Price for Braids; in the Piece in Pakistan - 2023

Contents:

  1. Price for Braids; in the Piece in Pakistan (FOB) - 2022
  2. Price for Braids; in the Piece in Pakistan (CIF) - 2022
  3. Exports of Braids; in the Piece in Pakistan
  4. Imports of Braids; in the Piece in Pakistan

Price for Braids; in the Piece in Pakistan (FOB) - 2022

The average braids; in the piece export price stood at $5,175 per ton in 2022, reducing by -36.5% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece export price increased by +1.5% against 2016 indices. The growth pace was the most rapid in 2021 when the average export price increased by 64% against the previous year. As a result, the export price attained the peak level of $8,145 per ton, and then dropped significantly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10,861 per ton), while the average price for exports to Australia ($3,440 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 the United Arab Emirates (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Braids; in the Piece in Pakistan (CIF) - 2022

The average braids; in the piece import price stood at $5,579 per ton in 2022, surging by 34% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 71% against the previous year. As a result, import price attained the peak level of $16,306 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($34,006 per ton), while the price for China totaled $4,977 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+27.6%), while the prices for the other major suppliers experienced a decline.

Exports of Braids; in the Piece in Pakistan

In 2022, after two years of decline, there was significant growth in overseas shipments of braids; in the pieces, when their volume increased by 180% to 11 tons. In general, exports, however, saw a precipitous descent.

In value terms, braids; in the piece exports surged to $58K in 2022. Over the period under review, exports, however, saw a dramatic slump.

Export of Braids; in the Piece in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia15.55.46.016.21.5%
United Kingdom2.31.75.413.078.1%
Sweden5.10.95.112.133.4%
Germany8.92.12.07.5-5.5%
United States0.31.42.35.4162.1%
France3.31.61.64.06.6%
Kuwait15.1N/AN/AN/A0%
Thailand18.1N/AN/AN/A0%
Netherlands22.023.2N/AN/A5.5%
OmanN/A9.8N/AN/A0%
Portugal14.6N/AN/AN/A0%
Saudi ArabiaN/A8.0N/AN/A0%
TurkeyN/A19.2N/AN/A0%
Others28.83.710.4N/A-39.9%
Total13477.232.858.2-24.3%

Top Export Markets for Braids; in the Piece from Pakistan in 2022:

  1. Australia (4.7 tons)
  2. United Kingdom (2.0 tons)
  3. Germany (1.6 tons)
  4. Sweden (1.4 tons)
  5. France (1.0 tons)
  6. United States (0.5 tons)

Imports of Braids; in the Piece in Pakistan

Braids; in the piece imports into Pakistan skyrocketed to 7.5 tons in 2022, rising by 38% on 2021 figures. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,085% against the previous year. Over the period under review, braids; in piece imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, braids; in the piece imports soared to $42K in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 695% against the previous year. Over the period under review, braids; in piece imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Braids; in the Piece in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.225.98.336.6155.3%
United Arab Emirates1.23.10.75.364.1%
Hong Kong SAR0.3N/A7.9N/A413.2%
GermanyN/AN/A1.9N/A0%
BahrainN/AN/A3.5N/A0%
OthersN/A0.30.5N/A66.7%
Total3.729.222.741.9124.6%

Top Suppliers of Braids; in the Piece to Pakistan in 2022:

  1. China (7.4 tons)
  2. United Arab Emirates (0.2 tons)

Source: IndexBox Market Intelligence Platform

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