Report Update Nov 1, 2024

Pakistan - Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Steatite Market 2021

Steatite Market Size in Pakistan

In 2019, the Pakistani steatite market decreased by -X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2014 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Steatite Production in Pakistan

In value terms, steatite production reached $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, production reached the peak level in 2019 and is likely to see steady growth in the immediate term.

Steatite Exports

Exports from Pakistan

Steatite exports from Pakistan soared to X tons in 2019, jumping by X% compared with 2018. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, steatite exports surged to $X in 2019. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Exports peaked in 2019 and are expected to retain growth in the immediate term.

Exports by Country

The U.S. (X tons), China (X tons) and South Korea (X tons) were the main destinations of steatite exports from Pakistan, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) emerged as the key foreign market for steatite exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by China ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to the U.S. stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2019, the average steatite export price amounted to $X per ton, growing by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. As a result, export price attained the peak level of $X per ton. From 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan, while the prices for the other major destinations experienced more modest paces of growth.

Steatite Imports

Imports into Pakistan

After two years of decline, supplies from abroad of steatites increased by X% to X tons in 2019. Over the period under review, imports saw a significant increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Imports peaked at X tons in 2016; however, from 2017 to 2019, imports failed to regain the momentum.

In value terms, steatite imports soared to $X in 2019. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2011 when imports increased by X% year-to-year. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Afghanistan (X tons) was the main steatite supplier to Pakistan, accounting for a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Afghanistan stood at +X%.

In value terms, Afghanistan ($X) constituted the largest supplier of steatite to Pakistan.

From 2007 to 2019, the average annual growth rate of value from Afghanistan amounted to +X%.

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price, however, showed a mild descent. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per ton in 2007; however, from 2008 to 2019, import prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Afghanistan amounted to +X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steatites in the world?

The countries with the highest volumes of steatite consumption in 2019 were China, Germany and Japan, together comprising 32% of global consumption.

What are the largest producers of steatites in the world?

The countries with the highest volumes of steatite production in 2019 were China, Afghanistan and Finland, with a combined 65% share of global production.

What are the leading suppliers of steatites to Pakistan?

In value terms, Afghanistan constituted the largest supplier of steatite to Pakistan.

What are the leading importers of steatites from Pakistan?

In value terms, the U.S. emerged as the key foreign market for steatite exports from Pakistan, comprising 30% of total exports. The second position in the ranking was occupied by China, with a 15% share of total exports. It was followed by South Korea, with a 14% share.

What is the average export price for steatites in Pakistan?

In 2019, the average steatite export price amounted to $197 per ton, surging by 3.6% against the previous year.

What is the average import price for steatites in Pakistan?

The average steatite import price stood at $103 per ton in 2019, picking up by 3.1% against the previous year.

This report provides an in-depth analysis of the steatite 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 2025.

Product coverage:

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