Pakistan: Wooden Door Market 2024

Wooden Door Market Size in Pakistan

After six years of growth, the Pakistani wooden door market decreased by -10.2% to $X in 2021. In general, consumption, however, showed a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2020, and then dropped in the following year.

Wooden Door Production in Pakistan

In value terms, wooden door production dropped to $X in 2021 estimated in export price. Overall, production, however, posted strong growth. The growth pace was the most rapid in 2016 with an increase of 30% against the previous year. Wooden door production peaked at $X in 2020, and then dropped in the following year.

Wooden Door Exports

Exports from Pakistan

In 2021, shipments abroad of doors and their frames and thresholds of wood decreased by -13.6% to X units, falling for the third year in a row after two years of growth. Over the period under review, exports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 459% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, wooden door exports rose markedly to $X in 2021. Overall, exports continue to indicate a slight decline. The pace of growth appeared the most rapid in 2017 with an increase of 409%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units), the United Arab Emirates (X units) and the United States (X units) were the main destinations of wooden door exports from Pakistan, together comprising 39% of total exports. These countries were followed by India, Sri Lanka, Qatar, Slovakia, Turkey, Thailand, Switzerland, Oman and Kenya, which together accounted for a further 50%.

From 2012 to 2021, the biggest increases were recorded for Qatar (with a CAGR of +43.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wooden door exported from Pakistan were Qatar ($X), the UK ($X) and India ($X), with a combined 47% share of total exports.

In terms of the main countries of destination, Qatar, with a CAGR of +57.7%, saw 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 wooden door export price amounted to $X per unit, surging by 29% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Kenya ($X per unit), while the average price for exports to Switzerland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Door Imports

Imports into Pakistan

After two years of decline, supplies from abroad of doors and their frames and thresholds of wood increased by 36% to X units in 2021. Over the period under review, imports saw a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by 61% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, wooden door imports contracted to $X in 2021. In general, imports saw buoyant growth. The growth pace was the most rapid in 2014 when imports increased by 105% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wooden door to Pakistan, with a 44% share of total imports. Moreover, wooden door imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. Canada (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +22.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+54.3% per year) and Canada (+44.1% per year).

In value terms, the largest wooden door suppliers to Pakistan were China ($X), Canada ($X) and Italy ($X), with a combined 69% share of total imports. These countries were followed by Malaysia, Turkey, the Netherlands and the UK, which together accounted for a further 25%.

Among the main suppliers, the Netherlands, with a CAGR of +55.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average wooden door import price amounted to $X per unit, shrinking by -31.7% against the previous year. Overall, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2014 when the average import price increased by 41% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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