Pakistan: Copper Sanitary Ware Market 2024

Copper Sanitary Ware Market Size in Pakistan

In 2022, the Pakistani copper sanitary ware market increased by X% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, the total consumption indicated temperate growth from 2012 to 2022: its value 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, consumption increased by X% against 2018 indices. Over the period under review, the market reached the maximum level in 2022 and is likely to see steady growth in the immediate term.

Copper Sanitary Ware Production in Pakistan

In value terms, copper sanitary ware production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Copper Sanitary Ware Exports

Exports from Pakistan

In 2022, approx. X tons of sanitary ware and parts of copper were exported from Pakistan; with a decrease of X% on 2021. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper sanitary ware exports fell rapidly to $X in 2022. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X tons) was the main destination for copper sanitary ware exports from Pakistan, with a X% share of total exports. Moreover, copper sanitary ware exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), sixfold. The third position in this ranking was taken by Kuwait (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Kuwait (X% per year).

In value terms, Saudi Arabia ($X) remains the key foreign market for sanitary ware and parts of copper exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with an 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 Saudi Arabia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average copper sanitary ware export price stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price posted a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Saudi Arabia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Sanitary Ware Imports

Imports into Pakistan

In 2022, imports of sanitary ware and parts of copper into Pakistan skyrocketed to X tons, with an increase of X% compared with the previous year's figure. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, copper sanitary ware imports skyrocketed to $X in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of copper sanitary ware to Pakistan, with a X% share of total imports. Moreover, copper sanitary ware imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by Spain (X tons), with a X% share.

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

In value terms, the largest copper sanitary ware suppliers to Pakistan were China ($X), Germany ($X) and Spain ($X), with a combined X% share of total imports.

In terms of the main suppliers, Spain, with a CAGR of X%, recorded 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

In 2022, the average copper sanitary ware import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 Spain ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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