Pakistan: Phosphinates And Phosphonates Market 2024

Phosphinates And Phosphonates Market Size in Pakistan

In 2022, the Pakistani phosphinates and phosphonates market decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, recorded a modest expansion. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Phosphinates And Phosphonates Production in Pakistan

In value terms, phosphinates and phosphonates production reached $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion 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 most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Phosphinates and phosphonates production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Phosphinates And Phosphonates Exports

Exports from Pakistan

In 2022, overseas shipments of phosphinates (hypophosphites) and phosphonates (phosphites) increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, phosphinates and phosphonates exports soared to $X in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons), the United Arab Emirates (X tons) and Thailand (X tons) were the main destinations of phosphinates and phosphonates exports from Pakistan, together comprising X% of total exports.

From 2013 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for phosphinates (hypophosphites) and phosphonates (phosphites) exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Thailand, with an X% share.

From 2013 to 2022, the average annual growth rate of value to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Thailand (X% per year).

Export Prices by Country

The average phosphinates and phosphonates export price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (X%).

Phosphinates And Phosphonates Imports

Imports into Pakistan

In 2022, supplies from abroad of phosphinates (hypophosphites) and phosphonates (phosphites) decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, phosphinates and phosphonates imports contracted to $X in 2022. In general, imports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Saudi Arabia (X tons) and the United Arab Emirates (X tons) were the main suppliers of phosphinates and phosphonates imports to Pakistan, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Saudi Arabia (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest phosphinates and phosphonates suppliers to Pakistan were China ($X), Saudi Arabia ($X) and the United Arab Emirates ($X), together accounting for X% of total imports.

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

Import Prices by Country

The average phosphinates and phosphonates import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, import price indicated perceptible growth 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, phosphinates and phosphonates import price decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 India ($X per ton), while the price for the United Arab Emirates ($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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