
Pakistan - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
Pakistan: Market for Precious Metal Ores And Concentrates 2023
Market Size for Precious Metal Ores And Concentrates in Pakistan
The Pakistani market for precious metal ores and concentrates soared to $X in 2021, picking up by 17% against the previous year. In general, consumption enjoyed a remarkable increase. Precious metal ore and concentrate consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Production of Precious Metal Ores And Concentrates in Pakistan
In value terms, precious metal ore and concentrate production soared to $X in 2021 estimated in export price. Overall, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 with an increase of 70% against the previous year. Precious metal ore and concentrate production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.
Exports of Precious Metal Ores And Concentrates
Exports from Pakistan
For the fourth consecutive year, Pakistan recorded growth in shipments abroad of precious metal ores and concentrates, which increased by 309% to X tons in 2021. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, precious metal ore and concentrate exports skyrocketed to $X in 2021. In general, exports, however, recorded a perceptible descent. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.
Exports by Country
Turkey (X tons) was the main destination for precious metal ore and concentrate exports from Pakistan, accounting for a 88% share of total exports. Moreover, precious metal ore and concentrate exports to Turkey exceeded the volume sent to the second major destination, China (X tons), eightfold.
From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest.
In value terms, Turkey ($X) and China ($X) appeared to be the largest markets for precious metal ore and concentrate exported from Pakistan worldwide.
Turkey, with a CAGR of 0.0%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.
Export Prices by Country
In 2021, the average export price for precious metal ores and concentrates amounted to $X per ton, reducing by -50.8% against the previous year. Over the period under review, the export price continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2013 an increase of 99% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.
Prices varied noticeably country of destination: the country with the highest price was China ($X per ton), while the average price for exports to Turkey stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-10.0%).
Imports of Precious Metal Ores And Concentrates
Imports into Pakistan
After two years of growth, overseas purchases of precious metal ores and concentrates decreased by -50% to X kg in 2021. Overall, imports continue to indicate a precipitous slump. The growth pace was the most rapid in 2020 with an increase of 43%. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports remained at a lower figure.
In value terms, precious metal ore and concentrate imports contracted rapidly to $X in 2021. Over the period under review, imports saw a precipitous setback. The pace of growth was the most pronounced in 2020 when imports increased by 152%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, South Africa (X kg) was the main precious metal ore and concentrate supplier to Pakistan, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa was relatively modest.
In value terms, South Africa ($X) constituted the largest supplier of precious metal ore and concentrate to Pakistan.
From 2012 to 2021, the average annual growth rate of value from South Africa was relatively modest.
Import Prices by Country
The average import price for precious metal ores and concentrates stood at $X per ton in 2021, with a decrease of -6.2% against the previous year. Over the period under review, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 77% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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