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Pakistan - Pig Iron And Spiegeleisen - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Pig Iron Market Overview 2021

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Pig Iron Market Size in Pakistan

For the third consecutive year, the Pakistani pig iron market recorded decline in sales value, which decreased by -X% to $X in 2020. Overall, consumption faced a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2007; however, from 2008 to 2020, consumption failed to regain the momentum.

Pig Iron Production in Pakistan

In value terms, pig iron production declined sharply to $X in 2020 estimated in export prices. Over the period under review, production showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Pig iron production peaked at $X in 2008; however, from 2009 to 2020, production stood at a somewhat lower figure.

Pig Iron Exports

Exports from Pakistan

In 2020, approx. X tonnes of pig iron and spiegeleisen were exported from Pakistan; rising by X% compared with the previous year. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, pig iron exports surged to $X in 2020. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see gradual growth in years to come.

Exports by Country

Bahrain (X tonnes) and Sweden (X tonnes) were the main destinations of pig iron exports from Pakistan.

From 2007 to 2020, the biggest increases were in Bahrain (+X% per year).

In value terms, Bahrain ($X) remains the key foreign market for pig iron exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Bahrain stood at +X%.

Export Prices by Country

In 2020, the average pig iron export price amounted to $X per tonne, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, showed a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Bahrain ($X per tonne), while the average price for exports to Sweden amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Pig Iron Imports

Imports into Pakistan

In 2020, overseas purchases of pig iron and spiegeleisen were finally on the rise to reach X tonnes after two years of decline. In general, imports, however, recorded a pronounced descent. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, pig iron imports soared to $X in 2020. Overall, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Russia (X tonnes) constituted the largest supplier of pig iron to Pakistan, with a X% share of total imports. Moreover, pig iron imports from Russia exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), threefold. South Africa (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Russia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and South Africa (-X% per year).

In value terms, Russia ($X) constituted the largest supplier of pig iron to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Russia was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and South Africa (-X% per year).

Import Prices by Country

The average pig iron import price stood at $X per tonne in 2020, growing by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the countries with the highest prices were Brazil ($X per tonne) and Russia ($X per tonne), while the price for Iran ($X per tonne) and South Africa ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pig iron and spiegeleisen in the world?
+
China (837M tonnes) constituted the country with the largest volume of pig iron consumption, accounting for 74% of total volume. Moreover, pig iron consumption in China exceeded the figures recorded by the second-largest consumer, India (81M tonnes), tenfold. The third position in this ranking was occupied by South Korea (57M tonnes), with a 5% share.
What are the largest producers of pig iron and spiegeleisen in the world?
+
The country with the largest volume of pig iron production was China (832M tonnes), comprising approx. 73% of total volume. Moreover, pig iron production in China exceeded the figures recorded by the second-largest producer, India (82M tonnes), tenfold. The third position in this ranking was occupied by South Korea (57M tonnes), with a 5% share.
What are the leading suppliers of pig iron and spiegeleisen to Pakistan?
+
In value terms, Russia ($2M) constituted the largest supplier of pig iron to Pakistan, comprising 46% of total imports. The second position in the ranking was occupied by Brazil ($797K), with a 19% share of total imports. It was followed by South Africa, with a 8.9% share.
What are the leading importers of pig iron and spiegeleisen from Pakistan?
+
In value terms, Bahrain ($386K) remains the key foreign market for pig iron exports from Pakistan, comprising 81% of total exports. The second position in the ranking was occupied by Sweden ($90K), with a 19% share of total exports.
What is the average export price for pig iron and spiegeleisen in Pakistan?
+
The average pig iron export price stood at $341 per tonne in 2020, remaining constant against the previous year.
What is the average import price for pig iron and spiegeleisen in Pakistan?
+
In 2020, the average pig iron import price amounted to $417 per tonne, rising by 13% against the previous year.

Product coverage:
• Prodcom 24101100 - Pig iron and spiegeleisen in pigs, blocks or other primary forms

This report provides an in-depth analysis of the pig iron market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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