Pakistan: Medical Gel Preparations Market 2024

Medical Gel Preparations Market Size in Pakistan

The Pakistani medical gel preparations market rose rapidly to $X in 2022, surging by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Medical Gel Preparations Production in Pakistan

In value terms, medical gel preparations production rose significantly to $X in 2022 estimated in export price. Over the period under review, the total production indicated perceptible growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Medical Gel Preparations Exports

Exports from Pakistan

In 2022, after three years of growth, there was significant decline in overseas shipments of gel preparations for human or veterinary medicine, when their volume decreased by X% to X kg. Overall, exports faced a dramatic downturn. The growth pace was the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, medical gel preparations exports dropped to $X in 2022. In general, exports saw a deep downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Myanmar (X kg) was the main destination for medical gel preparations exports from Pakistan, with a X% share of total exports. Moreover, medical gel preparations exports to Myanmar exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Myanmar amounted to X%.

In value terms, Myanmar ($X) remains the key foreign market for gel preparations for human or veterinary medicine exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Myanmar amounted to X%.

Export Prices by Country

The average medical gel preparations export price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Myanmar amounted to $X per ton.

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

Medical Gel Preparations Imports

Imports into Pakistan

In 2022, imports of gel preparations for human or veterinary medicine into Pakistan contracted dramatically to X tons, dropping by X% on 2021 figures. Overall, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, medical gel preparations imports shrank remarkably to $X in 2022. Over the period under review, imports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons), China (X kg) and the United States (X kg) were the main suppliers of medical gel preparations imports to Pakistan, together accounting for X% of total imports. Italy, Germany, the UK, the Netherlands and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest medical gel preparations suppliers to Pakistan were Malaysia ($X), the United States ($X) and China ($X), together accounting for X% of total imports. Italy, the UK, Germany, the Netherlands and Turkey lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, the Netherlands, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average medical gel preparations import price amounted to $X per ton, which is down by X% against the previous year. Overall, import price indicated a notable 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. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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