Pakistan: Rock Cutter Market 2025

Rock Cutter Market Size in Pakistan

The Pakistani rock cutter market fell to $X in 2022, shrinking by -11.9% against the previous year. Overall, consumption continues to indicate a precipitous shrinkage. Rock cutter consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Rock Cutter Production in Pakistan

In value terms, rock cutter production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the production volume increased by 9.3%. Rock cutter production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Rock Cutter Exports

Exports from Pakistan

In 2022, approx. X units of coal or rock cutters and tunnelling machinery were exported from Pakistan; almost unchanged from the previous year. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by 100%. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, rock cutter exports skyrocketed to $X in 2022. Overall, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 686%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X units), Saudi Arabia (X units) and the United Arab Emirates (X units) were the main destinations of rock cutter exports from Pakistan.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United Arab Emirates (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X) remains the key foreign market for coal or rock cutters and tunnelling machinery exports from Pakistan, comprising 85% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (+10.8% per year) and Saudi Arabia (+7.8% per year).

Export Prices by Country

In 2022, the average rock cutter export price amounted to $X per unit, picking up by 32% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 529% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 the United Arab Emirates ($X per unit), while the average price for exports to Saudi Arabia ($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 the United Arab Emirates (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.

Rock Cutter Imports

Imports into Pakistan

Rock cutter imports into Pakistan contracted to X units in 2022, falling by -13.3% against 2021 figures. In general, imports showed a dramatic decrease. The pace of growth was the most pronounced in 2015 with an increase of 193% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, rock cutter imports skyrocketed to $X in 2022. Over the period under review, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2015 when imports increased by 1,730% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), Japan (X units) and China (X units) were the main suppliers of rock cutter imports to Pakistan, together comprising 23% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of 0.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Italy ($X) and the Netherlands ($X) appeared to be the largest rock cutter suppliers to Pakistan, with a combined 85% share of total imports.

Japan, with a CAGR of +1.9%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average rock cutter import price amounted to $X per unit, increasing by 113% against the previous year. In general, the import price, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2015 an increase of 524% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2018; however, from 2019 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 Japan ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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