Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan - 2023

Contents:

1. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan
4. Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan (CIF) - 2022

The average import price for iron or steel cast fittings, other than of non-malleable cast ira stood at $742 per ton in 2022, falling by -7.8% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for iron or steel cast fittings, other than of non-malleable cast ira decreased by -10.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 an increase of 35%. The import price peaked at $827 per ton in 2020; however, from 2021 to 2022, import prices stood 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 Italy ($836 per ton) and the United States ($810 per ton), while the price for Japan ($722 per ton) and China ($724 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan (FOB) - 2022

In 2022, the average export price for iron or steel cast fittings, other than of non-malleable cast ira amounted to $655 per ton, picking up by 6.3% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2018 when the average export price increased by 54%. The export price peaked at $1,729 per ton in 2019; however, from 2020 to 2022, the 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 Angola ($3,885 per ton), while the average price for exports to Djibouti ($166 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 Afghanistan (+13.7%), while the prices for the other major destinations experienced a decline.

Imports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan

In 2022, the amount of iron or steel cast fittings, other than of non-malleable cast ira imported into Pakistan dropped to 5.2K tons, waning by -14.3% compared with 2021. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.

In value terms, imports of iron or steel cast fittings, other than of non-malleable cast ira dropped notably to $3.8M in 2022. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports attained the peak of $4.9M, and then dropped sharply in the following year.

Top Suppliers of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron to Pakistan in 2022:

1. China (4487.9 tons)
2. Japan (111.1 tons)
3. United States (103.1 tons)
4. Italy (99.1 tons)
5. Thailand (13.0 tons)

Exports of Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron in Pakistan

In 2022, shipments abroad of iron or steel cast fittings, other than of non-malleable cast ira was finally on the rise to reach 19 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a dramatic decrease.

In value terms, exports of iron or steel cast fittings, other than of non-malleable cast ira soared to $12K in 2022. Over the period under review, exports, however, faced a dramatic shrinkage.

Top Export Markets for Iron or Steel Cast Fittings, Other than of Non-Malleable Cast Iron from Pakistan in 2022:

1. Saudi Arabia (8.1 tons)
2. United States (6.7 tons)
3. United Arab Emirates (1.4 tons)
4. Afghanistan (0.6 tons)
5. Germany (0.6 tons)
6. Djibouti (0.4 tons)
7. Angola (0.3 tons)

Source: IndexBox Market Intelligence Platform