Pakistan: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Pakistan

The Pakistani chain scoops and sliders market dropped to $X in 2022, with a decrease of -10.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a pronounced downturn. Chain scoops and sliders consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports from Pakistan

In 2022, the amount of chain scoops, sliders, runners, end pieces and narrow strips exported from Pakistan declined dramatically to X kg, dropping by -98.3% against 2021. Overall, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 1,535%. The exports peaked at X tons in 2021, and then reduced markedly in the following year.

In value terms, chain scoops and sliders exports fell notably to $X in 2022. Over the period under review, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 771% against the previous year. The exports peaked at $X in 2021, and then dropped significantly in the following year.

Exports by Country

The United Arab Emirates (X kg) was the main destination for chain scoops and sliders exports from Pakistan, accounting for a 92% share of total exports. Moreover, chain scoops and sliders exports to the United Arab Emirates exceeded the volume sent to the second major destination, the United States (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +31.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-37.6% per year) and Italy (-16.4% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for chain scoops, sliders, runners, end pieces and narrow strips exports from Pakistan, comprising 94% of total exports. The second position in the ranking was taken by the United States ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +26.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-26.6% per year) and Italy (-18.5% per year).

Export Prices by Country

In 2022, the average chain scoops and sliders export price amounted to $X per ton, with an increase of 561% against the previous year. In general, the export price continues to indicate resilient growth. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Italy ($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 the United States (+17.9%), while the prices for the other major destinations experienced a decline.

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports into Pakistan

In 2022, imports of chain scoops, sliders, runners, end pieces and narrow strips into Pakistan contracted to X tons, dropping by -2.8% against 2021 figures. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 65%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, chain scoops and sliders imports declined to $X in 2022. Overall, imports recorded a slight decline. The most prominent rate of growth was recorded in 2021 with an increase of 148%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Indonesia (X tons) and Japan (X tons) were the main suppliers of chain scoops and sliders imports to Pakistan, together accounting for 87% of total imports. Taiwan (Chinese), Italy and Vietnam lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +96.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest chain scoops and sliders suppliers to Pakistan were Japan ($X), Indonesia ($X) and China ($X), with a combined 86% share of total imports. Taiwan (Chinese), Vietnam and Italy lagged somewhat behind, together accounting for a further 12%.

Italy, with a CAGR of +80.9%, saw the highest growth rate of 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 chain scoops and sliders import price stood at $X per ton in 2022, which is down by -11.6% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable increase. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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