Pakistan: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Pakistan

The Pakistani sodium carbonate market shrank modestly to $X in 2022, approximately mirroring the previous year. Overall, consumption, however, recorded a slight curtailment. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Sodium Carbonate Production in Pakistan

In value terms, sodium carbonate production reduced to $X in 2022 estimated in export price. Overall, production, however, showed a mild downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Sodium Carbonate Exports

Exports from Pakistan

In 2022, shipments abroad of sodium carbonate decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then plummeted in the following year.

In value terms, sodium carbonate exports surged to $X in 2022. In general, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Bangladesh (X tons) was the main destination for sodium carbonate exports from Pakistan, with a X% share of total exports. Moreover, sodium carbonate exports to Bangladesh exceeded the volume sent to the second major destination, Sri Lanka (X tons), twofold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, Bangladesh ($X) remains the key foreign market for sodium carbonate exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

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

Export Prices by Country

The average sodium carbonate export price stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price enjoyed a notable increase. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Carbonate Imports

Imports into Pakistan

In 2022, supplies from abroad of sodium carbonate decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports faced a significant contraction. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, sodium carbonate imports contracted sharply to $X in 2022. Overall, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of sodium carbonate to Pakistan, accounting for a X% share of total imports. Moreover, sodium carbonate imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold.

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

In value terms, Germany ($X) constituted the largest supplier of sodium carbonate to Pakistan, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average sodium carbonate import price amounted to $X per ton, reducing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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