Pakistan: Market for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases 2024

Market Size for Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases in Pakistan

The Pakistani market for non-electronic instruments for measuring or checking variables of liquids or gases contracted notably to $X in 2022, with a decrease of 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). Overall, consumption continues to indicate a pronounced slump. Non-electronic liquid or gas measurer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Exports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Exports from Pakistan

In 2022, overseas shipments of non-electronic instruments for measuring or checking variables of liquids or gases were finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. Overall, exports showed a moderate increase. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, non-electronic liquid or gas measurer exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for non-electronic liquid or gas measurer exports from Pakistan, accounting for a X% share of total exports. Moreover, non-electronic liquid or gas measurer exports to the United Arab Emirates exceeded the volume sent to the second major destination, China (X units), more than tenfold.

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: China (X% per year) and the United States (X% per year).

In value terms, China ($X) emerged as the key foreign market for non-electronic instruments for measuring or checking variables of liquids or gases exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a X% share of total exports.

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

Export Prices by Country

The average export price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per unit), while the average price for exports to the United Arab Emirates ($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 China (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Non-Electronic Instruments For Measuring Or Checking Variables Of Liquids Or Gases

Imports into Pakistan

In 2022, the amount of non-electronic instruments for measuring or checking variables of liquids or gases imported into Pakistan shrank notably to X units, dropping by X% against the previous year. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 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, non-electronic liquid or gas measurer imports declined remarkably to $X in 2022. Overall, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2013 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 units), the United States (X units) and Singapore (X units) were the main suppliers of non-electronic liquid or gas measurer imports to Pakistan, together accounting for X% of total imports. Germany, Italy, Japan, France, the United Arab Emirates, Mexico, Switzerland, the UK, Turkey and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electronic liquid or gas measurer suppliers to Pakistan were the United States ($X), China ($X) and Singapore ($X), with a combined X% share of total imports. Germany, Italy, Japan, France, Mexico, Switzerland, the UK, the United Arab Emirates, Canada and Turkey lagged somewhat behind, together accounting for a further X%.

Mexico, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price for non-electronic instruments for measuring or checking variables of liquids or gases stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a 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 ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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