Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan - 2023
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (CIF) - 2023
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (CIF) - 2023
In July 2023, the average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,455 per ton, which is down by -6.4% against the previous month. In general, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in June 2023 an increase of 26% month-to-month. Over the period under review, average import prices reached the peak figure at $2,858 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Germany ($7,344 per ton), while the price for Taiwan (Chinese) ($1,415 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $1,485 per ton, reducing by -28% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2014 an increase of 193% against the previous year. The export price peaked at $3,927 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($3,457 per ton), while the average price for exports to Afghanistan ($1,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+17.1%), while the prices for the other major destinations experienced a decline.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan
In 2022, supplies from abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -3.6% to 12K tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, imports reached the peak of 13K tons, and then reduced in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) totaled $33M in 2022. The total import value increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 25%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.8 | 13.4 | 16.1 | 20.9 | 21.0% |
| Malaysia | 2.8 | 2.0 | 2.6 | 1.9 | -12.1% |
| Egypt | 1.8 | 1.4 | 1.3 | 1.6 | -3.9% |
| Turkey | 0.7 | 0.4 | 0.7 | 1.2 | 19.7% |
| Saudi Arabia | 1.4 | 0.6 | 1.9 | 1.2 | -5.0% |
| Germany | 1.4 | 1.3 | 1.2 | 1.2 | -5.0% |
| Italy | 0.5 | 0.7 | 0.9 | 1.1 | 30.1% |
| Taiwan (Chinese) | 0.7 | 0.7 | 0.7 | 0.9 | 8.7% |
| Thailand | 0.6 | 0.6 | 0.7 | 0.4 | -12.6% |
| Others | 3.3 | 2.8 | 3.4 | 2.6 | -7.6% |
| Total | 25.1 | 23.7 | 29.6 | 33.0 | 9.6% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Pakistan in 2022:
- China (8.1K tons)
- Malaysia (0.7K tons)
- Egypt (0.6K tons)
- Turkey (0.4K tons)
- Saudi Arabia (0.4K tons)
- Italy (0.4K tons)
- Germany (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- Thailand (0.2K tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan
In 2022, shipments abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -73.4% to 15 tons, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2020 when exports increased by 69% against the previous year. As a result, the exports reached the peak of 72 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) contracted remarkably to $22K in 2022. In general, exports recorded a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 4.9% against the previous year. As a result, the exports reached the peak of $140K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 72.1 | 81.1 | 16.4 | 12.1 | -44.8% |
| Bangladesh | 30.3 | 12.2 | 17.2 | 6.3 | -40.8% |
| United Arab Emirates | 1.9 | 16.9 | 12.2 | 1.8 | -1.8% |
| Oman | 2.6 | 17.9 | 0.1 | 1.2 | -22.7% |
| Djibouti | 9.8 | 5.9 | 0.3 | N/A | -82.5% |
| Uzbekistan | N/A | N/A | 64.4 | N/A | 0% |
| Madagascar | N/A | 5.9 | N/A | N/A | 0% |
| Others | 17.1 | 0.3 | 2.0 | 0.2 | -77.3% |
| Total | 134 | 140 | 113 | 21.6 | -45.6% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Pakistan in 2022:
- Afghanistan (11.4 tons)
- Bangladesh (1.8 tons)
- United Arab Emirates (0.6 tons)
- Oman (0.6 tons)
252
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Pakistan.
293
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
252
This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Pakistan.
293
This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
211
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
211
Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
