Pakistan - Instruments And Apparatus For Measuring Or Checking Pressure Of Liquids Or Gasses - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTest and Measurement Price in Pakistan - 2023
Contents:
- Test and Measurement Price in Pakistan (CIF) - 2023
- Test and Measurement Price in Pakistan (FOB) - 2022
- Test and Measurement Imports in Pakistan
- Test and Measurement Exports in Pakistan
Test and Measurement Price in Pakistan (CIF) - 2023
The average test and measurement import price stood at $127 per unit in February 2023, declining by -32.9% against the previous month. Over the period under review, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in January 2023 when the average import price increased by 32% month-to-month. As a result, import price reached the peak level of $190 per unit, and then shrank markedly in the following month.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Germany ($205 per unit), while the price for China ($68.8 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 Canada (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Test and Measurement Price in Pakistan (FOB) - 2022
The average test and measurement export price stood at $2,461 per unit in 2022, declining by -17.5% against the previous year. Over the period under review, the export price, however, saw a significant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 850% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,984 per unit in 2021, and then reduced notably in the following year.
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 China ($43,816 per unit), while the average price for exports to Tanzania ($144 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 France (+61.5%), while the prices for the other major destinations experienced more modest paces of growth.
Test and Measurement Imports in Pakistan
In 2022, after three years of growth, there was significant decline in overseas purchases of instruments and apparatus for measuring or checking pressure of liquids or gasses, when their volume decreased by -26.2% to 53K units. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 107%. As a result, imports reached the peak of 72K units, and then plummeted in the following year.
In value terms, test and measurement imports dropped rapidly to $6.3M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports reached the peak of $11M, and then contracted remarkably in the following year.
| Import of Test and Measurement in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,420 | 1,473 | 5,528 | 3,115 | 29.9% |
| United Arab Emirates | 1,089 | 844 | 1,192 | 672 | -14.9% |
| United States | 693 | 653 | 915 | 515 | -9.4% |
| Germany | 521 | 356 | 637 | 359 | -11.7% |
| Italy | 312 | 947 | 577 | 349 | 3.8% |
| Japan | 416 | 302 | 424 | 239 | -16.9% |
| Singapore | 230 | 393 | 263 | 169 | -9.8% |
| United Kingdom | 208 | 496 | 144 | 162 | -8.0% |
| South Korea | 261 | 247 | 141 | 125 | -21.8% |
| Others | 1,185 | 1,055 | 779 | 573 | -21.5% |
| Total | 6,334 | 6,765 | 10,599 | 6,278 | -0.3% |
Top Suppliers of Test and Measurement to Pakistan in 2022:
- China (30.3K units)
- United Arab Emirates (4.9K units)
- United States (3.6K units)
- Germany (3.0K units)
- Italy (2.0K units)
- Japan (1.8K units)
- South Korea (1.7K units)
- Singapore (1.1K units)
- United Kingdom (0.9K units)
Test and Measurement Exports in Pakistan
In 2022, the amount of instruments and apparatus for measuring or checking pressure of liquids or gasses exported from Pakistan fell rapidly to 55 units, with a decrease of -35.3% compared with 2021. Overall, exports saw a sharp downturn. The exports peaked at 708 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, test and measurement exports contracted remarkably to $136K in 2022. Over the period under review, exports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. The exports peaked at $486K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Test and Measurement in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 44.6 | 26.4 | 124 | 86.2 | 24.6% |
| Singapore | 98.3 | 67.3 | 33.4 | 33.3 | -30.3% |
| Germany | 149 | 2.0 | 1.1 | 12.9 | -55.8% |
| United Kingdom | 11.1 | 3.0 | 3.7 | 2.5 | -39.2% |
| Tanzania | 4.1 | 0.6 | 1.0 | 0.7 | -44.5% |
| Kuwait | N/A | 1.4 | N/A | N/A | 0% |
| Democratic Republic of the Congo | N/A | 1.6 | N/A | N/A | 0% |
| France | 120 | N/A | 7.4 | N/A | -75.2% |
| Oman | 34.0 | 70.5 | N/A | N/A | 107.4% |
| Others | 25.4 | 34.3 | 84.5 | N/A | 82.4% |
| Total | 486 | 207 | 255 | 136 | -34.6% |
Top Export Markets for Test and Measurement from Pakistan in 2022:
- Singapore (34.0 units)
- Germany (13.0 units)
- Tanzania (5.0 units)
- China (2.0 units)
- United Kingdom (1.0 units)
This report provides an in-depth analysis of the test and measurement 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 26515271 - Electronic pressure gauges, sensors, indicators and transmitters
- Prodcom 26515274 - Non-electronic spiral or metal diaphragm type pressure gauges
- Prodcom 26515279 - Other instruments for measuring or checking pressure: others
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
- 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
-
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
-
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
-
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
-
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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