Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan - 2023

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (FOB) - 2023
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (CIF) - 2022
  3. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan
  4. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (FOB) - 2023

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $1,982 per ton in July 2023, growing by 11% against the previous month. Over the period under review, the export price, however, recorded a pronounced decline. The growth pace was the most rapid in March 2023 an increase of 34% month-to-month. Over the period under review, the average export prices reached the maximum at $2,870 per ton in October 2022; however, from November 2022 to July 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($2,043 per ton), while the average price for exports to Saudi Arabia ($863 per ton) was amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (CIF) - 2022

In 2022, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $3,885 per ton, waning by -6.7% against the previous year. In general, the import price, however, showed measured growth. The pace of growth appeared the most rapid in 2020 an increase of 52%. Over the period under review, average import prices reached the maximum at $4,166 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($6,159 per ton), while the price for South Korea ($2,456 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan

In 2022, overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -43.8% to 5K tons, falling for the second consecutive year after two years of growth. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 10K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses fell rapidly to $13M in 2022. Overall, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 13%. As a result, the exports reached the peak of $23M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.05.45.93.3-6.2%
United Arab Emirates1.71.50.51.93.8%
Saudi Arabia1.52.62.71.4-2.3%
Afghanistan0.41.1N/A1.348.1%
Kenya2.92.01.61.0-29.9%
Syrian Arab Republic2.73.21.60.8-33.3%
Australia0.70.40.80.4-17.0%
Turkey1.41.10.80.3-40.2%
Djibouti0.70.2N/A0.3-24.6%
Jordan0.51.0N/A0.3-15.7%
New Zealand0.20.10.20.20.0%
Cameroon0.60.60.40.1-45.0%
Sudan0.60.20.8N/A15.5%
Others2.23.23.31.7-8.2%
Total20.122.818.812.9-13.7%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Pakistan in 2022:

  1. United States (1256.7 tons)
  2. Saudi Arabia (707.3 tons)
  3. United Arab Emirates (658.0 tons)
  4. Afghanistan (495.6 tons)
  5. Kenya (338.7 tons)
  6. Syrian Arab Republic (272.3 tons)
  7. Australia (200.3 tons)
  8. Turkey (148.1 tons)
  9. Djibouti (147.9 tons)
  10. Jordan (107.7 tons)
  11. New Zealand (76.0 tons)
  12. Cameroon (16.8 tons)
  13. Sudan (13.9 tons)

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan

In 2022, purchases abroad of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -15.4% to 514 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 427%. As a result, imports attained the peak of 791 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses dropped markedly to $2M in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 699%. As a result, imports reached the peak of $2.9M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1562,4011,7741,853128.2%
South Korea164190N/A65.4-26.4%
United Arab Emirates1.00.447055.6281.7%
Vietnam31.23292310.7-71.8%
Others13.53.158.823.921.0%
Total3662,9242,5341,99876.1%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Pakistan in 2022:

  1. China (471.8 tons)
  2. South Korea (26.6 tons)
  3. United Arab Emirates (9.0 tons)
  4. Vietnam (0.2 tons)

Source: IndexBox Market Intelligence Platform

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