Price for Ivory and Articles Thereof; Worked in Pakistan - 2021

Contents:

1. Price for Ivory and Articles Thereof; Worked in Pakistan (CIF) - 2022
2. Imports of Ivory and Articles Thereof; Worked in Pakistan

Price for Ivory and Articles Thereof; Worked in Pakistan (CIF) - 2022

The average import price for ivory and articles thereof; worked stood at $103 per ton in 2022, declining by -19.9% against the previous year. Overall, the import price faced a precipitous curtailment. Over the period under review, average import prices attained the maximum at $11,136 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($149 per ton), while the price for the United States stood at $57 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-35.1%).

Imports of Ivory and Articles Thereof; Worked in Pakistan

In 2022, ivory and articles thereof; worked imports into Pakistan skyrocketed to 1.5 tons, increasing by 31% compared with 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 6,407% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, ivory and articles thereof; worked imports expanded slightly to $150 in 2022. Overall, imports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 3,800%. As a result, imports attained the peak of $156. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Top Suppliers of Ivory and Articles Thereof; Worked to Pakistan in 2022:

1. China (727.0 kg)
2. United States (717.0 kg)
3. United Arab Emirates (16.0 kg)

Source: IndexBox Market Intelligence Platform