Pakistan: Shaft Coupling Market 2024

Shaft Coupling Market Size in Pakistan

The Pakistani shaft coupling market fell markedly to $X in 2022, reducing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a slight descent. Shaft coupling consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Shaft Coupling Exports

Exports from Pakistan

In 2022, exports of clutches and shaft couplings from Pakistan dropped sharply to X kg, which is down by X% against the previous year's figure. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, shaft coupling exports shrank dramatically to $X in 2022. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for shaft coupling exports from Pakistan, with a X% share of total exports. It was followed by Italy (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Romania (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for clutches and shaft couplings exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Romania (X% per year).

Export Prices by Country

In 2022, the average shaft coupling export price amounted to $X per ton, which is down by X% against the previous year. In general, the export price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2013 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Shaft Coupling Imports

Imports into Pakistan

In 2022, approx. X tons of clutches and shaft couplings were imported into Pakistan; which is down by X% compared with the previous year. Overall, imports showed a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, shaft coupling imports declined markedly to $X in 2022. Over the period under review, imports continue to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of shaft coupling imports to Pakistan, together accounting for X% of total imports. Japan, the United Arab Emirates, Thailand, the Czech Republic, the UK, South Korea, Poland, Italy, Canada and Switzerland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest shaft coupling suppliers to Pakistan were China ($X), Germany ($X) and the United States ($X), together accounting for X% of total imports. Japan, the United Arab Emirates, Thailand, the Czech Republic, the UK, South Korea, Poland, Italy, Canada and Switzerland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average shaft coupling import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($X per ton) and Japan ($X per ton), while the price for Italy ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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