Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (CIF) - 2022
The average import price for wadding; other articles thereof, of man-made fibreses stood at $3,776 per ton in 2022, picking up by 31% against the previous year. Over the period under review, the import price showed temperate growth. The pace of growth was the most pronounced in 2016 an increase of 71%. Over the period under review, average import prices hit record highs at $3,849 per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($6,046 per ton), while the price for China ($1,947 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+147.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of man-made fibreses amounted to $6,998 per ton, picking up by 128% against the previous year. In general, the export price continues to indicate a modest expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($9,580 per ton), while the average price for exports to Sri Lanka ($2,657 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 the United States (+1.9%).
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan
Imports of wadding; other articles thereof, of man-made fibreses into Pakistan amounted to 614 tons in 2022, with an increase of 4.4% on 2021. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 191%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses skyrocketed to $2.3M in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 117%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 237 | 145 | 695 | 1,686 | 92.3% |
| Singapore | 46.2 | 26.5 | 124 | 275 | 81.2% |
| China | 15.7 | 19.2 | 195 | 191 | 130.0% |
| Russia | N/A | N/A | 25.9 | 96.7 | 273.4% |
| Taiwan (Chinese) | 28.5 | 7.9 | 36.5 | 37.6 | 9.7% |
| United Arab Emirates | 388 | 567 | 496 | N/A | 13.1% |
| Others | 25.9 | 12.4 | 117 | 32.9 | 8.3% |
| Total | 742 | 778 | 1,690 | 2,319 | 46.2% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Pakistan in 2022:
- South Korea (402.5 tons)
- China (98.2 tons)
- Singapore (78.9 tons)
- Russia (16.0 tons)
- Taiwan (Chinese) (11.2 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan
Exports of wadding; other articles thereof, of man-made fibreses from Pakistan soared to 20 tons in 2022, rising by 123,438% against the year before. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses surged to $138K in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 121 | 0% |
| Sri Lanka | N/A | N/A | N/A | 9.7 | 0% |
| United Kingdom | N/A | N/A | N/A | 8.0 | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.1 | N/A | N/A | 138 | 1013.3% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Pakistan in 2022:
- United States (15.3 tons)
- Sri Lanka (3.7 tons)
- United Kingdom (0.8 tons)
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