Pakistan - Worked Articles Of Wax - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWorked Wax Articles Price in Pakistan - 2023
Contents:
- Worked Wax Articles Price in Pakistan (CIF) - 2022
- Worked Wax Articles Price in Pakistan (FOB) - 2022
- Worked Wax Articles Imports in Pakistan
- Worked Wax Articles Exports in Pakistan
Worked Wax Articles Price in Pakistan (CIF) - 2022
In 2022, the average worked wax articles import price amounted to $5.8 per thousand units, waning by -12.6% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 186% against the previous year. Over the period under review, average import prices reached the maximum at $6.6 per thousand units in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($12 per thousand units), while the price for Bangladesh ($2.7 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Worked Wax Articles Price in Pakistan (FOB) - 2022
The average worked wax articles export price stood at $4.8 per thousand units in 2022, reducing by -32.8% against the previous year. Overall, the export price showed a drastic downturn. The growth pace was the most rapid in 2014 an increase of 25% against the previous year. The export price peaked at $9.9 per thousand units in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($5.2 per thousand units) and Italy ($5.1 per thousand units), while the average price for exports to the United States ($4.5 per thousand units) and Russia ($4.9 per thousand units) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-2.9%), while the prices for the other major destinations experienced a decline.
Worked Wax Articles Imports in Pakistan
In 2022, overseas purchases of worked articles of wax were finally on the rise to reach 2.1B units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a sharp shrinkage. Over the period under review, imports reached the maximum at 5.9B units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, worked wax articles imports skyrocketed to $12M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Worked Wax Articles in Pakistan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 4.4 | 5.1 | 4.1 | 4.9 | 3.7% |
China | 2.2 | 2.8 | 3.1 | 3.5 | 16.7% |
Vietnam | 1.5 | 1.5 | 2.0 | 2.2 | 13.6% |
South Korea | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Bangladesh | 0.6 | 0.2 | N/A | 0.3 | -20.6% |
France | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 1.1 | 0.2 | 0.3 | 0.5 | -23.1% |
Total | 10.2 | 10.0 | 10.1 | 12.0 | 5.6% |
Top Suppliers of Worked Wax Articles to Pakistan in 2022:
- Indonesia (966.8M units)
- China (495.0M units)
- Vietnam (359.1M units)
- Bangladesh (106.3M units)
- France (42.3M units)
- South Korea (41.8M units)
Worked Wax Articles Exports in Pakistan
In 2022, approx. 2.9B units of worked articles of wax were exported from Pakistan; increasing by 245% on the previous year's figure. Overall, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 279% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, worked wax articles exports surged to $14M in 2022. In general, exports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 271%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Worked Wax Articles in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 3,766 | 299 | 1,845 | 4,493 | 6.1% |
United Kingdom | 1,055 | 223 | 1,582 | 3,651 | 51.3% |
Germany | 739 | 206 | 447 | 1,059 | 12.7% |
Netherlands | 56.2 | 22.7 | 349 | 806 | 143.0% |
Australia | 308 | 26.0 | 218 | 504 | 17.8% |
Chile | 92.4 | 56.7 | 217 | 501 | 75.7% |
Italy | 335 | 56.4 | 45.0 | 332 | -0.3% |
Russia | 107 | 88.7 | 140 | 323 | 44.5% |
Canada | 194 | 151 | 49.2 | 301 | 15.8% |
France | 72.5 | 53.6 | 114 | 263 | 53.7% |
Slovenia | 297 | 3.2 | 15.7 | 240 | -6.9% |
Others | 1,774 | 425 | 959 | 1,376 | -8.1% |
Total | 8,796 | 1,611 | 5,982 | 13,849 | 16.3% |
Top Export Markets for Worked Wax Articles from Pakistan in 2022:
- United States (994.0M units)
- United Kingdom (752.1M units)
- Germany (210.9M units)
- Netherlands (166.0M units)
- Australia (103.8M units)
- Chile (103.3M units)
- Russia (66.6M units)
- Italy (65.0M units)
- Canada (60.4M units)
- France (54.2M units)
- Slovenia (46.3M units)
This report provides an in-depth analysis of the worked wax articles 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 32995940 - Worked vegetable or mineral..., moulded... articles of wax, s tearin,
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the worked wax articles market in Pakistan.
This report provides an in-depth analysis of the global worked wax articles market.
This report provides an in-depth analysis of the worked wax articles market in Pakistan.
This report provides an in-depth analysis of the global worked wax articles market.
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