Pakistan: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Pakistan

In 2022, the Pakistani market for PVC floor, wall and ceiling coverings was finally on the rise to reach $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports from Pakistan

In 2022, shipments abroad of PVC floor, wall and ceiling coverings increased by X% to X square meters, rising for the fourth year in a row after two years of decline. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of PVC floor, wall and ceiling coverings skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Afghanistan (X square meters) was the main destination for exports of PVC floor, wall and ceiling coverings from Pakistan, accounting for a X% share of total exports. Moreover, exports of PVC floor, wall and ceiling coverings to Afghanistan exceeded the volume sent to the second major destination, Palestine (X square meters), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and Thailand (X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for PVC floor, wall and ceiling coverings exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Palestine ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Afghanistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Palestine (X% per year) and Thailand (X% per year).

Export Prices by Country

The average export price for PVC floor, wall and ceiling coverings stood at $X per square meter in 2022, surging by X% against the previous year. Over the period under review, export price indicated a strong increase 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, export price for PVC floor, wall and ceiling coverings increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per square meter), while the average price for exports to Afghanistan ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan (X%).

Imports of PVC Floor, Wall and Ceiling Coverings

Imports into Pakistan

In 2022, overseas purchases of PVC floor, wall and ceiling coverings were finally on the rise to reach X square meters after two years of decline. In general, imports posted a noticeable increase. Imports peaked at X square meters in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of PVC floor, wall and ceiling coverings surged to $X in 2022. Overall, imports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X square meters) constituted the largest PVC floor, wall and ceiling coverings supplier to Pakistan, accounting for a X% share of total imports. Moreover, imports of PVC floor, wall and ceiling coverings from China exceeded the figures recorded by the second-largest supplier, the UK (X square meters), more than tenfold. Iran (X square meters) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Iran (X% per year).

In value terms, China ($X) constituted the largest supplier of PVC floor, wall and ceiling coverings to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports. It was followed by Iran, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the average import price for PVC floor, wall and ceiling coverings amounted to $X per square meter, waning by X% against the previous year. In general, the import price, however, recorded pronounced growth. The pace of growth was the most pronounced in 2015 an increase of X%. Over the period under review, average import prices attained the maximum at $X per square meter in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per square meter), while the price for the United Arab Emirates ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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