Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan - 2023

Contents:

1. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan (CIF) - 2022
2. Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan (FOB) - 2022
3. Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan
4. Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan (CIF) - 2022

The average import price for tubes, pipes and hollow profiles, of cast iron stood at $805 per ton in 2022, surging by 375% against the previous year. Overall, the import price, however, continues to indicate a slight decrease. Over the period under review, average import prices hit record highs at $1,137 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($828 per ton), while the price for the United Arab Emirates totaled $724 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.6%).

Price for Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan (FOB) - 2022

The average export price for tubes, pipes and hollow profiles, of cast iron stood at $3,792 per ton in 2022, rising by 58% against the previous year. In general, the export price showed a resilient increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 937%. As a result, the export price attained the peak level of $6,607 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

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 Bahrain ($4,518 per ton), while the average price for exports to Oman ($345 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 Qatar (+49.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan

In 2022, imports of tubes, pipes and hollow profiles, of cast iron into Pakistan declined significantly to 122 tons, reducing by -78.5% on 2021 figures. Over the period under review, imports faced a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 2,023% against the previous year.

In value terms, imports of tubes, pipes and hollow profiles, of cast iron declined markedly to $99K in 2022. In general, imports showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 1,818%.

Top Suppliers of Tubes, Pipes and Hollow Profiles, of Cast Iron to Pakistan in 2022:

1. China (104.6 tons)
2. United Arab Emirates (16.6 tons)

Exports of Tubes, Pipes and Hollow Profiles, of Cast Iron in Pakistan

Exports of tubes, pipes and hollow profiles, of cast iron from Pakistan skyrocketed to 22 tons in 2022, increasing by 2,638% on 2021. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tubes, pipes and hollow profiles, of cast iron surged to $19K in 2022. Over the period under review, exports enjoyed a resilient increase.

Top Export Markets for Tubes, Pipes and Hollow Profiles, of Cast Iron from Pakistan in 2022:

1. Oman (22.1 tons)

Source: IndexBox Market Intelligence Platform