Report Update Nov 1, 2024

Pakistan - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Pakistan: Propylene Glycol Market 2024

Propylene Glycol Market Size in Pakistan

The Pakistani propylene glycol market expanded sharply to $X in 2022, rising by 8.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a resilient expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Propylene Glycol Exports

Exports from Pakistan

In 2019, approx. X tons of propylene glycol (propane-1,2-diol) were exported from Pakistan; remaining stable against 2018. Overall, exports continue to indicate a mild downturn. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

In value terms, propylene glycol exports amounted to $X in 2019. In general, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Sri Lanka (X tons) was the main destination for propylene glycol exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Sri Lanka was relatively modest.

From 2013 to 2019, the average annual rate of growth in terms of value to Sri Lanka was relatively modest.

Export Prices by Country

The average propylene glycol export price stood at $X per ton in 2019, approximately reflecting the previous year. Overall, the export price showed a modest expansion. The pace of growth was the most pronounced in 2016 when the average export price decreased by 99.9%. The export price peaked in 2019 and is expected to retain growth in the near future.

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

From 2013 to 2019, the rate of growth in terms of prices for Sri Lanka amounted to 0.0% per year.

Propylene Glycol Imports

Imports into Pakistan

In 2022, after three years of growth, there was significant decline in purchases abroad of propylene glycol (propane-1,2-diol), when their volume decreased by -9% to X tons. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +5.0% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 36% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then fell in the following year.

In value terms, propylene glycol imports soared to $X in 2022. Overall, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons), Thailand (X tons) and Singapore (X tons) were the main suppliers of propylene glycol imports to Pakistan, together accounting for 77% of total imports. The United States, South Korea, France, Saudi Arabia, Democratic People's Republic of Korea and Belgium lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +41.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest propylene glycol suppliers to Pakistan were China ($X), Thailand ($X) and Singapore ($X), with a combined 80% share of total imports.

Thailand, with a CAGR of +43.7%, 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

The average propylene glycol import price stood at $X per ton in 2022, jumping by 27% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propylene glycol import price increased by +100.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 57%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 44% share of global consumption. These countries were followed by Japan, Brazil, Italy, Turkey, the UK, France, South Korea, Poland, Canada and Taiwan Chinese), which together accounted for a further 32%.

What are the largest producers of propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together accounting for 48% of global production. These countries were followed by India, Japan, Brazil, South Korea, Thailand, the UK, France, Turkey, Spain and Italy, which together accounted for a further 37%.

What are the leading suppliers of propylene glycol (propane-1,2-diol) to Pakistan?

In value terms, China, Thailand and South Korea were the largest propylene glycol suppliers to Pakistan, together accounting for 77% of total imports.

What is the average export price for propylene glycol (propane-1,2-diol) in Pakistan?

In 2019, the average propylene glycol export price amounted to $2,776 per ton, almost unchanged from the previous year.

What is the average import price for propylene glycol (propane-1,2-diol) in Pakistan?

The average propylene glycol import price stood at $1,778 per ton in 2021, growing by 26% against the previous year.

This report provides an in-depth analysis of the propylene glycol 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 20142320 - Propylene glycol (propane-1,2-diol)

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