Pakistan: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Pakistan

The Pakistani enamels and glazes market skyrocketed to $X in 2021, surging by 77% 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 recorded a significant expansion. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in years to come.

Enamels And Glazes Exports

Exports from Pakistan

In 2021, overseas shipments of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 484% to X kg, rising for the second consecutive year after five years of decline. In general, exports saw resilient growth. The pace of growth appeared the most rapid in 2013 with an increase of 6,440% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, enamels and glazes exports surged to $X in 2021. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2013 when exports increased by 3,956%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for enamels and glazes exports from Pakistan, with a 80% share of total exports. Moreover, enamels and glazes exports to the United Arab Emirates exceeded the volume sent to the second major destination, Canada (X kg), fourfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +51.3%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Pakistan, comprising 83% of total exports. The second position in the ranking was taken by Canada ($X), with a 17% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates totaled +27.4%.

Export Prices by Country

In 2021, the average enamels and glazes export price amounted to $X per ton, waning by -13.1% against the previous year. In general, the export price, however, recorded a buoyant expansion. The growth pace was the most rapid in 2015 when the average export price increased by 387%. Over the period under review, the average export prices attained the maximum at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-15.6%).

Enamels And Glazes Imports

Imports into Pakistan

In 2021, purchases abroad of vitrifiable enamels and glazes for ceramics, enamelling or glass increased by 98% to X tons, rising for the sixth consecutive year after three years of decline. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2019 when imports increased by 134% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, enamels and glazes imports surged to $X in 2021. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2019 with an increase of 166%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of enamels and glazes to Pakistan, accounting for a 64% share of total imports. Moreover, enamels and glazes imports from China exceeded the figures recorded by the second-largest supplier, Spain (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +29.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+33.3% per year) and South Korea (+9.1% per year).

In value terms, the largest enamels and glazes suppliers to Pakistan were China ($X), Spain ($X) and South Korea ($X), with a combined 87% share of total imports.

Spain, with a CAGR of +36.9%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average enamels and glazes import price stood at $X per ton in 2021, falling by -16.7% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 26%. Over the period under review, average import prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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