Pakistan"s aluminum market is witnessing significant activity in 2024, with a notable emphasis on the importation of "Aluminium unwrought, not alloyed". The trade volume for foreign imports of this commodity stands impressively at over 10. 9 million kilograms, valued at approximately $27. 6 million. This high import volume underscores Pakistan"s growing demand for aluminum, necessitated by its expanding industrial sectors. Conversely, the export figures reveal a stark contrast. The export volume of the same aluminum product is relatively modest at 660,138 kilograms, generating a value of $1. 2 million.
This disparity between import and export volumes indicates a reliance on foreign aluminum, while domestic production caters to a limited international market. The price trend analysis suggests that while Pakistan is heavily importing aluminum, the market prices are being influenced by global supply chains and regional trade dynamics. The pricing strategy appears competitive, potentially affected by fluctuating global aluminum prices and trade policies in West Asia. For businesses exploring trade opportunities with Pakistan, these figures highlight a robust import market. Establishing connections with local suppliers can be invaluable for securing a foothold in Pakistan"s metals market. Moreover, leveraging platforms like Aritral. com can enhance trade efficiency. Aritral provides tools for product listing, direct communication with suppliers, and AI-powered marketing strategies, streamlining the complexities of international trade and facilitating global sales in the aluminum sector. "
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