Pakistan: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Pakistan

The Pakistani market for boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2022, growing by X% against the previous year. In general, consumption recorded a moderate expansion. Consumption of peaked in 2022 and is expected to retain growth in the near future.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Pakistan

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced stood at less than $X in 2022 estimated in export price. In general, production recorded a sharp downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Pakistan

In 2022, exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Pakistan soared to X square meters, with an increase of X% on the previous year. Over the period under review, exports, however, recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at X square meters in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced surged to $X in 2022. In general, exports, however, saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Pakistan, accounting for a X% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to the United Arab Emirates exceeded the volume sent to the second major destination, Oman (X square meters), more than tenfold. The third position in this ranking was taken by Sri Lanka (X square meters), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Sri Lanka (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Oman ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (X% per year) and Sri Lanka (X% per year).

Export Prices by Country

In 2022, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, flattening at the previous year. Overall, the export price showed a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.

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 the United Arab Emirates ($X per square meter), while the average price for exports to Sri Lanka ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Pakistan

In 2022, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were imported into Pakistan; waning by X% against 2021. In general, imports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at X square meters in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced shrank to $X in 2022. Overall, imports showed a noticeable downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest supplier of board, sheet, panel, tile and similar article of plaster not faced to Pakistan, accounting for a X% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster not faced from China exceeded the figures recorded by the second-largest supplier, Japan (X square meters), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and Germany (X% per year).

In value terms, China ($X), Japan ($X) and Germany ($X) were the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Pakistan, together accounting for X% of total imports.

Among the main suppliers, Japan, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for boards, sheets, panels, tiles and similar articles of plaster not faced stood at $X per square meter in 2022, rising by X% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for boards, sheets, panels, tiles and similar articles of plaster not faced increased by X% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Japan ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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