Report Update: May 1, 2024

Pakistan - Instruments for Measuring Electrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Instruments for Measuring Electrical Quantities in Pakistan - 2023

Price for Instruments for Measuring Electrical Quantities in Pakistan (CIF) - 2023
Price for Instruments for Measuring Electrical Quantities in Pakistan (FOB) - 2022
Imports of Instruments for Measuring Electrical Quantities in Pakistan
Exports of Instruments for Measuring Electrical Quantities in Pakistan

Price for Instruments for Measuring Electrical Quantities in Pakistan (CIF) - 2023

In February 2023, the average import price for instruments for measuring electrical quantities amounted to $40.2 per unit, with an increase of 26% against the previous month. Over the period under review, import price indicated a temperate expansion from February 2022 to February 2023: its price increased at an average monthly rate of +2.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, instruments for measuring electrical quantities import price increased by +116.6% against July 2022 indices. The most prominent rate of growth was recorded in August 2022 an increase of 32% against the previous month. The import price peaked in February 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($121 per unit), while the price for Turkey ($12.7 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 the UK (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Instruments for Measuring Electrical Quantities in Pakistan (FOB) - 2022

The average export price for instruments for measuring electrical quantities stood at $21 per unit in 2022, declining by -32.1% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 695%. The export price peaked at $248 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1,671 per unit), while the average price for exports to the United States ($110 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 States (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Instruments for Measuring Electrical Quantities in Pakistan

Instruments for measuring electrical quantities imports into Pakistan soared to 540K units in 2022, rising by 282% compared with the previous year. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, instruments for measuring electrical quantities imports soared to $9M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Instruments for Measuring Electrical Quantities in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	813	1,328	1,148	1,078	9.9%
Germany	370	103	381	357	-1.2%
Italy	189	157	320	300	16.7%
United Arab Emirates	238	446	162	282	5.8%
United States	211	106	293	274	9.1%
Singapore	77.4	32.8	178	167	29.2%
Spain	35.8	48.9	166	156	63.3%
Poland	148	97.0	103	113	-8.6%
United Kingdom	112	95.7	98.9	99.8	-3.8%
Turkey	122	33.1	92.3	86.4	-10.9%
Hungary	120	33.8	71.3	72.1	-15.6%
Others	521	265	370	5,991	125.7%
Total	2,959	2,746	3,383	8,975	44.8%

Top Suppliers of Instruments for Measuring Electrical Quantities to Pakistan in 2022:

China (39.5K units)
United Arab Emirates (36.1K units)
Italy (11.6K units)
Germany (10.3K units)
United States (5.6K units)
Singapore (4.5K units)
Poland (3.8K units)
Turkey (3.2K units)
Spain (3.2K units)
United Kingdom (2.9K units)
Hungary (2.0K units)

Exports of Instruments for Measuring Electrical Quantities in Pakistan

In 2022, the amount of instruments for measuring electrical quantities exported from Pakistan soared to 9.2K units, increasing by 52% compared with the year before. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 848%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, instruments for measuring electrical quantities exports expanded to $191K in 2022. Overall, exports posted perceptible growth. The most prominent rate of growth was recorded in 2021 when exports increased by 467%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Instruments for Measuring Electrical Quantities in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.1	0.8	62.5	77.7	192.7%
United States	69.3	0.1	1.5	26.5	-27.4%
United Kingdom	1.2	6.2	5.8	7.2	81.7%
Switzerland	38.6	N/A	N/A	N/A	0%
Uganda	N/A	1.1	N/A	N/A	0%
Vietnam	N/A	6.1	N/A	N/A	0%
Austria	N/A	N/A	22.1	N/A	0%
Montenegro	N/A	N/A	72.3	N/A	0%
Myanmar	N/A	N/A	1.0	N/A	0%
Romania	N/A	N/A	0.4	N/A	0%
Others	58.3	18.4	19.6	79.4	10.8%
Total	171	32.7	185	191	3.8%

Top Export Markets for Instruments for Measuring Electrical Quantities from Pakistan in 2022:

United Kingdom (undefinedK units)
Germany (undefinedK units)
United States (0.2K units)

This report provides an in-depth analysis of the market for instruments for measuring electrical quantities 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 26514310 - Multimeters
Prodcom 26514330 - Electronic instruments and apparatus for measuring or checking voltage, current, resistance or electrical power, w ithout recording device (excluding multimeters, and oscilloscopes and oscillographs)
Prodcom 26514355 - Voltmeters
Prodcom 26514359 - Non-electronic instruments and apparatus, for measuring or checking voltage, current, resistance or power, without a recording device (excluding multimeters, voltmeters)
Prodcom 26514300 -

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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