Price for Wigs; Complete, of Synthetic Textile Materials in Pakistan - 2023

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Pakistan (CIF) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Pakistan (FOB) - 2022
3. Imports of Wigs; Complete, of Synthetic Textile Materials in Pakistan
4. Exports of Wigs; Complete, of Synthetic Textile Materials in Pakistan

Price for Wigs; Complete, of Synthetic Textile Materials in Pakistan (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $7.2 per unit in 2022, surging by 3.6% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% 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 wigs; complete, of synthetic textile materialses decreased by -12.3% against 2018 indices. The growth pace was the most rapid in 2017 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum at $8.3 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($7.9 per unit), while the price for China stood at $7.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%).

Price for Wigs; Complete, of Synthetic Textile Materials in Pakistan (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $105 per unit in 2022, growing by 767% against the previous year. Overall, the export price recorded significant growth. 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 Denmark ($635 per unit), while the average price for exports to Costa Rica ($2.7 per unit) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3,898.5%).

Imports of Wigs; Complete, of Synthetic Textile Materials in Pakistan

In 2022, the amount of wigs; complete, of synthetic textile materialses imported into Pakistan surged to 32K units, jumping by 140% against the previous year. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wigs; complete, of synthetic textile materialses skyrocketed to $230K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Pakistan in 2022:

1. China (31.4K units)

Exports of Wigs; Complete, of Synthetic Textile Materials in Pakistan

In 2022, approx. 1.4K units of wigs; complete, of synthetic textile materialses were exported from Pakistan; which is down by -73.1% on 2021 figures. In general, exports continue to indicate a sharp contraction. Over the period under review, the exports of reached the peak figure at 5.1K units in 2021, and then fell rapidly in the following year.

In value terms, exports of wigs; complete, of synthetic textile materialses surged to $143K in 2022. Over the period under review, exports, however, posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Pakistan in 2022:

1. Nepal (805.0 units)
2. Costa Rica (218.0 units)
3. Denmark (139.0 units)
4. Spain (62.0 units)
5. Netherlands (49.0 units)
6. Switzerland (27.0 units)

Source: IndexBox Market Intelligence Platform