Pakistan - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLift and Hoist Price in Pakistan - 2023
Contents:
- Lift and Hoist Price in Pakistan (CIF) - 2023
- Lift and Hoist Price in Pakistan (FOB) - 2022
- Lift and Hoist Imports in Pakistan
- Lift and Hoist Exports in Pakistan
Lift and Hoist Price in Pakistan (CIF) - 2023
The average lift and hoist import price stood at $26,316 per unit in February 2023, picking up by 44% against the previous month. Over the period under review, import price indicated a modest expansion from February 2022 to February 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, lift and hoist import price increased by +44.1% against January 2023 indices. The growth pace was the most rapid in June 2022 when the average import price increased by 79% month-to-month. Over the period under review, average import prices hit record highs at $37,741 per unit in July 2022; afterwards, it flattened through to February 2023.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was China ($27,021 per unit), while the price for Spain ($5,036 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Slovakia (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Lift and Hoist Price in Pakistan (FOB) - 2022
The average lift and hoist export price stood at $2,507 per unit in 2022, increasing by 43% against the previous year. In general, the export price, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2018 an increase of 1,533% against the previous year. The export price peaked at $13,548 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($10,021 per unit), while the average price for exports to Ethiopia ($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 the United Arab Emirates (-6.9%), while the prices for the other major destinations experienced a decline.
Lift and Hoist Imports in Pakistan
In 2022, the amount of lifts and hoists imported into Pakistan surged to 1.8K units, growing by 40% against the previous year. Overall, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, lift and hoist imports expanded slightly to $18M in 2022. In general, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 26% against the previous year. Over the period under review, imports reached the peak figure at $23M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Lift and Hoist in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.9 | 10.4 | 12.9 | 12.3 | -6.2% |
Spain | 0.7 | 0.6 | 1.8 | 1.4 | 26.0% |
Japan | 1.0 | 0.2 | 0.2 | 1.1 | 3.2% |
South Korea | 1.7 | 1.0 | 0.6 | 0.7 | -25.6% |
Slovakia | N/A | 0.3 | 0.1 | 0.3 | 0.0% |
Czech Republic | N/A | 0.1 | N/A | 0.2 | 41.4% |
Others | 4.5 | 1.8 | 2.6 | 2.5 | -17.8% |
Total | 22.8 | 14.4 | 18.2 | 18.5 | -6.7% |
Top Suppliers of Lift and Hoist to Pakistan in 2022:
- China (1363.0 units)
- Japan (136.0 units)
- Spain (65.0 units)
- Slovakia (33.0 units)
- South Korea (30.0 units)
- Czech Republic (29.0 units)
Lift and Hoist Exports in Pakistan
In 2022, the amount of lifts and hoists exported from Pakistan was estimated at 4 units, standing approx. at the previous year's figure. Over the period under review, exports faced a abrupt decrease. The smallest decline of -20% was in 2021. The exports peaked at 7 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, lift and hoist exports skyrocketed to $10K in 2022. In general, exports recorded a abrupt downturn. Over the period under review, the exports hit record highs at $19K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Lift and Hoist in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 11.8 | 12.9 | 7.0 | 10.0 | -5.4% |
Uganda | N/A | N/A | N/A | N/A | 0% |
China | N/A | N/A | N/A | N/A | 0% |
Ethiopia | N/A | N/A | N/A | N/A | 0% |
United States | 0.2 | 0.1 | N/A | N/A | -50.0% |
Tanzania | N/A | N/A | N/A | N/A | 0% |
Turkey | 6.8 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.8 | 13.1 | 7.0 | 10.0 | -19.0% |
Top Export Markets for Lift and Hoist from Pakistan in 2022:
- Ethiopia (1.0 units)
- Tanzania (1.0 units)
- China (1.0 units)
- United Arab Emirates (1.0 units)
This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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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