Ether Market in Pakistan
Market Overview
In 
, the Pakistani ether market increased by % to $, rising for the second year in a row after two years of decline. In general, consumption, however, posted a resilient increase. Ether consumption peaked in and is expected to retain growth in the near future.
, the Pakistani ether market increased by % to $, rising for the second year in a row after two years of decline. In general, consumption, however, posted a resilient increase. Ether consumption peaked in and is expected to retain growth in the near future.Consumption
In , approx. tons of ethers were consumed in Pakistan; stabilizing at the year before. Over the period under review, consumption, however, saw strong growth. As a result, consumption attained the peak volume of tons, leveling off in the following year.
The value of the ether market in Pakistan expanded notably to $ in , rising 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, however, showed a strong expansion. Over the period under review, the market reached the peak level in and is expected to retain growth in years to come.
, approx. tons of ethers were consumed in Pakistan; stabilizing at the year before. Over the period under review, consumption, however, saw strong growth. As a result, consumption attained the peak volume of tons, leveling off in the following year.The value of the ether market in Pakistan expanded notably to $
in , rising 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, however, showed a strong expansion. Over the period under review, the market reached the peak level in and is expected to retain growth in years to come.Market Forecast
Driven by increasing demand for ethers in Pakistan, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to bring the market volume to tons by the end of .In value terms, the market is forecast to increase with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Ether market in Pakistan consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.
, the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately ( percentage point) over the period under review.Trade Balance
Pakistan remains a net importer of ether; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
. In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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