Price for Railway or Tramway Track Constructions of Iron or Steel in Pakistan - 2023

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Pakistan (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Pakistan (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Pakistan
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Pakistan

Price for Railway or Tramway Track Constructions of Iron or Steel in Pakistan (CIF) - 2022

The average import price for railway or tramway track constructions of iron or steel stood at $928 per ton in 2022, growing by 6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 22% against the previous year. The import price peaked at $1,106 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($1,554 per ton), while the price for the UK ($773 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Railway or Tramway Track Constructions of Iron or Steel in Pakistan (FOB) - 2022

In 2022, the average export price for railway or tramway track constructions of iron or steel amounted to $1,913 per ton, dropping by -3.9% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 314% against the previous year. The export price peaked at $5,216 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($1,985 per ton), while the average price for exports to Sweden amounted to $1,125 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 (-0.0%).

Imports of Railway or Tramway Track Constructions of Iron or Steel in Pakistan

Imports of railway or tramway track constructions of iron or steel into Pakistan contracted dramatically to 1.2K tons in 2022, waning by -89.9% compared with 2021. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 185% against the previous year. As a result, imports attained the peak of 12K tons, and then reduced sharply in the following year.

In value terms, imports of railway or tramway track constructions of iron or steel shrank significantly to $1.1M in 2022. In general, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 152%. As a result, imports reached the peak of $10M, and then shrank notably in the following year.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Pakistan in 2022:

1. China (1093.8 tons)
2. United Kingdom (25.0 tons)
3. Germany (19.2 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Pakistan

In 2022, after two years of decline, there was significant growth in overseas shipments of railway or tramway track constructions of iron or steel, when their volume increased by 131% to 1.1 tons. Overall, exports, however, saw a sharp descent.

In value terms, exports of railway or tramway track constructions of iron or steel skyrocketed to $2K in 2022. Over the period under review, exports, however, saw a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 265%. As a result, the exports attained the peak of $30K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Pakistan in 2022:

1. United Arab Emirates (969.0 kg)
2. Sweden (88.0 kg)

Source: IndexBox Market Intelligence Platform