Pakistan: Electrical Signalling Apparatus Market 2024

Electrical Signalling Apparatus Market Size in Pakistan

The Pakistani electrical signalling apparatus market dropped modestly to $X in 2022, falling by X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. Electrical signalling apparatus consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Electrical Signalling Apparatus Production in Pakistan

In value terms, electrical signalling apparatus production contracted modestly to $X in 2022 estimated in export price. Over the period under review, production showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Electrical Signalling Apparatus Exports

Exports from Pakistan

In 2022, overseas shipments of electrical apparatus for sound or visual signalling increased by X% to X units, rising for the fourth year in a row after two years of decline. In general, exports enjoyed mild growth. The most prominent rate of growth was recorded in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, electrical signalling apparatus exports surged to $X in 2022. Overall, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Saudi Arabia (X units) was the main destination for electrical signalling apparatus exports from Pakistan, with a X% share of total exports. Moreover, electrical signalling apparatus exports to Saudi Arabia exceeded the volume sent to the second major destination, the United Arab Emirates (X units), fourfold. The third position in this ranking was held by Iraq (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Saudi Arabia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Iraq (X% per year).

In value terms, Saudi Arabia ($X), Iraq ($X) and the United Arab Emirates ($X) were the largest markets for electrical signalling apparatus exported from Pakistan worldwide, with a combined X% share of total exports.

Iraq, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average electrical signalling apparatus export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iraq ($X per unit), while the average price for exports to Saudi Arabia ($X 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 Jordan (X%), while the prices for the other major destinations experienced a decline.

Electrical Signalling Apparatus Imports

Imports into Pakistan

After two years of growth, supplies from abroad of electrical apparatus for sound or visual signalling decreased by X% to X units in 2022. In general, imports, however, enjoyed a measured expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at X units in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, electrical signalling apparatus imports fell significantly to $X in 2022. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest electrical signalling apparatus supplier to Pakistan, accounting for a X% share of total imports. Moreover, electrical signalling apparatus imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), more than tenfold. Singapore (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Singapore (X% per year).

In value terms, China ($X) constituted the largest supplier of electrical apparatus for sound or visual signalling to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

The average electrical signalling apparatus import price stood at $X per unit in 2022, remaining constant against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. The import price peaked at $X per unit in 2017; however, from 2018 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 ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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