Pakistan: Resistor Market 2024

Resistor Market Size in Pakistan

The Pakistani resistor market shrank remarkably to $X in 2022, with a decrease of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a slight setback. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Resistor Exports

Exports from Pakistan

In 2022, the amount of electrical resistors (except heating resistors) exported from Pakistan surged to X units, increasing by X% against 2021 figures. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, resistor exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Italy (X units) and Germany (X units) were the main destinations of resistor exports from Pakistan, with a combined X% share of total exports. Japan, Switzerland, the UK and Brazil lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X) remains the key foreign market for electrical resistors (except heating resistors) exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Switzerland (X% per year).

Export Prices by Country

In 2022, the average resistor export price amounted to $X per unit, jumping by X% against the previous year. Overall, the export price continues to indicate measured growth. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Brazil (less than $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 States (X%), while the prices for the other major destinations experienced a decline.

Resistor Imports

Imports into Pakistan

In 2022, approx. X units of electrical resistors (except heating resistors) were imported into Pakistan; shrinking by X% against the previous year. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then declined notably in the following year.

In value terms, resistor imports contracted sharply to $X in 2022. Overall, imports, however, saw mild growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest resistor supplier to Pakistan, accounting for a X% share of total imports. Moreover, resistor imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Thailand (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of electrical resistors (except heating resistors) to Pakistan, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average resistor import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price, however, showed a tangible expansion. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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