Pakistan: Market for Pure Polyvinyl Chloride in Primary Forms 2024

Market Size for Pure Polyvinyl Chloride in Primary Forms in Pakistan

The Pakistani market for pure polyvinyl chloride in primary forms surged to $X in 2022, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed resilient growth. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Exports of Pure Polyvinyl Chloride in Primary Forms

Exports from Pakistan

In 2022, shipments abroad of pure polyvinyl chloride in primary forms decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a modest increase. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined notably in the following year.

In value terms, exports of pure polyvinyl chloride in primary forms contracted dramatically to $X in 2022. Over the period under review, exports, however, saw a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then dropped markedly in the following year.

Exports by Country

Egypt (X tons) was the main destination for exports of pure polyvinyl chloride in primary forms from Pakistan, with a X% share of total exports. Moreover, exports of pure polyvinyl chloride in primary forms to Egypt exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), fourfold. Turkey (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 Egypt stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Turkey (X% per year).

In value terms, Egypt ($X) emerged as the key foreign market for pure polyvinyl chloride in primary forms exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Turkey ($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 Egypt totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average export price for pure polyvinyl chloride in primary forms amounted to $X per ton, with a decrease of X% against the previous year. In general, the export price, however, continues to indicate a slight increase. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat 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 Turkey ($X per ton), while the average price for exports to Egypt ($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 China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pure Polyvinyl Chloride in Primary Forms

Imports into Pakistan

In 2022, approx. X tons of pure polyvinyl chloride in primary forms were imported into Pakistan; with an increase of X% against 2021 figures. Overall, imports showed strong growth. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of pure polyvinyl chloride in primary forms rose remarkably to $X in 2022. Over the period under review, imports showed buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Indonesia (X tons), China (X tons) and Sweden (X tons) were the main suppliers of imports of pure polyvinyl chloride in primary forms to Pakistan, together comprising X% of total imports. Thailand, Japan, Malaysia, Belgium, South Korea, the United States, Saudi Arabia and Taiwan (Chinese) 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 Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), China ($X) and Sweden ($X) appeared to be the largest pure polyvinyl chloride in primary forms suppliers to Pakistan, with a combined X% share of total imports. Thailand, Malaysia, Belgium, Japan, South Korea, the United States, Saudi Arabia and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Belgium, with a CAGR of X%, saw the highest growth rate of 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

The average import price for pure polyvinyl chloride in primary forms stood at $X per ton in 2022, flattening at the previous year. Overall, import price indicated slight 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, import price for pure polyvinyl chloride in primary forms increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Sweden ($X per ton), while the price for Japan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform