Pakistan: Market for Welded And Cold-Formed Sections Of Steel 2025

Market Size for Welded And Cold-Formed Sections Of Steel in Pakistan

The Pakistani market for welded and cold-formed sections of steel stood at $X in 2022, rising by 6.1% against the previous year. Over the period under review, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +20.4% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Welded And Cold-Formed Sections Of Steel in Pakistan

In value terms, welded and cold-formed steel sections production expanded rapidly to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +28.8% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of 58%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Welded And Cold-Formed Sections Of Steel

Exports from Pakistan

In 2022, welded and cold-formed steel sections exports from Pakistan declined markedly to X tons, waning by -16.9% against 2021. Over the period under review, exports saw a dramatic contraction. The pace of growth appeared the most rapid in 2014 with an increase of 79% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, welded and cold-formed steel sections exports expanded sharply to $X in 2022. In general, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 92%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for welded and cold-formed steel sections exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to the UK amounted to +130.8%.

In value terms, the UK ($X) also remains the key foreign market for welded and cold-formed sections of steel exports from Pakistan.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +175.3%.

Export Prices by Country

In 2022, the average export price for welded and cold-formed sections of steel amounted to $X per ton, growing by 38% against the previous year. In general, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, welded and cold-formed steel sections export price decreased by -2.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by 113%. As a result, the export price reached the peak level of $X per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +19.3% per year.

Imports of Welded And Cold-Formed Sections Of Steel

Imports into Pakistan

In 2022, after two years of decline, there was significant growth in overseas purchases of welded and cold-formed sections of steel, when their volume increased by 55% to X tons. Overall, imports, however, saw a abrupt downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 700% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, welded and cold-formed steel sections imports skyrocketed to $X in 2022. Over the period under review, imports, however, faced a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 847% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United Arab Emirates (X tons), China (X tons) and Germany (X tons) were the main suppliers of welded and cold-formed steel sections imports to Pakistan.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +104.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest welded and cold-formed steel sections suppliers to Pakistan were the United Arab Emirates ($X), China ($X) and Germany ($X).

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +62.2%, saw 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 import price for welded and cold-formed sections of steel stood at $X per ton in 2022, waning by -12.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2021 an increase of 34% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped in the following year.

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 Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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