Pakistan - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Propelled Vehicle Price in Pakistan - 2023
Contents:
- Non-Propelled Vehicle Price in Pakistan (CIF) - 2022
- Non-Propelled Vehicle Price in Pakistan (FOB) - 2022
- Non-Propelled Vehicle Imports in Pakistan
- Non-Propelled Vehicle Exports in Pakistan
Non-Propelled Vehicle Price in Pakistan (CIF) - 2022
The average non-propelled vehicle import price stood at $280 per unit in 2022, rising by 50% against the previous year. Overall, the import price showed buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($631 per unit), while the price for Saudi Arabia ($5.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Propelled Vehicle Price in Pakistan (FOB) - 2022
In 2022, the average non-propelled vehicle export price amounted to $73 per unit, falling by -28% against the previous year. Over the period under review, the export price, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2020 an increase of 86%. As a result, the export price reached the peak level of $118 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($154 per unit), while the average price for exports to Italy ($14 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 Qatar (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Propelled Vehicle Imports in Pakistan
After three years of growth, overseas purchases of vehicles not mechanically propelled decreased by -24.1% to 6.1K units in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, imports reached the peak of 8.1K units, and then fell significantly in the following year.
In value terms, non-propelled vehicle imports totaled $1.7M in 2022. The total import value increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Non-Propelled Vehicle in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 572 | 762 | 1,022 | 1,162 | 26.6% |
Germany | 83.4 | 29.8 | 67.7 | 115 | 11.3% |
Turkey | 5.5 | 11.7 | 33.1 | 65.5 | 128.4% |
Sweden | 7.8 | 5.1 | 0.8 | 44.8 | 79.1% |
Japan | 20.9 | 100 | 61.3 | 31.3 | 14.4% |
Netherlands | 189 | 112 | 25.0 | 26.0 | -48.4% |
Saudi Arabia | 11.2 | 10.7 | 7.7 | 6.5 | -16.6% |
United States | 70.9 | 41.5 | 18.4 | 4.7 | -59.5% |
Others | 317 | 357 | 271 | 259 | -6.5% |
Total | 1,278 | 1,430 | 1,507 | 1,714 | 10.3% |
Top Suppliers of Non-Propelled Vehicle to Pakistan in 2022:
- China (3591.0 units)
- Saudi Arabia (1161.0 units)
- Turkey (300.0 units)
- Sweden (200.0 units)
- Germany (182.0 units)
- Japan (113.0 units)
- Netherlands (81.0 units)
- United States (12.0 units)
Non-Propelled Vehicle Exports in Pakistan
Non-propelled vehicle exports from Pakistan declined slightly to 754 units in 2022, which is down by -3% compared with the previous year's figure. In general, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 191%. Over the period under review, the exports reached the maximum at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-propelled vehicle exports shrank remarkably to $55K in 2022. Overall, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 152%. As a result, the exports reached the peak of $79K, and then shrank dramatically in the following year.
Export of Non-Propelled Vehicle in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 12.9 | 14.0 | 43.0 | 32.8 | 36.5% |
United Kingdom | 0.6 | 0.8 | 7.9 | 6.7 | 123.5% |
United States | 3.8 | 3.3 | 3.9 | 3.1 | -6.6% |
Qatar | 1.7 | 1.8 | 2.5 | 2.3 | 10.6% |
El Salvador | N/A | N/A | N/A | 0.9 | 0% |
Italy | 0.7 | 0.5 | 0.5 | 0.3 | -24.6% |
Comoros | N/A | N/A | 3.9 | N/A | 0% |
Sweden | 32.1 | N/A | N/A | N/A | 0% |
Philippines | 7.1 | N/A | N/A | N/A | 0% |
Others | 11.3 | 11.1 | 17.4 | 9.2 | -6.6% |
Total | 70.2 | 31.4 | 79.2 | 55.3 | -7.6% |
Top Export Markets for Non-Propelled Vehicle from Pakistan in 2022:
- United Arab Emirates (544.0 units)
- United Kingdom (56.0 units)
- El Salvador (46.0 units)
- United States (20.0 units)
- Italy (20.0 units)
- Qatar (18.0 units)
This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys
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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