Pakistan: Hedge Shear Market 2025

Hedge Shear Market Size in Pakistan

The Pakistani hedge shear market reduced dramatically to $X in 2021, waning by -15% against the previous year. Over the period under review, consumption, however, saw a resilient expansion. As a result, consumption attained the peak level of $X, and then reduced dramatically in the following year.

Hedge Shear Production in Pakistan

In value terms, hedge shear production dropped rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. As a result, production reached the peak level of $X, and then reduced rapidly in the following year.

Hedge Shear Exports

Exports from Pakistan

In 2021, approx. X tons of hedge shears and two-handed pruning shears were exported from Pakistan; shrinking by -62.2% compared with the previous year. In general, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by 1,002%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, hedge shear exports fell notably to $X in 2021. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 593%. The exports peaked at $X in 2020, and then fell dramatically in the following year.

Exports by Country

The United States (X kg) was the main destination for hedge shear exports from Pakistan, accounting for a 61% share of total exports. Moreover, hedge shear exports to the United States exceeded the volume sent to the second major destination, Kenya (X kg), fourfold. New Zealand (X kg) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kenya (+33.4% per year) and New Zealand (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for hedge shears and two-handed pruning shears exports from Pakistan, comprising 66% of total exports. The second position in the ranking was held by New Zealand ($X), with a 12% share of total exports. It was followed by Kenya, with a 9.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +39.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (0.0% per year) and Kenya (+33.1% per year).

Export Prices by Country

The average hedge shear export price stood at $X per ton in 2021, declining by -33% against the previous year. Overall, the export price, however, showed strong growth. The pace of growth appeared the most rapid in 2020 an increase of 76%. As a result, the export price reached the peak level of $X per ton, and then contracted significantly in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+19.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hedge Shear Imports

Imports into Pakistan

In 2021, imports of hedge shears and two-handed pruning shears into Pakistan skyrocketed to X tons, increasing by 306% compared with the previous year's figure. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hedge shear imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by 244% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main supplier of hedge shear to Pakistan, accounting for a 96% share of total imports. It was followed by the United States (X kg), with a 3% share of total imports. The UK (X kg) ranked third in terms of total imports with a 0.7% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+4.8% per year) and the UK (-7.8% per year).

In value terms, the largest hedge shear suppliers to Pakistan were China ($X), the United States ($X) and the UK ($X), with a combined 100% share of total imports.

China, with a CAGR of +25.5%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average hedge shear import price stood at $X per ton in 2021, which is down by -43.7% against the previous year. In general, the import price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 45%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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