Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan - 2023
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (FOB) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (CIF) - 2022
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $5,771 per ton, rising by 26% against the previous year. In general, the export price, however, recorded a mild slump. Over the period under review, the average export prices reached the maximum at $6,493 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 Canada ($8,174 per ton), while the average price for exports to Papua New Guinea ($4,044 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 Canada (+73.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $3,866 per ton, surging by 16% against the previous year. In general, the import price enjoyed a slight expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 74% against the previous year. The import price peaked at $6,950 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4,840 per ton), while the price for Japan ($2,750 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan
For the third consecutive year, Pakistan recorded decline in shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses, which decreased by -32.6% to 513 tons in 2022. In general, exports continue to indicate a deep reduction. The smallest decline of -2.8% was in 2021.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses fell to $3M in 2022. Over the period under review, exports showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2.7%. As a result, the exports reached the peak of $3.5M, and then reduced in the following year.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 460 | 273 | 123 | 709 | 15.5% |
| Madagascar | 1,050 | 765 | 746 | 505 | -21.7% |
| Brazil | N/A | N/A | 510 | 396 | -22.4% |
| United Arab Emirates | 198 | 222 | N/A | 312 | 16.4% |
| Philippines | 227 | 103 | 153 | 172 | -8.8% |
| Bangladesh | 183 | 117 | 392 | 143 | -7.9% |
| Canada | N/A | N/A | 62.1 | 105 | 69.1% |
| Togo | N/A | N/A | 18.3 | 101 | 451.9% |
| Papua New Guinea | 35.4 | N/A | 48.2 | 98.7 | 40.7% |
| Hong Kong SAR | 49.7 | 145 | 91.3 | 95.1 | 24.1% |
| Zimbabwe | N/A | 43.5 | 262 | 82.5 | 37.7% |
| Belgium | 12.1 | 39.4 | 39.9 | 58.6 | 69.2% |
| Vietnam | 63.1 | 17.6 | 48.4 | 48.4 | -8.5% |
| Others | 1,114 | 1,659 | 980 | 133 | -50.8% |
| Total | 3,392 | 3,384 | 3,475 | 2,960 | -4.4% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Pakistan in 2022:
- Germany (111.9 tons)
- Madagascar (80.0 tons)
- Brazil (76.5 tons)
- United Arab Emirates (49.9 tons)
- Philippines (41.6 tons)
- Bangladesh (25.6 tons)
- Papua New Guinea (24.4 tons)
- Zimbabwe (17.0 tons)
- Togo (15.7 tons)
- Hong Kong SAR (14.4 tons)
- Canada (12.9 tons)
- Belgium (11.8 tons)
- Vietnam (11.2 tons)
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan
Imports of wadding; other articles thereof, other than of cotton or man-made fibreses into Pakistan reduced remarkably to 74 tons in 2022, dropping by -15.4% on the previous year. Overall, imports saw a dramatic shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 91%.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced modestly to $285K in 2022. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23%.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 233 | 184 | 218 | 173 | -9.4% |
| China | 97.4 | 20.0 | 55.0 | 63.5 | -13.3% |
| Taiwan (Chinese) | N/A | N/A | N/A | 11.3 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 5.4 | 0% |
| Vietnam | 78.9 | 0.2 | N/A | N/A | -99.7% |
| Others | 18.0 | 31.2 | 16.3 | 31.3 | 20.3% |
| Total | 427 | 236 | 290 | 285 | -12.6% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Pakistan in 2022:
- France (45.3 tons)
- China (15.4 tons)
- Taiwan (Chinese) (2.4 tons)
- Hong Kong SAR (1.6 tons)
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