Pakistan: Market for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm 2022

Market Size for Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm in Pakistan

The Pakistani market for aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a prominent increase. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Exports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Pakistan

In 2021, the amount of aluminium alloy plates, sheets and strip of thickness over X mm exported from Pakistan fell to X tons, declining by -X% compared with the year before. In general, exports saw a slight decrease. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium alloy plates, sheets and strip of thickness over X mm contracted significantly to $X in 2021. Over the period under review, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for exports of aluminium alloy plates, sheets and strip of thickness over X mm from Pakistan, accounting for a X% share of total exports. Moreover, exports of aluminium alloy plates, sheets and strip of thickness over X mm to the United Arab Emirates exceeded the volume sent to the second major destination, Mozambique (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +X%.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled +X%.

Export Prices by Country

In 2021, the average export price for aluminium alloy plates, sheets and strip of thickness over X mm amounted to $X per ton, falling by -X% against the previous year. In general, the export price, however, posted measured growth. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton, and then contracted sharply in the following year.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Mozambique ($X per ton), while the average price for exports to the United Arab Emirates totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%).

Imports of Aluminium Alloy Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Pakistan

In 2021, approx. X tons of aluminium alloy plates, sheets and strip of thickness over X mm were imported into Pakistan; with an increase of X% against 2020. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports of reached the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, imports of aluminium alloy plates, sheets and strip of thickness over X mm surged to $X in 2021. Over the period under review, imports posted a buoyant increase. The growth pace was the most rapid in 2015 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Pakistan, with a X% share of total imports. Moreover, imports of aluminium alloy plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and the United Arab Emirates (-X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium alloy plate, sheet and strip of thickness over X mm to Pakistan, comprising X% of total imports. The second position in the ranking was held by South Korea ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and the United Arab Emirates (-X% per year).

Import Prices by Country

The average import price for aluminium alloy plates, sheets and strip of thickness over X mm stood at $X per ton in 2021, growing by X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was South Korea ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :