Report Update Apr 1, 2024

Pakistan - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Smart Card Market 2024

Smart Card Market Size in Pakistan

The Pakistani smart card market rose modestly to $X in 2022, with an increase of X% against the previous year. In general, consumption posted resilient growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Smart Card Production in Pakistan

In value terms, smart card production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Smart Card Exports

Exports from Pakistan

Smart card exports from Pakistan surged to X units in 2022, growing by X% compared with 2021 figures. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, smart card exports soared to $X in 2022. Over the period under review, exports posted a prominent expansion. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Qatar (X units) was the main destination for smart card exports from Pakistan, with a approx. X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for cards incorporating an electronic integrated circuit (smart card) exports from Pakistan.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar was relatively modest.

Export Prices by Country

In 2022, the average smart card export price amounted to $X per unit, jumping by X% against the previous year. In general, the export price, however, saw a significant contraction. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to X% per year.

Smart Card Imports

Imports into Pakistan

In 2022, smart card imports into Pakistan surged to X units, with an increase of X% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, smart card imports soared to $X in 2022. Over the period under review, imports posted moderate growth. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main supplier of smart card to Pakistan, accounting for a X% share of total imports. It was followed by France (X units), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of cards incorporating an electronic integrated circuit (smart card) to Pakistan, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average smart card import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price saw a temperate increase. The growth pace was the most rapid in 2014 an increase of X%. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cards incorporating an electronic integrated circuit (smart card) in the world?

The United States constituted the country with the largest volume of smart card consumption, accounting for 11% of total volume. Moreover, smart card consumption in the United States exceeded the figures recorded by the second-largest consumer, France, twofold. India ranked third in terms of total consumption with a 4.3% share.

What are the largest producers of cards incorporating an electronic integrated circuit (smart card) in the world?

China constituted the country with the largest volume of smart card production, comprising approx. 26% of total volume. Moreover, smart card production in China exceeded the figures recorded by the second-largest producer, Hong Kong SAR, threefold. The third position in this ranking was held by Malaysia, with an 8.9% share.

What are the leading suppliers of cards incorporating an electronic integrated circuit (smart card) to Pakistan?

In value terms, China constituted the largest supplier of cards incorporating an electronic integrated circuit smart card) to Pakistan, comprising 70% of total imports. The second position in the ranking was taken by France, with a 25% share of total imports.

What are the leading importers of cards incorporating an electronic integrated circuit (smart card) from Pakistan?

In value terms, Qatar emerged as the key foreign market for cards incorporating an electronic integrated circuit smart card) exports from Pakistan.

What is the average export price for cards incorporating an electronic integrated circuit (smart card) in Pakistan?

The average smart card export price stood at $1.3 per unit in 2022, growing by 434% against the previous year.

What is the average import price for cards incorporating an electronic integrated circuit (smart card) in Pakistan?

The average smart card import price stood at $0.4 per unit in 2022, surging by 6.9% against the previous year.

This report provides an in-depth analysis of the smart card 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 26123000 - Smart cards

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