Report Update Nov 1, 2024

Pakistan - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Iron Ore Market 2021

Iron Ore Market Size in Pakistan

The Pakistani iron ore market surged to $X in 2019, with an increase of X% against the previous year. Overall, consumption, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Iron ore consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Iron Ore Production in Pakistan

In value terms, iron ore production surged to $X in 2019 estimated in export prices. In general, production enjoyed a resilient increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Iron ore production peaked at $X in 2017; however, from 2018 to 2019, production failed to regain the momentum.

Iron Ore Exports

Exports from Pakistan

In 2019, overseas shipments of iron ores decreased by -X% to X tons for the first time since 2016, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Exports peaked at X tons in 2018, and then dropped modestly in the following year.

In value terms, iron ore exports skyrocketed to $X in 2019. Overall, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs in 2019 and are expected to retain growth in the immediate term.

Exports by Country

China (X tons) was the main destination for iron ore exports from Pakistan, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to China stood at +X%.

In value terms, China ($X) also remains the key foreign market for iron ore exports from Pakistan.

From 2007 to 2019, the average annual growth rate of value to China amounted to +X%.

Export Prices by Country

The average iron ore export price stood at $X per ton in 2019, picking up by X% against the previous year. Over the period under review, the export price, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2007 to 2019, the rate of growth in terms of prices for China amounted to -X% per year.

Iron Ore Imports

Imports into Pakistan

For the sixth consecutive year, Pakistan recorded decline in supplies from abroad of iron ores, which decreased by -X% to X tons in 2019. Overall, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, iron ore imports shrank to $X in 2019. Over the period under review, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tons) and China (X tons) were the main suppliers of iron ore imports to Pakistan.

From 2007 to 2019, the biggest increases were in the United Arab Emirates.

In value terms, the largest iron ore suppliers to Pakistan were the United Arab Emirates ($X) and China ($X), together accounting for X% of total imports.

Among the main suppliers, China recorded the highest rates of growth with regard to the value of imports, over the period under review.

Import Prices by Country

The average iron ore import price stood at $X per ton in 2019, picking up by X% against the previous year. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2009 an increase of X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was China ($X per ton), while the price for the United Arab Emirates stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores in the world?

China remains the largest iron ore consuming country worldwide, accounting for 54% of total volume. Moreover, iron ore consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. Australia ranked third in terms of total consumption with a 6.1% share.

What are the largest producers of iron ores in the world?

The countries with the highest volumes of iron ore production in 2019 were Australia, Brazil and China, with a combined 70% share of global production.

What are the leading suppliers of iron ores to Pakistan?

In value terms, the United Arab Emirates and China were the largest iron ore suppliers to Pakistan, with a combined 100% share of total imports.

What are the leading importers of iron ores from Pakistan?

In value terms, China remains the key foreign market for iron ore exports from Pakistan.

What is the average export price for iron ores in Pakistan?

In 2019, the average iron ore export price amounted to $79 per ton, picking up by 20% against the previous year.

What is the average import price for iron ores in Pakistan?

The average iron ore import price stood at $207 per ton in 2019, picking up by 8.3% against the previous year.

This report provides an in-depth analysis of the iron ore market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.

Product coverage:

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023