Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan - 2023

Contents:

  1. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (CIF) - 2022
  2. Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (FOB) - 2022
  3. Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan
  4. Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (CIF) - 2022

The average import price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $2,237 per ton in 2022, falling by -40.2% against the previous year. In general, the import price recorded a perceptible decrease. The growth pace was the most rapid in 2021 an increase of 39%. Over the period under review, average import prices attained the peak figure at $4,643 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.3% per year.

Price for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (FOB) - 2022

The average export price for glass; unworked, in balls (other than microspheres of heading no. 7018) stood at $190 per ton in 2022, reducing by -48.2% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2014 an increase of 30%. Over the period under review, the average export prices reached the maximum at $1,508 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,273 per ton), while the average price for exports to Afghanistan ($38 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 Sri Lanka (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan

In 2022, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) into Pakistan rose significantly to 144 tons, picking up by 8.3% on the previous year. Over the period under review, imports, however, showed a dramatic slump.

In value terms, imports of glass; unworked, in balls (other than microspheres of heading no. 7018) declined notably to $323K in 2022. Overall, imports, however, showed a precipitous slump. The smallest decline of -32.3% was in 2020.

Import of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,353914494318-38.3%
Others4.54.34.34.92.9%
Total1,358919499323-38.0%

Top Suppliers of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) to Pakistan in 2022:

  1. China (142.6 tons)

Exports of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan

In 2022, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) from Pakistan surged to 44 tons, with an increase of 275% against the year before. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of glass; unworked, in balls (other than microspheres of heading no. 7018) surged to $8.4K in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 158%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) in Pakistan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1335951,5342,89236.7%
Malaysia1,6497151,5202,36512.8%
Afghanistan1351153901,300112.8%
United Kingdom19691.020834821.1%
Saudi Arabia24.014.049.084.051.8%
Others6051436091,38031.6%
Total3,7421,6734,3108,36930.8%

Top Export Markets for Glass; Unworked, in Balls (Other than Microspheres of Heading No. 7018) from Pakistan in 2022:

  1. Afghanistan (34.4 tons)
  2. Japan (3.3 tons)
  3. Malaysia (3.2 tons)
  4. Saudi Arabia (1.3 tons)
  5. United Kingdom (0.9 tons)

Source: IndexBox Market Intelligence Platform

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