Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan - 2023

Contents:

  1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (CIF) - 2022
  2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (FOB) - 2022
  3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan
  4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (CIF) - 2022

In 2022, the average import price for containers for compressed or liquefied gas, of iron or steel amounted to $54 per unit, shrinking by -3.2% against the previous year. Overall, the import price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 39%. The import price peaked at $204 per unit in 2016; however, from 2017 to 2022, import prices stood 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 ($108 per unit), while the price for Iran ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $71 per unit in 2022, growing by 7.7% against the previous year. In general, the export price recorded a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of 170%. Over the period under review, the average export prices attained the peak figure at $285 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($198 per unit), while the average price for exports to Saudi Arabia ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan

After three years of growth, supplies from abroad of containers for compressed or liquefied gas, of iron or steel decreased by -34.4% to 224K units in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 170% against the previous year. As a result, imports attained the peak of 341K units, and then dropped sharply in the following year.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel shrank notably to $12M in 2022. Overall, imports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 71% against the previous year. As a result, imports attained the peak of $19M, and then declined rapidly in the following year.

Import of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.57.013.58.113.8%
Thailand1.2N/A1.11.916.6%
United Arab Emirates0.42.12.40.826.0%
IranN/A0.10.40.241.4%
Others1.61.91.41.0-14.5%
Total8.711.118.912.011.3%

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Pakistan in 2022:

  1. China (177.4K units)
  2. Thailand (23.1K units)
  3. United Arab Emirates (7.5K units)
  4. Iran (6.5K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan

For the fourth year in a row, Pakistan recorded growth in overseas shipments of containers for compressed or liquefied gas, of iron or steel, which increased by 29% to 18K units in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 97% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel surged to $1.3M in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. Over the period under review, the exports of attained the peak figure at $2.7M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Containers for Compressed or Liquefied Gas, of Iron or Steel in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8631,3695359292.5%
Belgium28087.177.6124-23.8%
China179282162114-14.0%
Saudi Arabia12311480.488.6-10.4%
BahrainN/A41.1N/A37.5-4.5%
Qatar420423N/AN/A0.7%
Oman12.3N/A30.8N/A58.2%
SingaporeN/A313N/AN/A0%
Others10460.857.817.5-44.8%
Total1,9812,6899431,312-12.8%

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Pakistan in 2022:

  1. United Arab Emirates (13.0K units)
  2. Saudi Arabia (2.4K units)
  3. China (1.8K units)
  4. Belgium (0.6K units)
  5. Bahrain (0.5K units)

Source: IndexBox Market Intelligence Platform

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