Pakistan: Plant-Growth Regulators Market 2024

Plant-Growth Regulators Market Size in Pakistan

In 2023, the Pakistani plant-growth regulators market increased by X% to $X, rising for the third year in a row after three years of decline. In general, the total consumption indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2020 indices. Plant-growth regulators consumption peaked at $X in 2017; however, from 2018 to 2023, consumption stood at a somewhat lower figure.

Plant-Growth Regulators Exports

Exports from Pakistan

In 2023, shipments abroad of plant-growth regulators increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, showed a precipitous decrease. The pace of growth appeared the most rapid in 2018 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, plant-growth regulators exports fell to $X in 2023. Overall, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for plant-growth regulators exports from Pakistan, with a X% share of total exports. Moreover, plant-growth regulators exports to the Netherlands exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), fivefold. The third position in this ranking was taken by Bangladesh (X kg), with a X% share.

From 2012 to 2023, the average annual growth rate of volume to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Bangladesh (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for plant-growth regulators exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the Netherlands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Zambia (X% per year).

Export Prices by Country

The average plant-growth regulators export price stood at $X per ton in 2023, falling by X% against the previous year. Over the period under review, the export price, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2022, and then fell rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plant-Growth Regulators Imports

Imports into Pakistan

Plant-growth regulators imports into Pakistan was estimated at X tons in 2023, growing by X% on the year before. In general, total imports indicated a buoyant increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, plant-growth regulators imports stood at $X in 2023. Overall, total imports indicated a strong expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2023, imports remained at a lower figure.

Imports by Country

China (X tons), the United States (X tons) and India (X tons) were the main suppliers of plant-growth regulators imports to Pakistan, with a combined X% share of total imports. Malaysia, France, Germany and Vietnam lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Vietnam (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of plant-growth regulators to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2023, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and India (X% per year).

Import Prices by Country

In 2023, the average plant-growth regulators import price amounted to $X per ton, dropping by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2023, 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 China ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform