Report Update Nov 1, 2024

Pakistan - Spindles and Spindle Flyers, Spinning Ring and Ring Travellers - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Market for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers 2024

Market Size for Spindles And Spindle Flyers, Spinning Ring And Ring Travellers in Pakistan

The Pakistani spindles and spindle flyer market fell remarkably to $X in 2022, which is down by -36.2% 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). Over the period under review, consumption saw a mild setback. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Exports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Exports from Pakistan

After two years of growth, shipments abroad of spindles and spindle flyers, spinning ring and ring travellers decreased by -43.8% to X tons in 2022. Overall, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2018 with an increase of 1,140%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, spindles and spindle flyer exports rose slightly to $X in 2022. Over the period under review, exports, however, recorded resilient growth. The growth pace was the most rapid in 2018 with an increase of 1,500%. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Uzbekistan (X tons) was the main destination for spindles and spindle flyer exports from Pakistan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uzbekistan stood at +59.8%.

In value terms, Uzbekistan ($X) also remains the key foreign market for spindles and spindle flyers, spinning ring and ring travellers exports from Pakistan.

From 2012 to 2022, the average annual growth rate of value to Uzbekistan totaled +85.5%.

Export Prices by Country

In 2022, the average spindles and spindle flyer export price amounted to $X per ton, picking up by 82% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 145%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Bahrain amounted to +32.4% per year.

Imports of Spindles And Spindle Flyers, Spinning Ring And Ring Travellers

Imports into Pakistan

After five years of growth, supplies from abroad of spindles and spindle flyers, spinning ring and ring travellers decreased by -39.5% to X tons in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 132% against the previous year. As a result, imports reached the peak of X tons, and then contracted sharply in the following year.

In value terms, spindles and spindle flyer imports contracted rapidly to $X in 2022. Over the period under review, imports saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of spindles and spindle flyer to Pakistan, with a 69% share of total imports. Moreover, spindles and spindle flyer imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), sixfold. The third position in this ranking was taken by Germany (X tons), with a 9.4% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+13.1% per year) and Germany (-0.8% per year).

In value terms, the largest spindles and spindle flyer suppliers to Pakistan were China ($X), Germany ($X) and Switzerland ($X), together comprising 77% of total imports. The United States, the Czech Republic and Japan lagged somewhat behind, together comprising a further 17%.

Among the main suppliers, the United States, with a CAGR of +18.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average spindles and spindle flyer import price stood at $X per ton in 2022, with an increase of 9.4% against the previous year. In general, the import price, however, continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 an increase of 18%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+5.6%), 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 spindles and spindle flyers, spinning ring and ring travellers in the world?

The countries with the highest volumes of in 2021 were Pakistan, the Czech Republic and Luxembourg, together comprising 39% of global consumption. Oman, Nigeria, Indonesia, Malaysia, Germany, Bangladesh, India, Vietnam and Hong Kong SAR lagged somewhat behind, together comprising a further 41%.

What are the largest producers of spindles and spindle flyers, spinning ring and ring travellers in the world?

The Czech Republic constituted the country with the largest volume of spindles and spindle flyer production, accounting for 46% of total volume. Moreover, spindles and spindle flyer production in the Czech Republic exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by China, with an 11% share.

What are the leading suppliers of spindles and spindle flyers, spinning ring and ring travellers to Pakistan?

In value terms, the largest spindles and spindle flyer suppliers to Pakistan were China, Germany and Switzerland, with a combined 78% share of total imports. These countries were followed by the United States, Japan and the Czech Republic, which together accounted for a further 17%.

What are the leading importers of spindles and spindle flyers, spinning ring and ring travellers from Pakistan?

In value terms, Uzbekistan remains the key foreign market for spindles and spindle flyer exports from Pakistan.

What is the average export price for spindles and spindle flyers, spinning ring and ring travellers in Pakistan?

In 2021, the average spindles and spindle flyer export price amounted to $13,412 per ton, declining by -57.7% against the previous year.

What is the average import price for spindles and spindle flyers, spinning ring and ring travellers in Pakistan?

In 2021, the average spindles and spindle flyer import price amounted to $16,658 per ton, with a decrease of -44% against the previous year.

This report provides an in-depth analysis of the market for spindles and spindle flyer 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 28945130 - Spindles and spindle flyers, spinning ring and ring travellers

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