Pakistan: Lawn Mower Market 2024

Lawn Mower Market Size in Pakistan

The Pakistani lawn mower market totaled $X in 2022, stabilizing at the previous year. Over the period under review, the total consumption indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.1% against 2018 indices. As a result, consumption attained the peak level of $X; afterwards, it flattened through to 2022.

Lawn Mower Production in Pakistan

In value terms, lawn mower production rose slightly to $X in 2022 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.1% against 2018 indices. The pace of growth appeared the most rapid in 2018 with an increase of 37% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Lawn Mower Exports

Exports from Pakistan

In 2022, shipments abroad of mowers for lawns, parks, golf courses or sports grounds increased by 99% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, exports saw resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, lawn mower exports reached $X in 2022. Over the period under review, exports continue to indicate modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by 262%. 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

Oman (X units) was the main destination for lawn mower exports from Pakistan, with a 93% share of total exports. Moreover, lawn mower exports to Oman exceeded the volume sent to the second major destination, Afghanistan (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Oman amounted to +6.7%.

In value terms, the largest markets for lawn mower exported from Pakistan were Oman ($X) and Afghanistan ($X).

In terms of the main countries of destination, Afghanistan, with a CAGR of +15.9%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average lawn mower export price stood at $X per unit in 2022, with a decrease of -49.5% against the previous year. Overall, the export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 104% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Afghanistan ($X per unit), while the average price for exports to Oman totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+55.4%), while the prices for the other major destinations experienced a decline.

Lawn Mower Imports

Imports into Pakistan

In 2022, lawn mower imports into Pakistan soared to X units, growing by 73% against the previous year's figure. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,404%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, lawn mower imports totaled $X in 2022. Over the period under review, imports saw strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 1,331% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

The United States (X units), China (X units) and the UK (X units) were the main suppliers of lawn mower imports to Pakistan, together comprising 100% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +53.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of mowers for lawns, parks, golf courses or sports grounds to Pakistan, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 30% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States amounted to +17.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+22.4% per year) and the UK (+82.8% per year).

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, declining by -35.4% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2014 when the average import price increased by 14% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 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 the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform