Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan - 2023

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan (CIF) - 2023
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan (CIF) - 2023

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $4,027 per ton in June 2023, growing by 26% against the previous month. Overall, the import price, however, recorded a pronounced descent. Over the period under review, average import prices attained the peak figure at $6,924 per ton in August 2022; however, from September 2022 to June 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From July 2022 to June 2023, the rate of growth in terms of prices for Norway amounted to -3.0% per month.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan (FOB) - 2022

The average export price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $44,200 per ton in 2022, falling by -95.3% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 59% against the previous year. The export price peaked at $947,000 per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Indonesia ($121,000 per ton), while the average price for exports to China amounted to $25,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+1.0%).

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan

In 2022, purchases abroad of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -20% to 2.2K tons, falling for the second consecutive year after two years of growth. Overall, imports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports reached the peak of 3.5K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses dropped rapidly to $12M in 2022. In general, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 18% against the previous year. As a result, imports attained the peak of $16M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Pakistan in 2022:

1. China (1581.6 tons)
2. Norway (542.7 tons)
3. India (33.4 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Pakistan

Exports of polymers, natural; alginic acid, its salts and esters, in primary formses from Pakistan surged to 5 kg in 2022, rising by 400% compared with the previous year. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of polymers, natural; alginic acid, its salts and esters, in primary formses shrank markedly to $221 in 2022. Overall, exports continue to indicate a significant increase.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Pakistan in 2022:

1. China (4.0 kg)
2. Indonesia (1.0 kg)

Source: IndexBox Market Intelligence Platform