Pakistan - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Pakistan - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights

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Microwave Oven Price in Pakistan - 2023

Contents:

  1. Microwave Oven Price in Pakistan (CIF) - 2022
  2. Microwave Oven Price in Pakistan (FOB) - 2022
  3. Microwave Oven Imports in Pakistan
  4. Microwave Oven Exports in Pakistan

Microwave Oven Price in Pakistan (CIF) - 2022

In 2022, the average microwave oven import price amounted to $36 per unit, which is down by -26.5% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. The import price peaked at $49 per unit in 2021, and then fell dramatically 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 Arab Emirates ($44 per unit), while the price for Poland ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Microwave Oven Price in Pakistan (FOB) - 2022

In 2022, the average microwave oven export price amounted to $105 per unit, surging by 140% against the previous year. In general, the export price enjoyed a noticeable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,171 per unit), while the average price for exports to Maldives ($70 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 New Zealand (+30.3%).

Microwave Oven Imports in Pakistan

In 2022, the amount of microwave ovens imported into Pakistan amounted to 15K units, increasing by 6.4% against 2021. Overall, imports, however, recorded a perceptible slump. Over the period under review, imports attained the maximum at 17K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, microwave oven imports contracted remarkably to $552K in 2022. Over the period under review, imports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 with an increase of 26%. As a result, imports attained the peak of $706K, and then declined dramatically in the following year.

Import of Microwave Oven in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16213114446141.7%
United Arab Emirates39135750839.0-53.6%
PolandN/AN/AN/A11.00%
Italy8.86.69.910.56.1%
Others39.667.444.930.3-8.5%
Total601562706552-2.8%

Top Suppliers of Microwave Oven to Pakistan in 2022:

  1. China (12.8K units)
  2. United Arab Emirates (0.9K units)
  3. Poland (0.7K units)
  4. Italy (0.2K units)

Microwave Oven Exports in Pakistan

In 2022, after three years of growth, there was significant decline in overseas shipments of microwave ovens, when their volume decreased by -98.8% to 33 units. In general, exports showed a dramatic downturn. The pace of growth was the most pronounced in 2020 with an increase of 1,021%. The exports peaked at 2.8K units in 2021, and then contracted sharply in the following year.

In value terms, microwave oven exports fell notably to $3.5K in 2022. Over the period under review, exports continue to indicate a significant decline. The pace of growth was the most pronounced in 2020 with an increase of 928%. Over the period under review, the exports reached the peak figure at $123K in 2021, and then declined sharply in the following year.

Export of Microwave Oven in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MaldivesN/AN/AN/A2.20%
Hong Kong SARN/AN/AN/A1.20%
New ZealandN/A0.10.10.10.0%
DjiboutiN/AN/A0.9N/A0%
Bangladesh2.853.691.3N/A471.0%
Afghanistan1.08.64.7N/A116.8%
Others4.422.426.4N/A144.9%
Total8.284.71233.5-24.7%

Top Export Markets for Microwave Oven from Pakistan in 2022:

  1. Maldives (31.0 units)
  2. New Zealand (1.0 units)
  3. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the microwave oven 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 27512700 - Domestic microwave ovens

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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