Pakistan - Polystyrene In Primary Forms (Excluding Expansible Polystyrene) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Polystyrene in Primary Forms in Pakistan - 2023
Contents:
- Price for Polystyrene in Primary Forms in Pakistan (FOB) - 2023
- Price for Polystyrene in Primary Forms in Pakistan (CIF) - 2022
- Exports of Polystyrene in Primary Forms in Pakistan
- Imports of Polystyrene in Primary Forms in Pakistan
Price for Polystyrene in Primary Forms in Pakistan (FOB) - 2023
The average polystyrene in primary forms export price stood at $1,348 per ton in February 2023, shrinking by -3.1% against the previous month. Over the period under review, the export price recorded a noticeable decline. The growth pace was the most rapid in August 2022 an increase of 11% m-o-m. As a result, the export price attained the peak level of $2,064 per ton. From September 2022 to February 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($1,676 per ton), while the average price for exports to China ($664 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Polystyrene in Primary Forms in Pakistan (CIF) - 2022
In 2022, the average polystyrene in primary forms import price amounted to $1,594 per ton, falling by -17% against the previous year. In general, the import price saw a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 34%. Over the period under review, average import prices reached the peak figure at $2,321 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +7.8% per year.
Exports of Polystyrene in Primary Forms in Pakistan
For the fourth year in a row, Pakistan recorded growth in shipments abroad of polystyrene in primary forms (excluding expansible polystyrene), which increased by 7.7% to 55K tons in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 105% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, polystyrene in primary forms exports soared to $100M in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 80% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Polystyrene in Primary Forms in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1.2 | 1.7 | 4.5 | 99.9 | 336.6% |
| China | 1.5 | 18.5 | 17.1 | N/A | 237.6% |
| Greece | 2.4 | 2.4 | 6.2 | N/A | 60.7% |
| Egypt | 2.7 | 2.1 | 1.5 | N/A | -25.5% |
| South Africa | 1.1 | 2.3 | 4.6 | N/A | 104.5% |
| Italy | 8.1 | 8.4 | 20.2 | N/A | 57.9% |
| Qatar | 1.5 | 2.1 | 4.1 | N/A | 65.3% |
| Turkey | 3.3 | N/A | 3.0 | N/A | -4.7% |
| Others | 4.9 | 5.2 | 15.3 | N/A | 76.7% |
| Total | 26.9 | 42.6 | 76.6 | 99.9 | 54.9% |
Top Export Markets for Polystyrene in Primary Forms from Pakistan in 2022:
- United Arab Emirates (55.1K tons)
Imports of Polystyrene in Primary Forms in Pakistan
In 2022, the amount of polystyrene in primary forms (excluding expansible polystyrene) imported into Pakistan contracted significantly to 866 tons, shrinking by -35% against the year before. Overall, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2021 when imports increased by 53%.
In value terms, polystyrene in primary forms imports plummeted to $1.4M in 2022. In general, imports recorded a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 105% against the previous year.
| Import of Polystyrene in Primary Forms in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 388 | N/A | 70.0 | 1,381 | 52.7% |
| Hong Kong SAR | 155 | 49.0 | N/A | N/A | -68.4% |
| South Korea | 1,649 | 539 | 31.6 | N/A | -86.2% |
| China | 543 | 468 | 2,228 | N/A | 102.6% |
| Singapore | 293 | 27.2 | N/A | N/A | -90.7% |
| Taiwan (Chinese) | 64.3 | 70.7 | 199 | N/A | 75.9% |
| Others | 90.1 | 92.1 | 30.5 | N/A | -41.8% |
| Total | 3,182 | 1,246 | 2,559 | 1,381 | -24.3% |
Top Suppliers of Polystyrene in Primary Forms to Pakistan in 2022:
- United Arab Emirates (866.5 tons)
This report provides an in-depth analysis of the market for polystyrene 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 20162039 - Polystyrene, in primary forms (excluding expansible polystyrene)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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