Pakistan: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Pakistan

The Pakistani denatured ethyl alcohol market reached $X in 2022, surging by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Denatured Ethyl Alcohol Production in Pakistan

In value terms, denatured ethyl alcohol production expanded rapidly to $X in 2022 estimated in export price. Overall, production, however, recorded a slight setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. Denatured ethyl alcohol production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports from Pakistan

In 2022, the amount of denatured ethyl alcohol and other denatured spirits exported from Pakistan shrank to X litres, declining by X% compared with 2021 figures. In general, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. The exports peaked at X litres in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, denatured ethyl alcohol exports reached $X in 2022. Overall, exports recorded a abrupt contraction. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X litres) was the main destination for denatured ethyl alcohol exports from Pakistan, accounting for a X% share of total exports. Moreover, denatured ethyl alcohol exports to the United Arab Emirates exceeded the volume sent to the second major destination, Thailand (X litres), threefold. The third position in this ranking was taken by Malaysia (X litres), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for denatured ethyl alcohol and other denatured spirits exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Thailand ($X), with an X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (X% per year) and Malaysia (X% per year).

Export Prices by Country

The average denatured ethyl alcohol export price stood at $X per litre in 2022, rising by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lebanon ($X per litre), while the average price for exports to South Korea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X%), while the prices for the other major destinations experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports

Imports into Pakistan

In 2022, approx. X litres of denatured ethyl alcohol and other denatured spirits were imported into Pakistan; with a decrease of X% compared with 2021 figures. Overall, imports, however, posted a strong expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs at X litres in 2021, and then contracted dramatically in the following year.

In value terms, denatured ethyl alcohol imports shrank significantly to $X in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

France (X litres), the UK (X litres) and South Korea (X litres) were the main suppliers of denatured ethyl alcohol imports to Pakistan, with a combined X% share of total imports.

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

In value terms, France ($X) constituted the largest supplier of denatured ethyl alcohol and other denatured spirits to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from France was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and South Korea (X% per year).

Import Prices by Country

The average denatured ethyl alcohol import price stood at $X per litre in 2022, increasing by X% against the previous year. Overall, the import price posted buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for South Korea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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