Price for Ethylene Polymers; Waste, Parings and Scrap in Pakistan - 2023

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Pakistan (CIF) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Pakistan (FOB) - 2022
3. Imports of Ethylene Polymers; Waste, Parings and Scrap in Pakistan
4. Exports of Ethylene Polymers; Waste, Parings and Scrap in Pakistan

Price for Ethylene Polymers; Waste, Parings and Scrap in Pakistan (CIF) - 2022

In 2022, the average import price for ethylene polymers; waste, parings and scraps amounted to $406 per ton, with an increase of 12% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 98%. As a result, import price attained the peak level of $645 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Canada ($449 per ton) and the United States ($413 per ton), while the price for Oman ($371 per ton) and Spain ($383 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ethylene Polymers; Waste, Parings and Scrap in Pakistan (FOB) - 2022

The average export price for ethylene polymers; waste, parings and scraps stood at $1,362 per ton in 2022, picking up by 80% against the previous year. Overall, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Italy ($1,412 per ton), while the average price for exports to Afghanistan stood at $755 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ethylene Polymers; Waste, Parings and Scrap in Pakistan

Imports of ethylene polymers; waste, parings and scraps into Pakistan reduced rapidly to 2.4K tons in 2022, shrinking by -33% on the previous year. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports reached the peak of 3.5K tons, and then dropped rapidly in the following year.

In value terms, imports of ethylene polymers; waste, parings and scraps dropped sharply to $963K in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 75% against the previous year. As a result, imports reached the peak of $1.3M, and then declined rapidly in the following year.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Pakistan in 2022:

1. United States (653.3 tons)
2. Belgium (449.0 tons)
3. Spain (396.8 tons)
4. Canada (383.3 tons)
5. Oman (354.0 tons)
6. Saudi Arabia (112.0 tons)

Exports of Ethylene Polymers; Waste, Parings and Scrap in Pakistan

In 2022, the amount of ethylene polymers; waste, parings and scraps exported from Pakistan reduced rapidly to 53 tons, which is down by -86.4% against 2021 figures. Overall, exports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 41%.

In value terms, exports of ethylene polymers; waste, parings and scraps fell remarkably to $73K in 2022. In general, exports saw a sharp shrinkage. The growth pace was the most rapid in 2021 with an increase of 10% against the previous year.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Pakistan in 2022:

1. Italy (49.4 tons)
2. Afghanistan (3.5 tons)
3. United Arab Emirates (0.4 tons)

Source: IndexBox Market Intelligence Platform