Pakistan - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Pakistan - Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Price for Electrical Board and Console in Pakistan - 2023

Contents:

  1. Price for Electrical Board and Console in Pakistan (CIF) - 2022
  2. Price for Electrical Board and Console in Pakistan (FOB) - 2022
  3. Imports of Electrical Board and Console in Pakistan
  4. Exports of Electrical Board and Console in Pakistan

Price for Electrical Board and Console in Pakistan (CIF) - 2022

The average electrical board and console import price stood at $298 per unit in 2022, picking up by 5.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 13% against the previous year. The import price peaked at $350 per unit in 2015; however, from 2016 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 the United Arab Emirates ($389 per unit), while the price for Turkey ($256 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Electrical Board and Console in Pakistan (FOB) - 2022

The average electrical board and console export price stood at $253 per unit in 2022, with a decrease of -9.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2013 when the average export price increased by 50%. As a result, the export price attained the peak level of $286 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to +19.0% per year.

Imports of Electrical Board and Console in Pakistan

For the fourth consecutive year, Pakistan recorded growth in overseas purchases of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v, which increased by 33% to 132K units in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electrical board and console imports skyrocketed to $39M in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Electrical Board and Console in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.919.022.232.824.7%
United Arab Emirates0.2N/A1.62.4128.9%
ThailandN/A1.60.91.4-6.5%
Germany0.20.10.71.071.0%
South Korea1.10.30.20.7-14.0%
Turkey0.50.10.40.66.3%
Others0.80.51.90.5-14.5%
Total19.721.628.039.426.0%

Top Suppliers of Electrical Board and Console to Pakistan in 2022:

  1. China (111.0K units)
  2. United Arab Emirates (6.1K units)
  3. Thailand (4.7K units)
  4. Germany (3.3K units)
  5. South Korea (2.8K units)
  6. Turkey (2.5K units)

Exports of Electrical Board and Console in Pakistan

In 2022, after two years of decline, there was growth in shipments abroad of boards, consoles, equipped with electrical switching apparatus for a voltage exceeding 1000 v, when their volume increased by 4.5% to 2.5K units. Over the period under review, exports, however, showed a perceptible decrease. Over the period under review, the exports hit record highs at 2.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, electrical board and console exports fell to $639K in 2022. The total export value increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 15%. Over the period under review, the exports attained the peak figure at $678K in 2021, and then declined in the following year.

Export of Electrical Board and Console in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Afghanistan23859965263939.0%
United Arab Emirates278N/A14.4N/A-77.2%
Others4.8N/A12.1N/A58.8%
Total5215996786397.0%

Top Export Markets for Electrical Board and Console from Pakistan in 2022:

  1. Afghanistan (2.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for electrical board and console 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 27123203 - Numerical control panels, 1 .000 V < voltage . .72,5 kV
  • Prodcom 27123205 - Numerical control panels, voltage > .72,5 kV

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
Store
Blog
Event
Free Data: Boards, Consoles, Etc. Equipped With Electrical Switching Apparatus For A Voltage Exceeding 1000 V - Pakistan