Pakistan - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights
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Metal Broaching Machine Market Size in Pakistan
In 2021, after three years of growth, there was significant decline in the Pakistani metal broaching machine market, when its value decreased by -36.5% to $X. Overall, consumption, however, enjoyed a buoyant increase. Metal broaching machine consumption peaked at $X in 2020, and then shrank rapidly in the following year.
Metal Broaching Machine Exports
Exports from Pakistan
In 2021, metal broaching machine exports from Pakistan amounted to X units, remaining relatively unchanged against the year before. Over the period under review, exports saw a relatively flat trend pattern. The exports peaked in 2021 and are likely to see steady growth in the near future.
In value terms, metal broaching machine exports stood at $X in 2021. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.
Exports by Country
The United Arab Emirates (X units) was the main destination for metal broaching machine exports from Pakistan, accounting for a approx. 100% share of total exports.
From 2014 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.
From 2014 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.
Metal Broaching Machine Imports
Imports into Pakistan
In 2021, after three years of growth, there was significant decline in supplies from abroad of broaching machines for working metal, when their volume decreased by -28.8% to X units. Overall, imports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by 3,533% against the previous year. Imports peaked at X units in 2020, and then dropped remarkably in the following year.
In value terms, metal broaching machine imports contracted markedly to $X in 2021. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2016 when imports increased by 4,965% against the previous year. Over the period under review, imports reached the peak figure at $X in 2020, and then fell rapidly in the following year.
Imports by Country
In 2021, the United States (X units) constituted the largest metal broaching machine supplier to Pakistan, accounting for a 78% share of total imports. Moreover, metal broaching machine imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was held by the UK (X units), with a 3.2% share.
From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +70.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+37.9% per year) and the UK (-5.1% per year).
In value terms, the United States ($X) constituted the largest supplier of broaching machines for working metal to Pakistan, comprising 82% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 6.7% share of total imports. It was followed by China, with a 4.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +75.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+10.4% per year) and China (+23.9% per year).
Import Prices by Country
The average metal broaching machine import price stood at $X per unit in 2021, reducing by -15.4% against the previous year. In general, import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 an increase of 64% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.0%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the metal broaching machine market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28412410 - Broaching machines for working metal
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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