Pakistan: Ethylene Polymer Bag Market 2025

Ethylene Polymer Bag Market Size in Pakistan

The Pakistani ethylene polymer bag market reached $X in 2022, picking up by 3.2% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Ethylene Polymer Bag Production in Pakistan

In value terms, ethylene polymer bag production totaled $X in 2022 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 50%. Ethylene polymer bag production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Ethylene Polymer Bag Exports

Exports from Pakistan

In 2022, after two years of decline, there was significant growth in shipments abroad of sacks and bags of polymers of ethylene, when their volume increased by 151% to X tons. Overall, exports, however, showed a dramatic decline. The pace of growth was the most pronounced in 2019 with an increase of 25,057% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, ethylene polymer bag exports soared to $X in 2022. Over the period under review, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2019 when exports increased by 13,765% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

India (X tons) was the main destination for ethylene polymer bag exports from Pakistan, with a 68% share of total exports. Moreover, ethylene polymer bag exports to India exceeded the volume sent to the second major destination, the UK (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a 3.8% share.

From 2012 to 2022, the average annual growth rate of volume to India amounted to -22.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-11.0% per year) and Japan (+47.6% per year).

In value terms, India ($X) remains the key foreign market for sacks and bags of polymers of ethylene exports from Pakistan, comprising 97% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a 0.8% share of total exports. It was followed by the UK, with a 0.6% share.

From 2012 to 2022, the average annual growth rate of value to India stood at -20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (-3.7% per year) and the UK (-29.3% per year).

Export Prices by Country

The average ethylene polymer bag export price stood at $X per ton in 2022, waning by -8.4% against the previous year. In general, export price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene polymer bag export price increased by +18.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while the average price for exports to the Philippines ($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 India (+2.3%), while the prices for the other major destinations experienced a decline.

Ethylene Polymer Bag Imports

Imports into Pakistan

After two years of decline, overseas purchases of sacks and bags of polymers of ethylene increased by 100% to X tons in 2022. Overall, imports saw a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 553%. Over the period under review, imports attained the maximum at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, ethylene polymer bag imports soared to $X in 2022. Over the period under review, imports enjoyed strong growth. The pace of growth was the most pronounced in 2013 when imports increased by 718% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Vietnam (X tons) and China (X tons) were the main suppliers of ethylene polymer bag imports to Pakistan, together comprising 20% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +65.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), China ($X) and Turkey ($X) constituted the largest ethylene polymer bag suppliers to Pakistan, together comprising 28% of total imports.

In terms of the main suppliers, Turkey, with a CAGR of +68.3%, recorded the highest growth rate of the value of imports, 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 ethylene polymer bag import price amounted to $X per ton, with a decrease of -20.3% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 an increase of 47% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :