Pakistan: Cement Pipe Market 2024

Cement Pipe Market Size in Pakistan

The Pakistani cement pipe market rose slightly to $X in 2022, picking up by 2.7% against the previous year. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Cement Pipe Production in Pakistan

In value terms, cement pipe production expanded modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by 28% against the previous year. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Cement Pipe Exports

Exports from Pakistan

In 2022, exports of pipes and other articles of cement from Pakistan soared to X tons, jumping by 73% on the previous year. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2016 when exports increased by 265%. Over the period under review, the exports attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, cement pipe exports skyrocketed to $X in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 120%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Afghanistan (X tons) was the main destination for cement pipe exports from Pakistan, accounting for a 65% share of total exports. Moreover, cement pipe exports to Afghanistan exceeded the volume sent to the second major destination, the United States (X tons), fourfold. The third position in this ranking was held by the UK (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan stood at +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+38.4% per year) and the UK (+2.2% per year).

In value terms, the largest markets for cement pipe exported from Pakistan were the United States ($X), the UK ($X) and Afghanistan ($X), with a combined 80% share of total exports. Canada, the United Arab Emirates and Oman lagged somewhat behind, together comprising a further 15%.

The United Arab Emirates, with a CAGR of +93.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, reducing by -14.9% against the previous year. Overall, the export price, however, recorded a strong increase. The growth pace was the most rapid in 2021 an increase of 116%. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Afghanistan ($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 the UK (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cement Pipe Imports

Imports into Pakistan

In 2022, cement pipe imports into Pakistan skyrocketed to X tons, with an increase of 241% against the year before. In general, imports enjoyed a strong expansion. The pace of growth appeared the most rapid in 2014 with an increase of 1,625% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, cement pipe imports skyrocketed to $X in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by 1,759% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of cement pipe to Pakistan, accounting for a 26% share of total imports. Moreover, cement pipe imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Spain (X tons), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +106.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+2.4% per year) and Spain (+37.5% per year).

In value terms, Turkey ($X), China ($X) and Spain ($X) constituted the largest cement pipe suppliers to Pakistan, together accounting for 38% of total imports.

Turkey, with a CAGR of +88.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average cement pipe import price amounted to $X per ton, dropping by -31.9% against the previous year. Overall, the import price recorded a pronounced setback. The growth pace was the most rapid in 2017 an increase of 83% against the previous year. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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