Report Update Nov 1, 2024

Pakistan - Propene (Propylene) - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Propene Market 2024

Propene Market Size in Pakistan

The Pakistani propene market amounted to $X in 2021, remaining stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Propene Production in Pakistan

In value terms, propene production stood at $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 15%. Propene production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Propene Exports

Exports from Pakistan

Propene exports from Pakistan soared to X tons in 2019, rising by 160% compared with 2018 figures. Over the period under review, exports, however, showed a deep slump. The exports peaked at X tons in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, propene exports surged to $X in 2019. Overall, exports, however, saw a deep contraction. The exports peaked at $X in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for propene exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to the United Arab Emirates amounted to +2,493.3%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for propene (propylene) exports from Pakistan.

From 2017 to 2019, the average annual rate of growth in terms of value to the United Arab Emirates amounted to +1,948.3%.

Export Prices by Country

The average propene export price stood at $X per ton in 2019, reducing by -4.5% against the previous year. Over the last two-year period, it increased at an average annual rate of +6.5%. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. As a result, the export price attained the peak level of $X per ton, and then reduced slightly in the following year.

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

From 2017 to 2019, the rate of growth in terms of prices for the Philippines amounted to +18.4% per year.

Propene Imports

Imports into Pakistan

For the third year in a row, Pakistan recorded decline in purchases abroad of propene (propylene), which decreased by -83.6% to X tons in 2015. Over the period under review, imports continue to indicate a precipitous contraction. Imports peaked at X tons in 2012; however, from 2013 to 2015, imports failed to regain momentum.

In value terms, propene imports reduced rapidly to $X in 2015. Overall, imports continue to indicate a sharp descent. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2015, imports stood at a somewhat lower figure.

Imports by Country

In 2015, Saudi Arabia (X tons) was the main supplier of propene to Pakistan, accounting for a approx. 99.9% share of total imports.

From 2012 to 2015, the average annual rate of growth in terms of volume from Saudi Arabia amounted to -83.6%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of propene (propylene) to Pakistan.

From 2012 to 2015, the average annual rate of growth in terms of value from Saudi Arabia totaled -79.9%.

Import Prices by Country

In 2015, the average propene import price amounted to $X per ton, growing by 23% against the previous year. In general, import price indicated significant growth from 2012 to 2015: its price increased at an average annual rate of +23.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2015 figures, propene import price increased by +85.9% against 2012 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2015, the rate of growth in terms of prices for Saudi Arabia amounted to +23.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propene (propylene) in the world?

The countries with the highest volumes of propene consumption in 2021 were the United States, India and Japan, together comprising 29% of global consumption. Pakistan, Brazil, China, Bangladesh, Germany, the UK, Mexico, Russia, Turkey and the Netherlands lagged somewhat behind, together accounting for a further 31%.

What are the largest producers of propene (propylene) in the world?

The countries with the highest volumes of propene production in 2021 were the United States, India and Japan, together comprising 31% of global production. Pakistan, Brazil, Bangladesh, South Korea, Germany, the UK, Russia, Turkey, Mexico and the Netherlands lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of propene (propylene) to Pakistan?

In value terms, Saudi Arabia constituted the largest supplier of propene to Pakistan.

What is the average export price for propene (propylene) in Pakistan?

In 2019, the average propene export price amounted to $1,404 per ton, rising by 14% against the previous year.

This report provides an in-depth analysis of the propene 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 2030.

Product coverage:

Prodcom 20141140 - Propene (propylene)

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