Pakistan - Brakes And Servo-Brakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrakes and Servo-Brakes Price in Pakistan - 2023
Contents:
- Brakes and Servo-Brakes Price in Pakistan (CIF) - 2022
- Brakes and Servo-Brakes Price in Pakistan (FOB) - 2022
- Brakes and Servo-Brakes Imports in Pakistan
- Brakes and Servo-Brakes Exports in Pakistan
Brakes and Servo-Brakes Price in Pakistan (CIF) - 2022
In 2022, the average brakes and servo-brakes import price amounted to $9,742 per ton, shrinking by -2.5% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brakes and servo-brakes import price increased by +72.6% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 67%. Over the period under review, average import prices hit record highs at $9,993 per ton in 2021, and then reduced in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($18,448 per ton), while the price for China ($6,902 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Brakes and Servo-Brakes Price in Pakistan (FOB) - 2022
The average brakes and servo-brakes export price stood at $4,829 per ton in 2022, which is down by -9.1% against the previous year. Overall, the export price showed a slight descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 58% against the previous year. The export price peaked at $6,448 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($5,672 per ton), while the average price for exports to the United Arab Emirates stood at $2,664 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+9.7%), while the prices for the other major destinations experienced mixed trend patterns.
Brakes and Servo-Brakes Imports in Pakistan
In 2022, approx. 893 tons of brakes and servo-brakes were imported into Pakistan; waning by -32.6% compared with 2021. Over the period under review, imports saw a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. As a result, imports reached the peak of 1.3K tons, and then contracted sharply in the following year.
In value terms, brakes and servo-brakes imports reduced notably to $8.7M in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 57%. As a result, imports attained the peak of $13M, and then dropped notably in the following year.
| Import of Brakes and Servo-Brakes in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 2.5 | 3.5 | 2.2 | -6.6% |
| Japan | 3.0 | 1.0 | 3.0 | 1.9 | -14.1% |
| Indonesia | 1.5 | 1.3 | 2.0 | 1.3 | -4.7% |
| United Arab Emirates | 1.4 | 2.1 | 1.4 | 1.1 | -7.7% |
| Thailand | 0.6 | 0.4 | 1.1 | 0.7 | 5.3% |
| United States | N/A | N/A | 0.7 | 0.4 | -42.9% |
| Taiwan (Chinese) | 0.6 | 0.3 | 0.5 | 0.3 | -20.6% |
| Others | 1.2 | 0.9 | 1.1 | 0.8 | -12.6% |
| Total | 10.8 | 8.5 | 13.3 | 8.7 | -7.0% |
Top Suppliers of Brakes and Servo-Brakes to Pakistan in 2022:
- China (316.7 tons)
- Japan (159.5 tons)
- Indonesia (116.3 tons)
- United Arab Emirates (111.7 tons)
- Thailand (54.9 tons)
- Taiwan (Chinese) (38.4 tons)
- United States (22.9 tons)
Brakes and Servo-Brakes Exports in Pakistan
In 2022, the amount of brakes and servo-brakes exported from Pakistan skyrocketed to 43 tons, with an increase of 25% compared with the year before. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, brakes and servo-brakes exports rose markedly to $209K in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 125%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Brakes and Servo-Brakes in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 64.1 | 159 | 151 | 177 | 40.3% |
| United Arab Emirates | 12.5 | 25.4 | 27.5 | 32.3 | 37.2% |
| Others | 7.1 | 3.8 | 6.3 | N/A | -5.8% |
| Total | 83.6 | 188 | 184 | 209 | 35.7% |
Top Export Markets for Brakes and Servo-Brakes from Pakistan in 2022:
- Belgium (31.1 tons)
- United Arab Emirates (12.1 tons)
This report provides an in-depth analysis of the brakes and servo-brakes market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 29323020 - Brakes and servo-brakes and their parts (excluding unmounted linings or pads)
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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