Pakistan: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Pakistan

The Pakistani fruit-preparation industrial machinery market soared to $X in 2021, with an increase of 68% 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 enjoyed significant growth. Fruit-preparation industrial machinery consumption peaked in 2021 and is expected to retain growth in the near future.

Fruit-Preparation Industrial Machinery Exports

Exports from Pakistan

In 2021, shipments abroad of industrial machinery for the preparation of fruits, nuts or vegetables decreased by 0% to X units, falling for the fourth year in a row after two years of growth. In general, exports saw mild growth. The most prominent rate of growth was recorded in 2017 when exports increased by 3,200% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fruit-preparation industrial machinery exports surged to $X in 2021. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 147,336% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ethiopia (X units) was the main destination for fruit-preparation industrial machinery exports from Pakistan, with a 50% share of total exports. Moreover, fruit-preparation industrial machinery exports to Ethiopia exceeded the volume sent to the second major destination, Oman (X units), fivefold. South Africa (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Ethiopia amounted to +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and South Africa (-15.9% per year).

In value terms, Ethiopia ($X), Bangladesh ($X) and Mozambique ($X) appeared to be the largest markets for fruit-preparation industrial machinery exported from Pakistan worldwide, together comprising 87% of total exports. South Africa, Oman and the United Arab Emirates lagged somewhat behind, together accounting for a further 2.1%.

South Africa, with a CAGR of +29.6%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fruit-preparation industrial machinery export price stood at $X per unit in 2021, increasing by 36% against the previous year. In general, the export price, however, recorded a abrupt setback. The growth pace was the most rapid in 2017 an increase of 4,652%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (-0.2%), while the prices for the other major destinations experienced a decline.

Fruit-Preparation Industrial Machinery Imports

Imports into Pakistan

In 2021, fruit-preparation industrial machinery imports into Pakistan soared to X units, picking up by 100% compared with 2020 figures. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 757%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, fruit-preparation industrial machinery imports surged to $X in 2021. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 2,322% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X units) constituted the largest fruit-preparation industrial machinery supplier to Pakistan, with a 67% share of total imports. Moreover, fruit-preparation industrial machinery imports from China exceeded the figures recorded by the second-largest supplier, Spain (X units), fourfold. The third position in this ranking was held by Australia (X units), with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +72.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+96.5% per year) and Australia (+39.8% per year).

In value terms, the largest fruit-preparation industrial machinery suppliers to Pakistan were China ($X), Spain ($X) and Australia ($X), together comprising 60% of total imports.

Spain, with a CAGR of +211.6%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fruit-preparation industrial machinery import price amounted to $X per unit, waning by -40.8% against the previous year. Overall, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in 2020 when the average import price increased by 181%. As a result, import price attained the peak level of $X per unit, and then declined markedly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+46.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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