Pakistan: Silicates Market 2024

Silicates Market Size in Pakistan

The Pakistani silicates market fell to $X in 2022, waning by X% against the previous year. Over the period under review, consumption showed a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Silicates consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Silicates Production in Pakistan

In value terms, silicates production stood at $X in 2022 estimated in export price. In general, production saw a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Silicates production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Silicates Exports

Exports from Pakistan

In 2022, overseas shipments of silicates, commercial alkali metal silicates increased by X% to X tons, rising for the second year in a row after two years of decline. In general, exports saw strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, silicates exports skyrocketed to $X in 2022. Over the period under review, exports showed a notable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sri Lanka (X tons), Mozambique (X tons) and Saudi Arabia (X tons) were the main destinations of silicates exports from Pakistan, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), Bangladesh ($X) and Sri Lanka ($X) appeared to be the largest markets for silicates exported from Pakistan worldwide, together accounting for X% of total exports. Saudi Arabia, Mozambique, Myanmar, Djibouti and Afghanistan lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average silicates export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Afghanistan ($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.

Silicates Imports

Imports into Pakistan

In 2022, supplies from abroad of silicates, commercial alkali metal silicates increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports recorded a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, silicates imports stood at $X in 2022. Over the period under review, imports saw a prominent expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of silicates to Pakistan, with a X% share of total imports. Moreover, silicates imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by Malaysia (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of silicates, commercial alkali metal silicates to Pakistan, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with an X% share of total imports. It was followed by India, with a X% share.

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

Import Prices by Country

The average silicates import price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price showed a slight contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then declined remarkably in the following year.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :