Pakistan: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Pakistan

The Pakistani inflator system airbag market was estimated at $X in 2022, picking up by 5.2% against the previous year. Over the period under review, consumption recorded a prominent expansion. Inflator system airbag consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Inflator System Airbag Production in Pakistan

In value terms, inflator system airbag production rose sharply to $X in 2022 estimated in export price. In general, production posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 39%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Inflator System Airbag Exports

Exports from Pakistan

In 2022, approx. X kg of airbags with inflator system and parts thereof were exported from Pakistan; waning by -43.7% on the year before. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2021 with an increase of 916% against the previous year. As a result, the exports attained the peak of X kg, and then fell markedly in the following year.

In value terms, inflator system airbag exports declined rapidly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 1,697% against the previous year. As a result, the exports attained the peak of $X, and then fell dramatically in the following year.

Exports by Country

The UK (X kg) was the main destination for inflator system airbag exports from Pakistan, with a 76% share of total exports. Moreover, inflator system airbag exports to the UK exceeded the volume sent to the second major destination, Germany (X kg), sevenfold.

From 2013 to 2022, the average annual growth rate of volume to the UK totaled +376.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-76.9% per year) and Switzerland (+7.1% per year).

In value terms, the UK ($X), Switzerland ($X) and Germany ($X) constituted the largest markets for inflator system airbag exported from Pakistan worldwide, with a combined 99% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +245.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average inflator system airbag export price amounted to $X per ton, dropping by -6.2% against the previous year. In general, the export price, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 90%. The export price peaked at $X per ton in 2021, and then declined in the following year.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+79.4%), while the prices for the other major destinations experienced mixed trend patterns.

Inflator System Airbag Imports

Imports into Pakistan

In 2022, purchases abroad of airbags with inflator system and parts thereof increased by 22% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 471% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, inflator system airbag imports soared to $X in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 596% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

China (X tons), Malaysia (X tons) and the Philippines (X kg) were the main suppliers of inflator system airbag imports to Pakistan, with a combined 75% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +71.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Malaysia ($X), China ($X) and France ($X) were the largest inflator system airbag suppliers to Pakistan, with a combined 78% share of total imports.

Among the main suppliers, Malaysia, with a CAGR of +87.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average inflator system airbag import price amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 42% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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