Pakistan: Market for Industrial Monocarboxylic Fatty Acids 2025

Market Size for Industrial Monocarboxylic Fatty Acids in Pakistan

The Pakistani industrial monocarboxylic fatty acids market contracted modestly to $X in 2021, falling by -3.6% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +15.5% against 2019 indices. Industrial monocarboxylic fatty acids consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Exports of Industrial Monocarboxylic Fatty Acids

Exports from Pakistan

In 2021, approx. X tons of industrial monocarboxylic fatty acids were exported from Pakistan; surging by 558% compared with the previous year's figure. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 2,248% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, industrial monocarboxylic fatty acids exports surged to $X in 2021. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 1,449% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for industrial monocarboxylic fatty acids exports from Pakistan, accounting for a 69% share of total exports. Moreover, industrial monocarboxylic fatty acids exports to the Netherlands exceeded the volume sent to the second major destination, China (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands was relatively modest.

In value terms, the largest markets for industrial monocarboxylic fatty acids exported from Pakistan were the Netherlands ($X) and China ($X).

China, with a CAGR of +68.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

The average industrial monocarboxylic fatty acids export price stood at $X per ton in 2021, rising by 2.4% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average export price increased by 80% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (-8.3%).

Imports of Industrial Monocarboxylic Fatty Acids

Imports into Pakistan

Industrial monocarboxylic fatty acids imports into Pakistan dropped notably to X tons in 2021, declining by -27.6% on 2020. In general, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 116% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, industrial monocarboxylic fatty acids imports amounted to $X in 2021. Over the period under review, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.8% against 2019 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 74% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and Thailand (X tons) were the main suppliers of industrial monocarboxylic fatty acids imports to Pakistan, with a combined 83% share of total imports. These countries were followed by the Philippines, Sri Lanka and Singapore, which together accounted for a further 13%.

From 2012 to 2021, the biggest increases were recorded for Sri Lanka (with a CAGR of +23.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), Indonesia ($X) and Thailand ($X) appeared to be the largest industrial monocarboxylic fatty acids suppliers to Pakistan, together comprising 87% of total imports. These countries were followed by the Philippines, Sri Lanka and Singapore, which together accounted for a further 10%.

In terms of the main suppliers, Sri Lanka, with a CAGR of +33.6%, saw the highest rates of growth with regard to 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

The average industrial monocarboxylic fatty acids import price stood at $X per ton in 2021, growing by 44% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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