Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan - 2023

Contents:

1. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan (CIF) - 2022
2. Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan (FOB) - 2022
3. Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan
4. Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan (CIF) - 2022

The average import price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $153 per unit in 2022, with a decrease of -52.3% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 when the average import price increased by 877% against the previous year. Over the period under review, average import prices attained the peak figure at $14,132 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($383 per unit), while the price for Turkey stood at $153 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.3%), while the prices for the other major suppliers experienced a decline.

Price for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan (FOB) - 2022

The average export price for floating structures; tanks, coffer-dams, landing stages, buoys and beaconses stood at $2.9 per unit in 2022, dropping by -52.1% against the previous year. In general, the export price recorded a dramatic decline. The growth pace was the most rapid in 2015 an increase of 22%. The export price peaked at $4,403 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Nigeria ($14 per unit), while the average price for exports to Singapore ($1 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (-34.6%), while the prices for the other major destinations experienced a decline.

Imports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan

For the fourth consecutive year, Pakistan recorded growth in purchases abroad of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses, which increased by 220% to 23K units in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 780%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses skyrocketed to $3.5M in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 395% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons to Pakistan in 2022:

1. Turkey (22.9K units)

Exports of Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons in Pakistan

In 2022, the amount of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses exported from Pakistan totaled 8 units, increasing by 14% compared with the previous year. Over the period under review, exports, however, recorded a perceptible contraction. Over the period under review, the exports of attained the peak figure at 9 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of floating structures; tanks, coffer-dams, landing stages, buoys and beaconses dropped sharply to $23 in 2022. Overall, exports, however, recorded a dramatic decrease. Over the period under review, the exports of attained the maximum at $646 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Floating Structures; Tanks, Coffer-Dams, Landing Stages, Buoys and Beacons from Pakistan in 2022:

1. Australia (1.0 units)
2. Taiwan (Chinese) (1.0 units)
3. Singapore (1.0 units)
4. United Arab Emirates (1.0 units)
5. United States (1.0 units)
6. Greece (1.0 units)
7. Sri Lanka (1.0 units)
8. Nigeria (1.0 units)

Source: IndexBox Market Intelligence Platform