Pakistan: Travel Set Market 2024

Travel Set Market Size in Pakistan

The Pakistani travel set market surged to $X in 2022, picking up by X% against the previous year. Overall, consumption saw a strong increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Travel Set Production in Pakistan

In value terms, travel set production surged to $X in 2022 estimated in export price. Over the period under review, production posted a resilient increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Travel Set Exports

Exports from Pakistan

For the third consecutive year, Pakistan recorded growth in shipments abroad of travel sets, which increased by X% to X units in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, travel set exports surged to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units), the UK (X units) and the United States (X units) were the main destinations of travel set exports from Pakistan.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X.0%), while the other leaders experienced mixed trend patterns.

In value terms, Saudi Arabia ($X) emerged as the key foreign market for travel sets exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value to Saudi Arabia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X.0% per year) and the United States (X% per year).

Export Prices by Country

The average travel set export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit, and then reduced sharply in the following year.

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 Saudi Arabia ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.

Travel Set Imports

Imports into Pakistan

In 2022, the amount of travel sets imported into Pakistan shrank sharply to X units, falling by X% on 2021 figures. Overall, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. 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, travel set imports reduced sharply to $X in 2022. Over the period under review, imports showed a deep contraction. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of travel set to Pakistan, with a X% share of total imports. It was followed by the United Arab Emirates (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. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and France (X% per year).

In value terms, China ($X) constituted the largest supplier of travel sets to Pakistan, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports.

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

Import Prices by Country

The average travel set import price stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price recorded a noticeable downturn. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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