Pakistan: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2025

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Pakistan

The Pakistani knitted shawl and scarf market skyrocketed to $X in 2022, rising by 72% against the previous year. Overall, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see steady growth in the near future.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Pakistan

In value terms, knitted shawl and scarf production skyrocketed to $X in 2022 estimated in export price. Overall, production posted a prominent increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 108%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Pakistan

In 2022, overseas shipments of shawls, scarves and the like of knitted or crocheted textiles decreased by -54.5% to X units, falling for the second consecutive year after three years of growth. In general, exports, however, posted a tangible increase. The most prominent rate of growth was recorded in 2020 when exports increased by 556%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports reduced dramatically to $X in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 340% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for knitted shawl and scarf exports from Pakistan, accounting for a 46% share of total exports. Moreover, knitted shawl and scarf exports to the United States exceeded the volume sent to the second major destination, France (X units), twofold. The third position in this ranking was held by Germany (X units), with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to the United States stood at +45.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+44.5% per year) and Germany (+16.1% per year).

In value terms, the largest markets for knitted shawl and scarf exported from Pakistan were the United States ($X), France ($X) and Yemen ($X), with a combined 68% share of total exports.

France, with a CAGR of +49.4%, recorded the highest growth rate of the value of exports, in terms of 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

The average knitted shawl and scarf export price stood at $X per unit in 2022, with an increase of 35% against the previous year. Overall, the export price, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2014 an increase of 36%. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Pakistan

In 2022, supplies from abroad of shawls, scarves and the like of knitted or crocheted textiles increased by 13% to X units, rising for the fifth year in a row after two years of decline. Overall, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 247% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, knitted shawl and scarf imports dropped to $X in 2022. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 181%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) was the main supplier of knitted shawl and scarf to Pakistan, with a approx. 99% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +29.0%.

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Pakistan.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +19.3%.

Import Prices by Country

In 2022, the average knitted shawl and scarf import price amounted to $X per unit, dropping by -19.9% against the previous year. Overall, the import price recorded a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 37% against the previous year. The import price peaked at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.5% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :