Hand Saws Price in Pakistan - 2023

Contents:

  1. Hand Saws Price in Pakistan (CIF) - 2023
  2. Hand Saws Price in Pakistan (FOB) - 2022
  3. Hand Saws Imports in Pakistan
  4. Hand Saws Exports in Pakistan

Hand Saws Price in Pakistan (CIF) - 2023

The average hand saws import price stood at $1,764 per ton in February 2023, shrinking by -34.8% against the previous month. In general, the import price showed a pronounced setback. The pace of growth appeared the most rapid in December 2022 an increase of 12% against the previous month. The import price peaked at $2,931 per ton in May 2022; however, from June 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 Germany ($3,324 per ton), while the price for Japan ($1,577 per ton) was amongst the lowest.

From April 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Poland (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Hand Saws Price in Pakistan (FOB) - 2022

In 2022, the average hand saws export price amounted to $2,785 per ton, with a decrease of -58.5% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2017 an increase of 133%. As a result, the export price reached the peak level of $11,034 per ton. From 2018 to 2022, the average 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 the United States ($4,439 per ton), while the average price for exports to Saudi Arabia ($2,472 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 Bangladesh (+37.0%), while the prices for the other major destinations experienced more modest paces of growth.

Hand Saws Imports in Pakistan

In 2022, supplies from abroad of hand sawses decreased by -18.8% to 1.7K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +3.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -25.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, hand saws imports fell to $4.6M in 2022. In general, imports continue to indicate a noticeable reduction. The pace of growth was the most pronounced in 2021 when imports increased by 14%. As a result, imports attained the peak of $5.1M, and then reduced in the following year.

Import of Hand Saws in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.83.43.63.80.0%
Poland0.40.40.50.2-20.6%
Others0.70.70.90.5-10.6%
Total4.94.55.14.6-2.1%

Top Suppliers of Hand Saws to Pakistan in 2022:

  1. China (1513.6 tons)
  2. Poland (76.6 tons)

Hand Saws Exports in Pakistan

After two years of decline, overseas shipments of hand sawses increased by 212% to 9.1 tons in 2022. Over the period under review, exports, however, continue to indicate a deep setback.

In value terms, hand saws exports soared to $25K in 2022. Overall, exports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 52%.

Export of Hand Saws in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreeceN/AN/AN/A17.60%
United StatesN/AN/A0.24.82300.0%
MalaysiaN/AN/AN/A2.00%
Saudi ArabiaN/AN/AN/A1.00%
Argentina6.9N/AN/AN/A0%
ChinaN/A8.7N/AN/A0%
United Kingdom26.7N/AN/AN/A0%
United Arab Emirates0.10.52.8N/A429.2%
Bahrain1.00.5N/AN/A-50.0%
Others0.33.116.6N/A643.9%
Total35.112.919.625.4-10.2%

Top Export Markets for Hand Saws from Pakistan in 2022:

  1. Greece (6.9 tons)
  2. United States (1.1 tons)
  3. Malaysia (0.7 tons)
  4. Saudi Arabia (0.4 tons)

Source: IndexBox Market Intelligence Platform

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