Pakistan - Solar Cells and Light-Emitting Diodes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Solar Cells and Light-Emitting Diodes in Pakistan - 2022
Contents:
- Price for Solar Cells and Light-Emitting Diodes in Pakistan (CIF) - 2022
- Price for Solar Cells and Light-Emitting Diodes in Pakistan (FOB) - 2022
- Imports of Solar Cells and Light-Emitting Diodes in Pakistan
- Exports of Solar Cells and Light-Emitting Diodes in Pakistan
Price for Solar Cells and Light-Emitting Diodes in Pakistan (CIF) - 2022
In June 2022, the average import price for solar cells and light-emitting diodes amounted to $63.5 per unit, declining by -2.9% against the previous month. In general, the import price recorded a perceptible contraction. As a result, import price reached the peak level of $70.8 per unit. From March 2022 to June 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2022, the country with the highest price was Hong Kong SAR ($82.9 per unit), while the price for China stood at $62.7 per unit.
From February 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.4%).
Price for Solar Cells and Light-Emitting Diodes in Pakistan (FOB) - 2022
The average export price for solar cells and light-emitting diodes stood at $583 per unit in 2022, growing by 26,275% against the previous year. Overall, the export price recorded a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +46.2% per year.
Imports of Solar Cells and Light-Emitting Diodes in Pakistan
Solar cells and light-emitting diodes imports into Pakistan shrank markedly to 155M units in 2022, which is down by -21.1% on the previous year. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of 196M units, and then contracted markedly in the following year.
In value terms, solar cells and light-emitting diodes imports dropped to $517M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. As a result, imports attained the peak of $556M, and then dropped in the following year.
| Import of Solar Cells and Light-Emitting Diodes in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 340 | 353 | 544 | 502 | 13.9% |
| Others | 15.5 | 5.2 | 12.8 | 15.1 | -0.9% |
| Total | 355 | 358 | 556 | 517 | 13.3% |
Top Suppliers of Solar Cells and Light-Emitting Diodes to Pakistan in 2022:
- China (150.2M units)
Exports of Solar Cells and Light-Emitting Diodes in Pakistan
In 2022, overseas shipments of solar cells and light-emitting diodes decreased by -99.5% to 168 units, falling for the second consecutive year after two years of growth. In general, exports saw a drastic downturn. The growth pace was the most rapid in 2020 when exports increased by 19,565%. As a result, the exports attained the peak of 52K units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, solar cells and light-emitting diodes exports soared to $98K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 763%. As a result, the exports attained the peak of $126K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Solar Cells and Light-Emitting Diodes in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.9 | 2.0 | 2.7 | 97.9 | 272.1% |
| Germany | N/A | 44.0 | N/A | N/A | 0% |
| United Kingdom | 5.1 | 78.8 | N/A | N/A | 1445.1% |
| Afghanistan | N/A | N/A | 67.4 | N/A | 0% |
| Others | 7.5 | 1.0 | N/A | N/A | -86.7% |
| Total | 14.6 | 126 | 70.1 | 97.9 | 88.6% |
Top Export Markets for Solar Cells and Light-Emitting Diodes from Pakistan in 2022:
- China (168.0 units)
This report provides an in-depth analysis of the market for solar cells and light-emitting diodes 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 26112220 - Semiconductor light emitting diodes (LEDs)
- Prodcom 26112240 - Photosensitive semiconductor devices, solar cells, photodiodes, p hoto-transistors, etc.
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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