Report Pakistan - Resinoids - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 30, 2022

Pakistan - Resinoids - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Resinoids Market 2022

Resinoids Market Size in Pakistan

The Pakistani resinoids market skyrocketed to $X in 2021, picking up by 15% against the previous year. Overall, consumption posted measured growth. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Resinoids Production in Pakistan

In value terms, resinoids production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production enjoyed pronounced growth. The growth pace was the most rapid in 2014 with an increase of 94% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Resinoids Exports

Exports from Pakistan

In 2021, shipments abroad of resinoids increased by 30% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports, however, recorded a deep reduction. The growth pace was the most rapid in 2014 with an increase of 1,849% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, resinoids exports soared to $X in 2021. Overall, exports, however, recorded a slight decrease. The pace of growth was the most pronounced in 2014 with an increase of 2,025%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for resinoids exports from Pakistan, accounting for a 87% share of total exports. Moreover, resinoids exports to Saudi Arabia exceeded the volume sent to the second major destination, the UK (X kg), sevenfold.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia totaled -8.2%.

In value terms, Saudi Arabia ($X) remains the key foreign market for resinoids exports from Pakistan, comprising 95% of total exports. The second position in the ranking was taken by the UK ($X), with a 5.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia totaled -2.3%.

Export Prices by Country

In 2021, the average resinoids export price amounted to $X per ton, shrinking by -10.1% against the previous year. Over the period under review, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, resinoids export price decreased by -24.2% against 2019 indices. The pace of growth was the most pronounced in 2019 when the average export price increased by 65%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+6.5%).

Resinoids Imports

Imports into Pakistan

In 2021, resinoids imports into Pakistan contracted to X tons, waning by -8% on 2020. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 405% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, resinoids imports reduced dramatically to $X in 2021. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 277% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Indonesia (X tons) constituted the largest resinoids supplier to Pakistan, with a 45% share of total imports. Moreover, resinoids imports from Indonesia exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. The third position in this ranking was held by Singapore (X tons), with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from Indonesia totaled +93.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+80.6% per year) and Singapore (+75.5% per year).

In value terms, Indonesia ($X), Singapore ($X) and the UK ($X) appeared to be the largest resinoids suppliers to Pakistan, with a combined 68% share of total imports. Spain, China, the United States, France, India and the United Arab Emirates lagged somewhat behind, together accounting for a further 30%.

China, with a CAGR of +88.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average resinoids import price stood at $X per ton in 2021, declining by -9.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 52%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for resinoids in the world?
+
The countries with the highest volumes of consumption in 2021 were China, Spain and the United States, together comprising 45% of global consumption. India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Turkey lagged somewhat behind, together accounting for a further 26%.
What are the largest producers of resinoids in the world?
+
The countries with the highest volumes of production in 2021 were China, Spain and the United States, with a combined 50% share of global production. India, Japan, Germany, Russia, Pakistan, Indonesia, Mexico, Rwanda and Taiwan Chinese) lagged somewhat behind, together accounting for a further 26%.
What are the leading suppliers of resinoids to Pakistan?
+
In value terms, Indonesia, Singapore and the UK appeared to be the largest resinoids suppliers to Pakistan, with a combined 68% share of total imports. These countries were followed by Spain, China, the United States, France, India and the United Arab Emirates, which together accounted for a further 30%.
What are the leading importers of resinoids from Pakistan?
+
In value terms, Saudi Arabia remains the key foreign market for resinoids exports from Pakistan, comprising 95% of total exports. The second position in the ranking was held by the UK $695), with a 5.2% share of total exports.
What is the average export price for resinoids in Pakistan?
+
In 2021, the average resinoids export price amounted to $4,310 per ton, shrinking by -10.1% against the previous year.
What is the average import price for resinoids in Pakistan?
+
In 2021, the average resinoids import price amounted to $8,566 per ton, which is down by -9.6% against the previous year.

This report provides an in-depth analysis of the resinoids 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 2030.


Product coverage:
• Prodcom 20531030 - Resinoids
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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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