Report Update Nov 1, 2024

Pakistan - Precious Metal Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Market for Precious Metal Ores And Concentrates 2024

Market Size for Precious Metal Ores And Concentrates in Pakistan

The Pakistani market for precious metal ores and concentrates dropped slightly to $X in 2022, declining by -2.4% against the previous year. Overall, consumption, however, continues to indicate a buoyant expansion. Precious metal ore and concentrate consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Precious Metal Ores And Concentrates in Pakistan

In value terms, precious metal ore and concentrate production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted strong growth. The pace of growth was the most pronounced in 2016 with an increase of 36%. Precious metal ore and concentrate production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Precious Metal Ores And Concentrates

Exports from Pakistan

In 2022, overseas shipments of precious metal ores and concentrates increased by 144% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 238%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, precious metal ore and concentrate exports skyrocketed to $X in 2022. In general, exports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when exports increased by 67%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for precious metal ore and concentrate exports from Pakistan, accounting for a 97% share of total exports. It was followed by Turkey (X tons), with a 3.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to China totaled +23.6%.

In value terms, China ($X) remains the key foreign market for precious metal ores and concentrates exports from Pakistan, comprising 96% of total exports. The second position in the ranking was held by Turkey ($X), with a 3.5% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to -13.4%.

Export Prices by Country

In 2022, the average export price for precious metal ores and concentrates amounted to $X per ton, dropping by -44.1% against the previous year. Over the period under review, the export price continues to indicate a sharp descent. The pace of growth appeared the most rapid in 2013 an increase of 58%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-15.6%).

Imports of Precious Metal Ores And Concentrates

Imports into Pakistan

In 2021, after two years of growth, there was significant decline in supplies from abroad of precious metal ores and concentrates, when their volume decreased by -59.1% to X kg. Overall, imports saw a sharp reduction. The pace of growth was the most pronounced in 2020 when imports increased by 100%. Imports peaked at X kg in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, precious metal ore and concentrate imports contracted dramatically to $X in 2021. In general, imports recorded a significant contraction. The pace of growth was the most pronounced in 2020 with an increase of 152% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, South Africa (X kg) was the main precious metal ore and concentrate supplier to Pakistan, accounting for a approx. 100% share of total imports.

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

In value terms, South Africa ($X) constituted the largest supplier of precious metal ores and concentrates to Pakistan.

From 2012 to 2021, the average annual growth rate of value from South Africa was relatively modest.

Import Prices by Country

In 2021, the average import price for precious metal ores and concentrates amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The growth pace was the most rapid in 2020 an increase of 26%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for precious metal ores and concentrates in the world?

The country with the largest volume of precious metal ore and concentrate consumption was China, accounting for 39% of total volume. Moreover, precious metal ore and concentrate consumption in China exceeded the figures recorded by the second-largest consumer, Russia, sevenfold. The third position in this ranking was occupied by Peru, with a 5.4% share.

What are the largest producers of precious metal ores and concentrates in the world?

The countries with the highest volumes of in 2021 were Australia, Peru and Russia, with a combined 37% share of global production. These countries were followed by Ecuador, Greece, Indonesia, Turkey, Mexico, Brazil, South Africa, Argentina, Chile and Tanzania, which together accounted for a further 34%.

What are the leading suppliers of precious metal ores and concentrates to Pakistan?

In value terms, the United States $524) constituted the largest supplier of precious metal ore and concentrate to Pakistan.

What is the average export price for precious metal ores and concentrates in Pakistan?

In 2021, the average export price for precious metal ores and concentrates amounted to $3,368 per ton, with an increase of 21% against the previous year.

What is the average import price for precious metal ores and concentrates in Pakistan?

In 2020, the average import price for precious metal ores and concentrates amounted to $8,019 per ton, with an increase of 16% against the previous year.

This report provides an in-depth analysis of the market for precious metal ore and concentrate 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 2030.

Product coverage:

Prodcom 07291400 - Precious metal ores and concentrates

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