Pakistan - Electric Soldering Irons And Guns - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Soldering Iron Price in Pakistan - 2023
Contents:
- Electric Soldering Iron Price in Pakistan (CIF) - 2022
- Electric Soldering Iron Price in Pakistan (FOB) - 2022
- Electric Soldering Iron Imports in Pakistan
- Electric Soldering Iron Exports in Pakistan
Electric Soldering Iron Price in Pakistan (CIF) - 2022
In 2022, the average electric soldering iron import price amounted to $2.6 per unit, rising by 13% against the previous year. Overall, the import price, however, recorded a pronounced decline. The pace of growth was the most pronounced in 2014 when the average import price increased by 31%. The import price peaked at $5.5 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($7 per unit), while the price for China totaled $2.3 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.7%).
Electric Soldering Iron Price in Pakistan (FOB) - 2022
In 2022, the average electric soldering iron export price amounted to $88 per unit, picking up by 11% against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 157%. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($283 per unit), while the average price for exports to the Netherlands ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+18.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Soldering Iron Imports in Pakistan
In 2022, approx. 141K units of electric soldering irons and guns were imported into Pakistan; with a decrease of -58.1% on 2021. In general, imports recorded a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of 338K units, and then fell markedly in the following year.
In value terms, electric soldering iron imports dropped markedly to $371K in 2022. Over the period under review, imports faced a dramatic contraction. The growth pace was the most rapid in 2021 when imports increased by 33% against the previous year. Over the period under review, imports hit record highs at $883K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Electric Soldering Iron in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 755 | 490 | 639 | 309 | -25.8% |
| Indonesia | 50.0 | 58.0 | 90.9 | 33.6 | -12.4% |
| Others | 77.9 | 42.3 | 54.6 | 27.8 | -29.1% |
| Total | 883 | 591 | 784 | 371 | -25.1% |
Top Suppliers of Electric Soldering Iron to Pakistan in 2022:
- China (132.1K units)
- Indonesia (4.8K units)
Electric Soldering Iron Exports in Pakistan
In 2022, approx. 25 units of electric soldering irons and guns were exported from Pakistan; waning by -13.8% compared with 2021 figures. Over the period under review, exports saw a deep reduction. The exports peaked at 34 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, electric soldering iron exports contracted to $2.2K in 2022. The total export value increased at an average annual rate of +4.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 8.3%. As a result, the exports attained the peak of $2.3K, and then shrank in the following year.
| Export of Electric Soldering Iron in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bahrain | 271 | 799 | 1,141 | 983 | 53.6% |
| Sudan | 333 | 838 | 1,020 | 850 | 36.7% |
| United Arab Emirates | 437 | 242 | 17.0 | 302 | -11.6% |
| Canada | 19.0 | 42.0 | 45.0 | 33.0 | 20.2% |
| Germany | 27.0 | 50.0 | 45.0 | 27.0 | 0.0% |
| Sri Lanka | 5.0 | 11.0 | 11.0 | 8.0 | 17.0% |
| Netherlands | 1.0 | 1.0 | 1.0 | 1.0 | 0.0% |
| Tanzania | 161 | 67.0 | 14.0 | 1.0 | -81.6% |
| Others | 703 | 68.0 | N/A | N/A | -90.3% |
| Total | 1,957 | 2,118 | 2,294 | 2,205 | 4.1% |
Top Export Markets for Electric Soldering Iron from Pakistan in 2022:
- Bahrain (12.0 units)
- United Arab Emirates (5.0 units)
- Sudan (3.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- Tanzania (1.0 units)
- Germany (1.0 units)
- Sri Lanka (1.0 units)
This report provides an in-depth analysis of the electric soldering iron 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 27903109 - Electric soldering irons and guns
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
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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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