Pakistan: Ironing Machine Market 2022

Ironing Machine Market Size in Pakistan

The Pakistani ironing machine market was finally on the rise to reach $X in 2021, after three years of decline. Over the period under review, consumption showed a resilient expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Ironing Machine Exports

Exports from Pakistan

Ironing machine exports from Pakistan fell significantly to X units in 2021, dropping by -X% against the year before. In general, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, ironing machine exports shrank remarkably to $X in 2021. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2019 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Jordan (X units) was the main destination for ironing machine exports from Pakistan, accounting for a X% share of total exports. Moreover, ironing machine exports to Jordan exceeded the volume sent to the second major destination, South Africa (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Jordan amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Sri Lanka (-X% per year).

In value terms, Jordan ($X) remains the key foreign market for ironing machine exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Jordan totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (-X% per year) and Sri Lanka (-X% per year).

Export Prices by Country

The average ironing machine export price stood at $X per unit in 2021, growing by X% against the previous year. In general, the export price saw a perceptible expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was South Africa ($X per unit), while the average price for exports to Jordan ($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 South Africa (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Ironing Machine Imports

Imports into Pakistan

After three years of decline, purchases abroad of ironing machines and presses increased by X% to X units in 2021. In general, imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ironing machine imports soared to $X in 2021. Over the period under review, imports posted prominent growth. The growth pace was the most rapid in 2013 when imports increased by X%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest ironing machine supplier to Pakistan, with a X% share of total imports. Moreover, ironing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of ironing machine to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%.

Import Prices by Country

In 2021, the average ironing machine import price amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%).

Source: IndexBox Platform

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