Updated Jan 3, 2023 05:10

Market for Roofing Tiles, Chimney-Pots, Cowls, Chimney Liners in Pakistan

Market Overview
The Pakistani market for roofing tiles, chimney-pots, cowls, chimney liners dropped to $ in , falling 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 showed a abrupt curtailment. As a result, consumption attained the peak level of $. From 2011 to , the growth of the market remained at a lower figure.

In value terms, production of roofing tiles, chimney-pots, cowls, chimney liners dropped to $ in estimated in export price. Over the period under review, production saw a deep contraction. The growth pace was the most rapid in 2010 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2011 to , production of growth remained at a lower figure.


Consumption
In , approx. units of roofing tiles, chimney-pots, cowls, chimney liners were consumed in Pakistan; declining by -% compared with figures. Overall, consumption saw a perceptible decrease. Over the period under review, consumption of reached the peak volume at units in 2007; however, from 2008 to , consumption remained at a lower figure.

The size of the market for roofing tiles, chimney-pots, cowls, chimney liners in Pakistan contracted to $ in , 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). Over the period under review, consumption recorded a drastic downturn. As a result, consumption reached the peak level of $. From 2011 to , the growth of the market remained at a somewhat lower figure.


Market Forecast
Depressed by shrinking demand for roofing tiles, chimney-pots, cowls, chimney liners in Pakistan, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .

In value terms, the market is forecast to contract 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
Over the period under review, imports of roofing tiles, chimney-pots, cowls, chimney liners in Pakistan were negligibly small compared to the production volumes. Therefore, the share of imports in the total market was practically nonexistent, both in volume and in value terms. This situation has remained constant over the period under review, which means that domestic producers entirely meet the domestic demand for roofing tiles, chimney-pots, cowls, chimney liners. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for less than % in value terms and less than % in physical terms. The share of imports increased moderately (less than percentage point) over the period under review.


Trade Balance
Pakistan remains a net exporter of roofing tiles, chimney-pots, cowls, chimney liners; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of units, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.