Pakistan: Metal Rivet Market 2025

Metal Rivet Market Size in Pakistan

In 2022, the Pakistani metal rivet market increased by 120% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption, however, faced a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Rivet Exports

Exports from Pakistan

In 2022, metal rivet exports from Pakistan reduced markedly to X tons, with a decrease of -30% on the year before. In general, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 523%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, metal rivet exports shrank markedly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 572% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X tons) was the main destination for metal rivet exports from Pakistan, accounting for a 67% share of total exports. Moreover, metal rivet exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), fourfold. The third position in this ranking was held by Qatar (X kg), with a 5.4% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at +44.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+46.5% per year) and Qatar (+9.2% per year).

In value terms, the largest markets for metal rivet exported from Pakistan were the United Arab Emirates ($X), Saudi Arabia ($X) and Qatar ($X), together comprising 73% of total exports.

In terms of the main countries of destination, Saudi Arabia, with a CAGR of +40.9%, saw the highest growth rate of 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

The average metal rivet export price stood at $X per ton in 2022, reducing by -7.1% against the previous year. In general, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of 45%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Tanzania ($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 Turkey (+27.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Pakistan

In 2022, purchases abroad of iron or steel rivets increased by 117% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 188% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, metal rivet imports soared to $X in 2022. Over the period under review, imports, however, saw a abrupt setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Hong Kong SAR (X tons), China (X tons) and Japan (X tons) were the main suppliers of metal rivet imports to Pakistan, together comprising 80% of total imports. Romania, Thailand, Germany, Turkey, Vietnam and Italy lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +76.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of iron or steel rivets to Pakistan, comprising 69% of total imports. The second position in the ranking was taken by China ($X), with a 15% share of total imports. It was followed by Romania, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR stood at -10.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.9% per year) and Romania (+45.8% per year).

Import Prices by Country

The average metal rivet import price stood at $X per ton in 2022, dropping by -3.3% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 61%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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