Overview of the Market for Liquid Air And Distilled Water in Pakistan
In value terms, liquid air and distilled water production declined slightly to $ in 2019 estimated in export prices. Over the period under review, production showed a pronounced setback. The most prominent rate of growth was recorded in 2012 when the production volume increased by % y-o-y. Over the period under review, production reached the peak level at $ in 2007; however, from 2008 to 2019, production failed to regain the momentum.
The size of the market for liquid or compressed air and distilled or conductivity water in Pakistan contracted to $ in 2019, waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a perceptible expansion. The growth pace was the most rapid in 2018 with an increase of % against the previous year. As a result, consumption reached the peak level of $, and then fell in the following year.