Pakistan: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Pakistan

For the ninth consecutive year, the Pakistani aluminium bar market recorded decline in sales value, which decreased by -X% to $X in 2019. In general, consumption faced a abrupt setback. The pace of growth appeared the most rapid in 2010 with an increase of X% against the previous year. Aluminium bar consumption peaked at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Aluminium Bar Exports

Exports from Pakistan

In 2019, shipments abroad of aluminium bars, rods and profiles increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. In general, exports showed a noticeable expansion. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

In value terms, aluminium bar exports surged to $X in 2019. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2019, exports failed to regain the momentum.

Exports by Country

Afghanistan (X tonnes) was the main destination for aluminium bar exports from Pakistan, accounting for a X% share of total exports. Moreover, aluminium bar exports to Afghanistan exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), fourfold. The United Arab Emirates (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to Afghanistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for aluminium bar exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Afghanistan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and Italy (-X% per year).

Export Prices by Country

In 2019, the average aluminium bar export price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the export price showed a perceptible setback. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Italy ($X per tonne), while the average price for exports to Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced mixed trend patterns.

Aluminium Bar Imports

Imports into Pakistan

In 2019, purchases abroad of aluminium bars, rods and profiles decreased by -X% to X tonnes, falling for the second year in a row after two years of growth. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2007; however, from 2008 to 2019, imports remained at a lower figure.

In value terms, aluminium bar imports shrank dramatically to $X in 2019. Overall, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), Saudi Arabia (X tonnes) and Oman (X tonnes) were the main suppliers of aluminium bar imports to Pakistan, together comprising X% of total imports. Italy, Japan, the United Arab Emirates and South Korea lagged somewhat behind, together comprising a further X 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy, while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of aluminium bar to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Oman ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Oman (-X% per year) and Italy (+X% per year).

Import Prices by Country

In 2019, the average aluminium bar import price amounted to $X per tonne, which is down by -X% against the previous year. In general, the import price faced a abrupt downturn. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Japan ($X per tonne), while the price for Saudi Arabia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Oman, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?

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The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), together comprising 49% of global consumption.

What are the largest producers of aluminium bars, rods and profiles in the world?

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The country with the largest volume of aluminium bar production was China (6.1M tonnes), comprising approx. 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.

What are the leading suppliers of aluminium bars, rods and profiles to Pakistan?

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In value terms, China ($127K) constituted the largest supplier of aluminium bar to Pakistan, comprising 49% of total imports. The second position in the ranking was occupied by Oman ($27K), with a 10% share of total imports. It was followed by Italy, with a 8% share.

What are the leading importers of aluminium bars, rods and profiles from Pakistan?

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In value terms, Afghanistan ($79K) remains the key foreign market for aluminium bar exports from Pakistan, comprising 54% of total exports. The second position in the ranking was occupied by the U.S. ($15K), with a 10% share of total exports. It was followed by Italy, with a 8.3% share.

What is the average export price for aluminium bars, rods and profiles in Pakistan?

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In 2019, the average aluminium bar export price amounted to $3,175 per tonne, dropping by -11.8% against the previous year.

What is the average import price for aluminium bars, rods and profiles in Pakistan?

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In 2019, the average aluminium bar import price amounted to $1,057 per tonne, which is down by -18% against the previous year.