Pakistan: Sodium Carbonate Market 2024

Sodium Carbonate Market Size in Pakistan

The Pakistani sodium carbonate market shrank slightly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Sodium Carbonate Production in Pakistan

In value terms, sodium carbonate production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, saw a slight slump. The most prominent rate of growth was recorded in 2016 when the production volume increased by 25%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Sodium Carbonate Exports

Exports from Pakistan

In 2022, after two years of growth, there was significant decline in shipments abroad of sodium carbonate, when their volume decreased by -20% to X tons. Over the period under review, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by 139% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted markedly in the following year.

In value terms, sodium carbonate exports surged to $X in 2022. In general, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by 124% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Bangladesh (X tons) was the main destination for sodium carbonate exports from Pakistan, with a 69% share of total exports. Moreover, sodium carbonate exports to Bangladesh exceeded the volume sent to the second major destination, Sri Lanka (X tons), fivefold. The third position in this ranking was held by Afghanistan (X tons), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Bangladesh totaled +129.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+458.2% per year) and Afghanistan (+40.2% per year).

In value terms, Bangladesh ($X) remains the key foreign market for sodium carbonate exports from Pakistan, comprising 66% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Bangladesh stood at +141.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+504.7% per year) and the United Arab Emirates (+42.7% per year).

Export Prices by Country

The average sodium carbonate export price stood at $X per ton in 2022, picking up by 56% against the previous year. Over the period under review, the export price saw a moderate increase. Over the period under review, the average export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Afghanistan ($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 the United Arab Emirates (+43.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sodium Carbonate Imports

Imports into Pakistan

After two years of growth, supplies from abroad of sodium carbonate decreased by -3.4% to X tons in 2022. In general, imports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 214%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sodium carbonate imports rose sharply to $X in 2022. Over the period under review, imports saw a pronounced decline. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of sodium carbonate to Pakistan, with a 70% share of total imports. Moreover, sodium carbonate imports from Turkey exceeded the figures recorded by the second-largest supplier, Kenya (X tons), threefold. Iran (X tons) ranked third in terms of total imports with a 1.3% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey totaled +876.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (-6.3% per year) and Iran (-20.7% per year).

In value terms, Turkey ($X) constituted the largest supplier of sodium carbonate to Pakistan, comprising 71% of total imports. The second position in the ranking was taken by Kenya ($X), with a 26% share of total imports. It was followed by Iran, with a 1.4% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at +824.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (-3.5% per year) and Iran (-15.3% per year).

Import Prices by Country

In 2022, the average sodium carbonate import price amounted to $X per ton, surging by 12% against the previous year. Over the period under review, the import price saw temperate growth. The pace of growth was the most pronounced in 2015 an increase of 41% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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