Pakistan: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Pakistan

The Pakistani market for self-adhesive plastic tape in rolls of a width under 20cm surged to $X in 2022, growing by 18% 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 posted prominent growth. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Pakistan

In 2022, after three years of growth, there was significant decline in overseas shipments of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -73.7% to X tons. Overall, exports saw a precipitous decline. The pace of growth was the most pronounced in 2015 with an increase of 303%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm shrank markedly to $X in 2022. In general, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 325%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Guinea (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under 20cm from Pakistan, accounting for a 57% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under 20cm to Guinea exceeded the volume sent to the second major destination, the United States (X tons), threefold. The third position in this ranking was held by the UK (X kg), with a 6.7% share.

From 2012 to 2022, the average annual growth rate of volume to Guinea amounted to +69.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.4% per year) and the UK (-23.4% per year).

In value terms, the largest markets for self-adhesive plastic tape in rolls of a width under 20cm exported from Pakistan were Guinea ($X), the United States ($X) and the UK ($X), with a combined 78% share of total exports. Australia, the United Arab Emirates and Bahrain lagged somewhat behind, together comprising a further 20%.

Australia, with a CAGR of +91.8%, recorded the highest rates of growth with regard to 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

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, reducing by -23.3% against the previous year. Over the period under review, the export price saw a slight curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by 43% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Guinea ($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 United Arab Emirates (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Pakistan

In 2022, the amount of self-adhesive plastic tape in rolls of a width under 20cm imported into Pakistan surged to X tons, rising by 19% on 2021 figures. In general, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 252%. Over the period under review, imports of attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm expanded notably to $X in 2022. Over the period under review, total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +9.4% 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 +32.2% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 41%. Over the period under review, imports of reached the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Pakistan, with a 69% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under 20cm from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Japan (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +11.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and Japan (+3.7% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under 20cm to Pakistan, comprising 56% of total imports. The second position in the ranking was taken by Germany ($X), with a 7% share of total imports. It was followed by Japan, with a 6% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.3% per year) and Japan (+11.1% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, waning by -9.2% against the previous year. In general, the import price, however, recorded measured growth. The pace of growth was the most pronounced in 2017 an increase of 166% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 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 the Netherlands ($X per ton), while the price for Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :