Pakistan: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Pakistan

The Pakistani gypsum and anhydrite market dropped sharply to $X in 2021, falling by -16.6% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Gypsum And Anhydrite Production in Pakistan

In value terms, gypsum and anhydrite production fell dramatically to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a deep setback. The growth pace was the most rapid in 2020 with an increase of 201% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Gypsum And Anhydrite Exports

Exports from Pakistan

After two years of decline, shipments abroad of gypsum and anhydrite increased by 21% to X tons in 2021. In general, exports, however, faced a precipitous setback. The pace of growth appeared the most rapid in 2018 with an increase of 125%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, gypsum and anhydrite exports soared to $X in 2021. Overall, exports, however, recorded a sharp curtailment. Over the period under review, the exports attained the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for gypsum and anhydrite exports from Pakistan, accounting for a 69% share of total exports. Moreover, gypsum and anhydrite exports to China exceeded the volume sent to the second major destination, Bangladesh (X tons), fivefold. Taiwan (Chinese) (X tons) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +120.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+36.8% per year) and Taiwan (Chinese) (+69.8% per year).

In value terms, China ($X) remains the key foreign market for gypsum and anhydrite exports from Pakistan, comprising 70% of total exports. The second position in the ranking was held by Bangladesh ($X), with a 15% share of total exports. It was followed by Taiwan (Chinese), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +155.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+14.6% per year) and Taiwan (Chinese) (+47.9% per year).

Export Prices by Country

The average gypsum and anhydrite export price stood at $X per ton in 2021, increasing by 20% against the previous year. Overall, the export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to South Africa ($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 China (+15.3%), while the prices for the other major destinations experienced a decline.

Gypsum And Anhydrite Imports

Imports into Pakistan

In 2021, supplies from abroad of gypsum and anhydrite decreased by -16.7% to X tons, falling for the fifth year in a row after three years of growth. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2014 with an increase of 48% against the previous year. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, gypsum and anhydrite imports shrank remarkably to $X in 2021. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by 49% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest gypsum and anhydrite supplier to Pakistan, with a 57% share of total imports. Moreover, gypsum and anhydrite imports from India exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 19% share.

From 2012 to 2021, the average annual growth rate of volume from India amounted to +40.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-13.2% per year) and Spain (+17.4% per year).

In value terms, India ($X) constituted the largest supplier of gypsum and anhydrite to Pakistan, comprising 58% of total imports. The second position in the ranking was held by China ($X), with a 25% share of total imports. It was followed by Spain, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India amounted to +43.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.2% per year) and Spain (+16.5% per year).

Import Prices by Country

In 2021, the average gypsum and anhydrite import price amounted to $X per ton, reducing by -6.4% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gypsum and anhydrite import price increased by +79.6% against 2018 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 53% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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