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Pakistan - Base Metal Hinges - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBase Metal Hinge Price in Pakistan - 2023
Contents:
- Base Metal Hinge Price in Pakistan (CIF) - 2023
- Base Metal Hinge Price in Pakistan (FOB) - 2022
- Base Metal Hinge Imports in Pakistan
- Base Metal Hinge Exports in Pakistan
Base Metal Hinge Price in Pakistan (CIF) - 2023
The average base metal hinge import price stood at $1,610 per ton in February 2023, almost unchanged from the previous month. Overall, the import price, however, showed a abrupt downturn. The most prominent rate of growth was recorded in October 2022 an increase of 9.4% m-o-m. The import price peaked at $4,388 per ton in April 2022; however, from May 2022 to February 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($2,470 per ton), while the price for China amounted to $1,603 per ton.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Turkey (-5.3%), while the prices for the other major suppliers experienced a decline.
Base Metal Hinge Price in Pakistan (FOB) - 2022
The average base metal hinge export price stood at $3,608 per ton in 2022, jumping by 48% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 78%. Over the period under review, the average export prices attained the peak figure at $4,478 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
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 Saudi Arabia ($5,675 per ton), while the average price for exports to the United States amounted to $3,473 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-1.5%).
Base Metal Hinge Imports in Pakistan
For the fourth year in a row, Pakistan recorded growth in purchases abroad of base metal hinges, which increased by 14% to 2.3K tons in 2022. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, base metal hinge imports amounted to $7.3M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
Import of Base Metal Hinge in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 3.5 | 3.5 | 5.5 | 5.7 | 17.7% |
Japan | 0.6 | 0.4 | 0.8 | 0.8 | 10.1% |
Turkey | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Others | 0.3 | 0.3 | 0.5 | 0.5 | 18.6% |
Total | 4.5 | 4.3 | 7.0 | 7.3 | 17.5% |
Top Suppliers of Base Metal Hinge to Pakistan in 2022:
- China (1881.9 tons)
- Japan (191.9 tons)
- Turkey (86.3 tons)
Base Metal Hinge Exports in Pakistan
In 2022, base metal hinge exports from Pakistan surged to 139 tons, rising by 30% compared with 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 861% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, base metal hinge exports surged to $503K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,112% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
Export of Base Metal Hinge in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 2.6 | 1.1 | 237 | 454 | 458.9% |
Saudi Arabia | 52.9 | 10.3 | 13.7 | 46.0 | -4.6% |
China | N/A | 3.4 | N/A | N/A | 0% |
United Arab Emirates | N/A | 5.2 | 3.6 | N/A | -30.8% |
Others | 13.9 | 1.6 | 5.8 | 3.2 | -38.7% |
Total | 69.4 | 21.5 | 260 | 503 | 93.5% |
Top Export Markets for Base Metal Hinge from Pakistan in 2022:
- United States (130.6 tons)
- Saudi Arabia (8.1 tons)
This report provides an in-depth analysis of the base metal hinge market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25721410 - Base metal hinges
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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