Pakistan - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Pakistan - Wadding Of Textile Materials And Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights

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Textile Wadding Price in Pakistan - 2023

Contents:

  1. Textile Wadding Price in Pakistan (FOB) - 2023
  2. Textile Wadding Price in Pakistan (CIF) - 2022
  3. Textile Wadding Exports in Pakistan
  4. Textile Wadding Imports in Pakistan

Textile Wadding Price in Pakistan (FOB) - 2023

The average textile wadding export price stood at $6,976 per ton in February 2023, growing by 4.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in June 2022 an increase of 34% month-to-month. The export price peaked at $7,445 per ton in December 2022; however, from January 2023 to February 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United Arab Emirates ($7,526 per ton), while the average price for exports to Italy ($2,611 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 Togo (+36.7%), while the prices for the other major destinations experienced more modest paces of growth.

Textile Wadding Price in Pakistan (CIF) - 2022

The average textile wadding import price stood at $3,870 per ton in 2022, jumping by 67% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $3,876 per ton in 2020; afterwards, it flattened through to 2022.

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 States ($7,275 per ton), while the price for China ($2,568 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Textile Wadding Exports in Pakistan

For the third consecutive year, Pakistan recorded decline in shipments abroad of wadding of textile materials and articles thereof, which decreased by -27.9% to 527 tons in 2022. Over the period under review, exports saw a dramatic descent. The smallest decline of -9.3% was in 2021.

In value terms, textile wadding exports reduced to $3M in 2022. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 1.5% against the previous year.

Export of Textile Wadding in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Madagascar1,077808563771-10.5%
Bangladesh18712429635924.3%
Germany51428993.2270-19.3%
China56763.3208267-22.2%
Philippines616109116258-25.2%
Mozambique368230177244-12.8%
Netherlands4190.9163198-22.1%
France2680.695.8117-24.1%
Poland295N/AN/AN/A0%
MexicoN/A1,235618N/A-50.0%
Estonia163N/AN/AN/A0%
Italy616N/AN/AN/A0%
BrazilN/AN/A385N/A0%
Others1,145572769483-25.0%
Total6,2353,4303,4832,968-21.9%

Top Export Markets for Textile Wadding from Pakistan in 2022:

  1. Madagascar (109.1 tons)
  2. China (66.7 tons)
  3. Netherlands (61.9 tons)
  4. Philippines (54.0 tons)
  5. Germany (43.7 tons)
  6. Bangladesh (42.5 tons)
  7. Mozambique (40.2 tons)
  8. France (37.7 tons)

Textile Wadding Imports in Pakistan

In 2022, approx. 989 tons of wadding of textile materials and articles thereof were imported into Pakistan; reducing by -22.4% on 2021 figures. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 247% against the previous year. As a result, imports attained the peak of 1.3K tons, and then declined notably in the following year.

In value terms, textile wadding imports soared to $3.8M in 2022. In general, imports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 108%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Textile Wadding in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates5658525991,10325.0%
China27412278791049.2%
South Korea33221476087938.3%
France15773.81691967.7%
Turkey27.818.614416781.8%
Singapore64.739.213815934.9%
Japan90.448.472.61034.4%
Others16354.528431023.9%
Total1,6741,4222,9553,82831.7%

Top Suppliers of Textile Wadding to Pakistan in 2022:

  1. China (354.6 tons)
  2. United Arab Emirates (254.9 tons)
  3. South Korea (154.4 tons)
  4. Turkey (48.7 tons)
  5. Singapore (37.4 tons)
  6. France (34.4 tons)
  7. Japan (27.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the textile wadding market 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 13991400 - Textile flock and dust and mill neps
  • Prodcom 17221240 - Wadding, other articles of wadding

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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