Pakistan: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in Pakistan

In 2022, the Pakistani optical radiation instruments market increased by 56% to $X, rising for the third consecutive year after two years of decline. Over the period under review, consumption recorded a remarkable increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Optical Radiation Instruments Exports

Exports from Pakistan

After five years of growth, overseas shipments of instruments using optical radiations decreased by -14.9% to X units in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 99%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, optical radiation instruments exports declined to $X in 2022. Overall, exports showed a abrupt descent. The pace of growth appeared the most rapid in 2013 with an increase of 41% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Afghanistan (X units), the Netherlands (X units) and Senegal (X units) were the main destinations of optical radiation instruments exports from Pakistan, together accounting for 66% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +4.1%), while the other leaders experienced a decline.

In value terms, the Netherlands ($X) remains the key foreign market for instruments using optical radiations exports from Pakistan, comprising 57% of total exports. The second position in the ranking was held by Afghanistan ($X), with a 19% share of total exports. It was followed by Singapore, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-6.6% per year) and Singapore (-23.6% per year).

Export Prices by Country

The average optical radiation instruments export price stood at $X per unit in 2022, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 35%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Netherlands ($X per unit), while the average price for exports to France ($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 Netherlands (+2.4%), while the prices for the other major destinations experienced a decline.

Optical Radiation Instruments Imports

Imports into Pakistan

In 2022, overseas purchases of instruments using optical radiations increased by 42% to X units, rising for the second consecutive year after three years of decline. Overall, imports posted a strong expansion. The growth pace was the most rapid in 2017 when imports increased by 74% against the previous year. As a result, imports attained the peak of X units. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, optical radiation instruments imports soared to $X in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 77% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the Netherlands (X units) constituted the largest optical radiation instruments supplier to Pakistan, accounting for a 35% share of total imports. Moreover, optical radiation instruments imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. Switzerland (X units) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands stood at +74.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.0% per year) and Switzerland (+6.5% per year).

In value terms, the largest optical radiation instruments suppliers to Pakistan were the United States ($X), the Netherlands ($X) and Switzerland ($X), together accounting for 59% of total imports.

The Netherlands, with a CAGR of +68.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average optical radiation instruments import price stood at $X per unit in 2022, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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