Pakistan: Stainless Steel Angle Market 2025

Stainless Steel Angle Market Size in Pakistan

The Pakistani stainless steel angle market expanded significantly to $X in 2021, growing by 7.3% against the previous year. The market value increased at an average annual rate of +4.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Stainless Steel Angle Production in Pakistan

In value terms, stainless steel angle production expanded rapidly to $X in 2021 estimated in export price. In general, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 50%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Stainless Steel Angle Exports

Exports from Pakistan

For the third consecutive year, Pakistan recorded decline in shipments abroad of angles, shapes and sections of stainless steel or other alloy steel, which decreased by -71.3% to X tons in 2021. Overall, exports faced a abrupt descent. The pace of growth was the most pronounced in 2014 with an increase of 213% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, stainless steel angle exports shrank sharply to $X in 2021. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 with an increase of 158%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for stainless steel angle exports from Pakistan, with a 64% share of total exports. Moreover, stainless steel angle exports to Afghanistan exceeded the volume sent to the second major destination, Oman (X kg), threefold. The third position in this ranking was held by Turkey (X kg), with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Afghanistan stood at -11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-13.7% per year) and Turkey (0.0% per year).

In value terms, the largest markets for stainless steel angle exported from Pakistan were Afghanistan ($X), Turkey ($X) and Oman ($X), together comprising 79% of total exports. The UK, Djibouti, the United Arab Emirates and Egypt lagged somewhat behind, together comprising a further 20%.

Among the main countries of destination, Egypt, with a CAGR of 0.0%, recorded the highest rates of growth with regard to 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 2021, the average stainless steel angle export price amounted to $X per ton, with an increase of 103% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+284.0%), while the prices for the other major destinations experienced more modest paces of growth.

Stainless Steel Angle Imports

Imports into Pakistan

After two years of growth, overseas purchases of angles, shapes and sections of stainless steel or other alloy steel decreased by -66.1% to X tons in 2021. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2016 when imports increased by 888% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports failed to regain momentum.

In value terms, stainless steel angle imports dropped notably to $X in 2021. Over the period under review, imports, however, continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 with an increase of 954%. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) was the main stainless steel angle supplier to Pakistan, accounting for a 95% share of total imports. It was followed by the United States (X tons), with a 0.2% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +31.5%.

In value terms, China ($X) constituted the largest supplier of angles, shapes and sections of stainless steel or other alloy steel to Pakistan, comprising 90% of total imports. The second position in the ranking was held by the United States ($X), with a 0.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +28.6%.

Import Prices by Country

In 2021, the average stainless steel angle import price amounted to $X per ton, growing by 8.3% against the previous year. In general, the import price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 87%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-2.2%).

Source: IndexBox Platform

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