Pakistan: Common Pottery Market 2024

Common Pottery Market Size in Pakistan

The Pakistani common pottery market fell modestly to $X in 2022, almost unchanged from the previous year. Over the period under review, consumption recorded a perceptible descent. Common pottery consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Common Pottery Production in Pakistan

In value terms, common pottery production declined to $X in 2022 estimated in export price. In general, production showed a perceptible descent. The most prominent rate of growth was recorded in 2016 with an increase of 23%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Common Pottery Exports

Exports from Pakistan

Common pottery exports from Pakistan surged to X tons in 2022, jumping by 17% compared with 2021 figures. Overall, exports posted buoyant growth. The growth pace was the most rapid in 2019 with an increase of 104% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, common pottery exports dropped to $X in 2022. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 106% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

The United Arab Emirates (X tons), the UK (X tons) and Oman (X tons) were the main destinations of common pottery exports from Pakistan, with a combined 93% share of total exports. The United States lagged somewhat behind, comprising a further 5.2%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +86.3%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) remains the key foreign market for common pottery exports from Pakistan, comprising 64% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 20% share of total exports. It was followed by the United States, with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+29.0% per year) and the United States (+95.3% per year).

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, reducing by -22.8% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 36%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Oman ($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 (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Pakistan

For the fourth year in a row, Pakistan recorded decline in supplies from abroad of common pottery, which decreased by -15.5% to X tons in 2022. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2014 with an increase of 505%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, common pottery imports declined slightly to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 516% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X tons) and China (X tons) were the main suppliers of common pottery imports to Pakistan.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +21.3%).

In value terms, China ($X) constituted the largest supplier of common pottery to Pakistan, comprising 75% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 22% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +23.6%.

Import Prices by Country

In 2022, the average common pottery import price amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, common pottery import price increased by +81.3% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%).

Source: IndexBox Platform

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