Polyethylene in Primary Forms from Pakistan in 2022:

Canada (undefinedK tons)
Hong Kong SAR (8.0K tons)
China (0.5K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for polyethylene in primary forms 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 20161035 - Linear polyethylene having a specific gravity < 0,94, in primary forms
Prodcom 20161039 - Polyethylene having a specific gravity < 0,94, in primary forms (excluding linear)
Prodcom 20161050 - Polyethylene having a specific gravity of . 0,94, in primary forms

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023