Pakistan"s handicraft market, particularly in paintings and decorative arts, has witnessed notable fluctuations in trade volumes and prices over recent years. Between 2020 and 2021, significant changes in import volumes were observed, highlighting the dynamic nature of this sector. In 2020, imports of paintings, drawings, and pastels by hand reached a substantial volume of 57,380 units, valued at $1,240,180. 93. However, 2021 saw a stark decline to just 19,887 units, with the corresponding value dropping to $468,433. 10. This sharp decrease suggests market saturation or shifts in consumer preferences, possibly influenced by global economic factors or changes in domestic demand patterns. Conversely, the importation of collages and decorative plaques experienced a notable downturn in 2021, with reported volumes at zero kilograms against a total value of $45,206.
82. This compares to 2020"s import volume of 117. 055 kilograms valued at $61,260. 24. The reduction in imported quantities, coupled with the stable valuation, hints at the potential for increased local production or a strategic pivot in sourcing strategies. Interestingly, Pakistan"s export activities in 2020 for collages and decorative plaques stood at 80. 14 kilograms, valued at $39,987. 56.
This reflects a budding potential for domestic producers to tap into international markets, leveraging unique craftsmanship and design capabilities that appeal to global buyers. For businesses looking to explore trade opportunities in Pakistan"s art and craft market, platforms like Aritral are invaluable. Aritral facilitates international trade by offering streamlined product listing, direct communication, and global sales assistance, supported by AI-driven marketing and profile management tools. These features can significantly enhance market entry strategies and optimize trade efficiencies in the competitive handicraft sector.
No profiles available to display