Pakistan: Envelope Market 2024

Envelope Market Size in Pakistan

In 2021, the Pakistani envelope market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, saw a mild reduction. Envelope consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Envelope Production in Pakistan

In value terms, envelope production rose remarkably to $X in 2021 estimated in export price. In general, production, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2015 when the production volume increased by 27% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Envelope Exports

Exports from Pakistan

In 2021, the amount of envelopes exported from Pakistan soared to X tons, growing by 807% against 2020 figures. Overall, exports continue to indicate strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, envelope exports skyrocketed to $X in 2021. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for envelope exports from Pakistan, accounting for a 61% share of total exports. Moreover, envelope exports to the United States exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The third position in this ranking was taken by Norway (X kg), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +90.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Norway (+69.4% per year).

In value terms, the United States ($X) emerged as the key foreign market for envelopes exports from Pakistan, comprising 64% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a 20% share of total exports. It was followed by Canada, with a 6.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +111.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (0.0% per year) and Canada (+34.0% per year).

Export Prices by Country

In 2021, the average envelope export price amounted to $X per ton, growing by 41% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, envelope export price increased by +78.2% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($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 South Africa (+95.3%), while the prices for the other major destinations experienced more modest paces of growth.

Envelope Imports

Imports into Pakistan

In 2021, approx. X tons of envelopes were imported into Pakistan; rising by 55% compared with 2020 figures. Over the period under review, imports posted a perceptible increase. The pace of growth appeared the most rapid in 2019 with an increase of 77%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, envelope imports soared to $X in 2021. In general, total imports indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.5% against 2019 indices. The pace of growth appeared the most rapid in 2014 when imports increased by 45% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), China (X tons) and Singapore (X tons) were the main suppliers of envelope imports to Pakistan, with a combined 82% share of total imports. These countries were followed by Sri Lanka, the United States, the United Arab Emirates and Hong Kong SAR, which together accounted for a further 15%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sri Lanka (with a CAGR of +93.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest envelope suppliers to Pakistan were Thailand ($X), Singapore ($X) and China ($X), with a combined 78% share of total imports. These countries were followed by the United States, Sri Lanka, the United Arab Emirates and Hong Kong SAR, which together accounted for a further 18%.

Sri Lanka, with a CAGR of +89.6%, recorded 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

In 2021, the average envelope import price amounted to $X per ton, waning by -20.4% against the previous year. In general, the import price continues to indicate a mild curtailment. The growth pace was the most rapid in 2014 an increase of 66%. Over the period under review, average import prices reached the maximum at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :