Pakistan: Linoleum Market 2024

Linoleum Market Size in Pakistan

In 2021, after three years of growth, there was decline in the Pakistani linoleum market, when its value decreased by less than 0.1% to $X. In general, consumption showed a noticeable decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Linoleum Production in Pakistan

In value terms, linoleum production reached $X in 2021 estimated in export price. In general, production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2015 with an increase of 8.4%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Linoleum Exports

Exports from Pakistan

In 2021, shipments abroad of linoleum decreased by -81.6% to X square meters, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 1,599% against the previous year. The exports peaked at X square meters in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, linoleum exports reduced sharply to $X in 2021. In general, exports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 164%. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The Philippines (X square meters) was the main destination for linoleum exports from Pakistan, with a 41% share of total exports. Moreover, linoleum exports to the Philippines exceeded the volume sent to the second major destination, Thailand (X square meters), threefold. The third position in this ranking was taken by France (X square meters), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume to the Philippines totaled -73.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-25.4% per year) and France (-53.0% per year).

In value terms, the Philippines ($X) emerged as the key foreign market for linoleum exports from Pakistan, comprising 21% of total exports. The second position in the ranking was held by Thailand ($X), with a 7.8% share of total exports. It was followed by Qatar, with a 1.9% share.

From 2012 to 2021, the average annual growth rate of value to the Philippines stood at -76.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (-26.9% per year) and Qatar (-46.1% per year).

Export Prices by Country

The average linoleum export price stood at $X per square meter in 2021, with an increase of 24% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 366%. As a result, the export price attained the peak level of $X per square meter. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per square meter), while the average price for exports to Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+4.7%), while the prices for the other major destinations experienced a decline.

Linoleum Imports

Imports into Pakistan

In 2021, linoleum imports into Pakistan rose rapidly to X square meters, picking up by 6% compared with the previous year. Overall, imports, however, continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2019 when imports increased by 417% against the previous year. Imports peaked at X square meters in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, linoleum imports reduced to $X in 2021. Over the period under review, imports, however, continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2013 with an increase of 312% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Italy (X square meters) constituted the largest supplier of linoleum to Pakistan, with a 48% share of total imports. Moreover, linoleum imports from Italy exceeded the figures recorded by the second-largest supplier, Cyprus (X square meters), twofold. China (X square meters) ranked third in terms of total imports with a 20% share.

From 2012 to 2021, the average annual growth rate of volume from Italy stood at -8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Cyprus (-37.6% per year) and China (-38.8% per year).

In value terms, the largest linoleum suppliers to Pakistan were Italy ($X), China ($X) and Cyprus ($X), together comprising 87% of total imports.

Italy, with a CAGR of -10.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average linoleum import price amounted to $X per square meter, with a decrease of -11.8% against the previous year. Over the period under review, the import price recorded a perceptible slump. The most prominent rate of growth was recorded in 2017 an increase of 45% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2018 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per square meter), while the price for Thailand ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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