Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Pakistan - 2023

Contents:

1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan (CIF) - 2023
2. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan (FOB) - 2022
3. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan
4. Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan (CIF) - 2023

In June 2023, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $4,626 per ton, with a decrease of -9.9% against the previous month. In general, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in October 2022 an increase of 21% month-to-month. As a result, import price attained the peak level of $7,222 per ton. From November 2022 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($11,796 per ton), while the price for India ($4,088 per ton) was amongst the lowest.

From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+0.5%), while the prices for the other major suppliers experienced a decline.

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan (FOB) - 2022

In 2022, the average export price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $8,963 per ton, dropping by -57.7% against the previous year. Overall, the export price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 an increase of 1,639% against the previous year. Over the period under review, the average export prices hit record highs at $179,000 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($10,020 per ton), while the average price for exports to Yemen stood at $5,944 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan

For the fourth consecutive year, Pakistan recorded growth in purchases abroad of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses, which increased by 39% to 3.4K tons in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $24M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Pakistan in 2022:

1. China (2277.4 tons)
2. France (411.6 tons)
3. India (342.4 tons)
4. South Korea (293.4 tons)

Exports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Pakistan

In 2022, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses from Pakistan surged to 2.7 tons, growing by 13,400% on the previous year. Over the period under review, exports posted significant growth.

In value terms, exports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses surged to $24K in 2022. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds from Pakistan in 2022:

1. Hong Kong SAR (2.0 tons)
2. Yemen (0.7 tons)

Source: IndexBox Market Intelligence Platform