Pakistan - Textile Products And Articles For Technical Uses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTechnical Textiles Price in Pakistan - 2023
Contents:
- Technical Textiles Price in Pakistan (CIF) - 2023
- Technical Textiles Price in Pakistan (FOB) - 2023
- Technical Textiles Imports in Pakistan
- Technical Textiles Exports in Pakistan
Technical Textiles Price in Pakistan (CIF) - 2023
The average technical textiles import price stood at $5,632 per ton in February 2023, shrinking by -15.6% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 an increase of 33% m-o-m. As a result, import price reached the peak level of $10,514 per ton. From July 2022 to February 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was China ($5,759 per ton), while the price for the United Arab Emirates ($1,815 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Japan (+0.5%), while the prices for the other major suppliers experienced a decline.
Technical Textiles Price in Pakistan (FOB) - 2023
The average technical textiles export price stood at $3,963 per ton in February 2023, waning by -19.8% against the previous month. In general, the export price showed a pronounced descent. The pace of growth was the most pronounced in November 2022 an increase of 30% against the previous month. The export price peaked at $5,898 per ton in September 2022; however, from October 2022 to February 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($7,863 per ton), while the average price for exports to Paraguay ($2,247 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Technical Textiles Imports in Pakistan
In 2022, the amount of textile products and articles for technical uses imported into Pakistan surged to 2.6K tons, with an increase of 25% on the previous year's figure. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, technical textiles imports expanded significantly to $16M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.
Import of Technical Textiles in Pakistan (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5.6 | 5.5 | 8.1 | 8.9 | 16.7% |
Germany | 1.8 | 0.9 | 1.3 | 1.5 | -5.9% |
Italy | 0.8 | 0.8 | 1.0 | 1.1 | 11.2% |
United Arab Emirates | 0.3 | 0.5 | 0.6 | 0.6 | 26.0% |
Switzerland | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
South Korea | 0.5 | 0.4 | 0.4 | 0.5 | 0.0% |
Turkey | 0.1 | 0.1 | 0.5 | 0.4 | 58.7% |
United States | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
Netherlands | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
Japan | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
United Kingdom | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
India | 0.8 | N/A | N/A | N/A | 0% |
Others | 1.3 | 1.2 | 1.4 | 1.6 | 7.2% |
Total | 12.5 | 10.6 | 14.6 | 16.1 | 8.8% |
Top Suppliers of Technical Textiles to Pakistan in 2022:
- China (1433.2 tons)
- Germany (256.6 tons)
- Italy (181.8 tons)
- United Arab Emirates (96.5 tons)
- Switzerland (82.0 tons)
- Netherlands (76.8 tons)
- Turkey (63.1 tons)
- South Korea (55.4 tons)
- United Kingdom (46.0 tons)
- United States (45.1 tons)
- Japan (39.4 tons)
- India (6.9 tons)
Technical Textiles Exports in Pakistan
After two years of decline, overseas shipments of textile products and articles for technical uses increased by 68% to 758 tons in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, technical textiles exports surged to $3.5M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Technical Textiles in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 247 | 293 | 268 | 687 | 40.6% |
United Kingdom | 278 | 234 | 322 | 680 | 34.7% |
Australia | 351 | 791 | 431 | 663 | 23.6% |
Saudi Arabia | 326 | 163 | 294 | 401 | 7.1% |
Bahrain | 132 | 118 | 32.3 | 253 | 24.2% |
United Arab Emirates | 184 | 170 | 177 | 218 | 5.8% |
Canada | 8.3 | 44.1 | 28.3 | 166 | 171.4% |
Egypt | 103 | 175 | 2.1 | 114 | 3.4% |
Tunisia | 115 | 89.1 | 2.7 | N/A | -84.7% |
Others | 365 | 587 | 576 | 322 | -4.1% |
Total | 2,109 | 2,664 | 2,133 | 3,505 | 18.5% |
Top Export Markets for Technical Textiles from Pakistan in 2022:
- United States (152.2 tons)
- United Kingdom (135.1 tons)
- Australia (107.4 tons)
- United Arab Emirates (87.3 tons)
- Canada (67.2 tons)
- Saudi Arabia (64.4 tons)
- Bahrain (62.7 tons)
- Egypt (21.7 tons)
This report provides an in-depth analysis of the technical textiles market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13961620 - Textile hosepiping and similar textile tubing, whether or not impregnated or coated, with or without lining, armour or accessories of other materials
- Prodcom 13961650 - Textile wicks, conveyor belts or belting (including reinforced with metal or other material)
- Prodcom 13961680 - Textile fabrics and felts, for paper-making machines or similar machines (including for pulp or asbestos-cement)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for technical textiles based on import value data from the IndexBox market intelligence platform. Learn about the leading countries and their key statistics.
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Explore the top import markets for technical textiles based on import value data from the IndexBox market intelligence platform. Learn about the leading countries and their key statistics.
In 2016, the global technical textiles imports amounted to X tons, dropping by -X% against the previous year level. Overall, technical textiles imports continue to indicate a abrupt setback. T...