Pakistan - Equipment For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Internal Combustion Engine Equipment in Pakistan - 2023
Contents:
- Price for Internal Combustion Engine Equipment in Pakistan (CIF) - 2022
- Price for Internal Combustion Engine Equipment in Pakistan (FOB) - 2022
- Imports of Internal Combustion Engine Equipment in Pakistan
- Exports of Internal Combustion Engine Equipment in Pakistan
Price for Internal Combustion Engine Equipment in Pakistan (CIF) - 2022
The average internal combustion engine equipment import price stood at $3.4 per unit in 2022, picking up by 105% against the previous year. In general, the import price, however, recorded a abrupt setback. The import price peaked at $15 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($10 per unit), while the price for Saudi Arabia ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+93.0%), while the prices for the other major suppliers experienced a decline.
Price for Internal Combustion Engine Equipment in Pakistan (FOB) - 2022
In 2022, the average internal combustion engine equipment export price amounted to $19 per unit, waning by -24.2% against the previous year. Over the period under review, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 391%. As a result, the export price reached the peak level of $49 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($65 per unit), while the average price for exports to Sri Lanka ($2.3 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 Madagascar (+42.5%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Internal Combustion Engine Equipment in Pakistan
After three years of growth, purchases abroad of equipment for internal combustion engines decreased by -71.6% to 71K units in 2022. In general, imports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 143% against the previous year. As a result, imports reached the peak of 250K units, and then contracted dramatically in the following year.
In value terms, internal combustion engine equipment imports fell remarkably to $243K in 2022. Over the period under review, imports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when imports increased by 16% against the previous year. Over the period under review, imports reached the maximum at $489K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Internal Combustion Engine Equipment in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 74.4 | 29.6 | 2.7 | 88.1 | 5.8% |
| China | 175 | 64.4 | 6.8 | 53.4 | -32.7% |
| United States | 92.7 | 64.4 | 7.8 | 28.9 | -32.2% |
| France | 8.1 | 7.2 | 0.4 | 19.1 | 33.1% |
| Malaysia | 13.7 | 9.4 | 0.8 | 5.6 | -25.8% |
| Philippines | N/A | 120 | 393 | 4.9 | -79.8% |
| Saudi Arabia | 12.4 | 3.7 | 0.1 | 2.8 | -39.1% |
| Italy | 8.6 | 5.5 | 0.4 | 2.8 | -31.2% |
| Others | 104 | 53.2 | 4.6 | 37.2 | -29.0% |
| Total | 489 | 358 | 416 | 243 | -20.8% |
Top Suppliers of Internal Combustion Engine Equipment to Pakistan in 2022:
- Japan (30.3K units)
- China (20.0K units)
- France (7.5K units)
- United States (2.8K units)
- Saudi Arabia (1.9K units)
- Malaysia (1.9K units)
- Italy (1.1K units)
- Philippines (0.7K units)
Exports of Internal Combustion Engine Equipment in Pakistan
In 2022, internal combustion engine equipment exports from Pakistan dropped significantly to 679 units, falling by -23.8% on the year before. Overall, exports showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 502%. As a result, the exports attained the peak of 891 units, and then declined dramatically in the following year.
In value terms, internal combustion engine equipment exports contracted rapidly to $13K in 2022. Over the period under review, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 544% against the previous year. As a result, the exports reached the peak of $23K, and then declined sharply in the following year.
| Export of Internal Combustion Engine Equipment in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 4.1 | 1.9 | 15.6 | 7.7 | 23.4% |
| France | 5.8 | 0.9 | 0.1 | 2.7 | -22.5% |
| Germany | 2.3 | 0.2 | 2.0 | 1.2 | -19.5% |
| Madagascar | 0.6 | 0.3 | 1.0 | 0.9 | 14.5% |
| Afghanistan | 0.4 | 0.1 | 0.5 | 0.2 | -20.6% |
| United States | N/A | N/A | 2.4 | N/A | 0% |
| Others | 2.4 | 0.1 | 0.9 | 0.3 | -50.0% |
| Total | 15.7 | 3.5 | 22.6 | 13.1 | -5.9% |
Top Export Markets for Internal Combustion Engine Equipment from Pakistan in 2022:
- France (333.0 units)
- Germany (153.0 units)
- United Arab Emirates (119.0 units)
- Afghanistan (25.0 units)
- Madagascar (16.0 units)
This report provides an in-depth analysis of the market for internal combustion engine equipment 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 29312270 - Equipment, n.e.c., for internal combustion engines
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
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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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