Price for Tents of Synthetic Fibres in Pakistan - 2023
Contents:
- Price for Tents of Synthetic Fibres in Pakistan (FOB) - 2022
- Price for Tents of Synthetic Fibres in Pakistan (CIF) - 2022
- Exports of Tents of Synthetic Fibres in Pakistan
- Imports of Tents of Synthetic Fibres in Pakistan
Price for Tents of Synthetic Fibres in Pakistan (FOB) - 2022
In 2022, the average tents of synthetic fibres export price amounted to $2,683 per ton, dropping by -6.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 45% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,875 per ton in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($4,583 per ton), while the average price for exports to the United Arab Emirates ($1,933 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tents of Synthetic Fibres in Pakistan (CIF) - 2022
The average tents of synthetic fibres import price stood at $4,546 per ton in 2022, waning by -35.2% against the previous year. In general, the import price saw a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 79%. Over the period under review, average import prices hit record highs at $7,338 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Hong Kong SAR ($7,826 per ton), while the price for China totaled $4,488 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.8%).
Exports of Tents of Synthetic Fibres in Pakistan
In 2022, exports of tents of synthetic fibreses from Pakistan declined to 784 tons, with a decrease of -7.2% compared with 2021. Overall, exports showed a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 170%. As a result, the exports attained the peak of 846 tons, and then contracted in the following year.
In value terms, tents of synthetic fibres exports contracted to $2.1M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 227%. As a result, the exports reached the peak of $2.4M, and then contracted in the following year.
| Export of Tents of Synthetic Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Libya | 136 | 92.2 | 164 | 503 | 54.6% |
| United Kingdom | 6.5 | 1.8 | 37.6 | 444 | 308.8% |
| Sudan | N/A | N/A | N/A | 386 | 0% |
| Iraq | 83.6 | 26.9 | 41.8 | 301 | 53.3% |
| United States | 12.8 | 0.1 | 17.0 | 118 | 109.7% |
| Kenya | 6.5 | N/A | N/A | 107 | 154.4% |
| Oman | N/A | 92.4 | 115 | 77.5 | -8.4% |
| Kuwait | 27.5 | 32.0 | 26.6 | 34.1 | 7.4% |
| Saudi Arabia | 93.9 | 0.5 | 7.4 | 23.9 | -36.6% |
| United Arab Emirates | 1,248 | 476 | 1,829 | 5.6 | -83.5% |
| Somalia | 459 | N/A | N/A | N/A | 0% |
| Afghanistan | N/A | N/A | 183 | N/A | 0% |
| Others | 69.8 | 21.5 | 9.1 | 106 | 14.9% |
| Total | 2,144 | 744 | 2,431 | 2,104 | -0.6% |
Top Export Markets for Tents of Synthetic Fibres from Pakistan in 2022:
- Libya (203.3 tons)
- United Kingdom (155.5 tons)
- Iraq (152.2 tons)
- Sudan (100.1 tons)
- Oman (38.0 tons)
- Kenya (31.3 tons)
- United States (25.7 tons)
- Saudi Arabia (12.3 tons)
- Kuwait (11.3 tons)
- United Arab Emirates (2.9 tons)
Imports of Tents of Synthetic Fibres in Pakistan
In 2022, tents of synthetic fibres imports into Pakistan skyrocketed to 400 tons, growing by 1,616% on the previous year's figure. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 3,064%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, tents of synthetic fibres imports soared to $1.8M in 2022. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 5,563% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Tents of Synthetic Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.1 | 0.4 | 7.1 | 1,761 | 217.3% |
| Hong Kong SAR | N/A | N/A | N/A | 54.0 | 0% |
| United Arab Emirates | 0.2 | 2.5 | 156 | 0.4 | 26.0% |
| Sweden | 42.6 | N/A | N/A | N/A | 0% |
| Others | 7.0 | N/A | 0.3 | 3.4 | -21.4% |
| Total | 105 | 2.9 | 163 | 1,819 | 158.8% |
Top Suppliers of Tents of Synthetic Fibres to Pakistan in 2022:
- China (392.4 tons)
- Hong Kong SAR (6.9 tons)
- United Arab Emirates (0.1 tons)
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