Report Update Jan 1, 2025

Pakistan - Lifting Equipment Designed for Mounting on Road Vehicles - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Mounting Lifting Equipment Market 2025

Mounting Lifting Equipment Market Size in Pakistan

In 2021, after six years of growth, there was significant decline in the Pakistani mounting lifting equipment market, when its value decreased by -8.2% to $X. Over the period under review, consumption, however, posted a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank in the following year.

Mounting Lifting Equipment Production in Pakistan

In value terms, mounting lifting equipment production declined to $X in 2021 estimated in export price. In general, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 53% against the previous year. Mounting lifting equipment production peaked at $X in 2020, and then contracted in the following year.

Mounting Lifting Equipment Exports

Exports from Pakistan

In 2016, approx. X units of lifting equipment designed for mounting on road vehicles were exported from Pakistan; remaining relatively unchanged against the year before. Over the period under review, exports saw a resilient expansion. The smallest decline of 99.9% was in 2013. Over the period under review, the exports attained the peak figure in 2016 and are expected to retain growth in years to come.

In value terms, mounting lifting equipment exports totaled $X in 2016. In general, exports posted significant growth. The smallest decline of 99.9% was in 2013. Over the period under review, the exports reached the maximum in 2016 and are expected to retain growth in years to come.

Exports by Country

Oman (X units) was the main destination for mounting lifting equipment exports from Pakistan, accounting for a approx. 100% share of total exports.

From 2012 to 2016, the average annual growth rate of volume to Oman was relatively modest.

From 2012 to 2016, the average annual growth rate of value to Oman was relatively modest.

Export Prices by Country

The average mounting lifting equipment export price stood at $X per unit in 2016, approximately equating the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2016 and is likely to see gradual growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Oman.

From 2012 to 2016, the rate of growth in terms of prices for Oman amounted to 0.0% per year.

Mounting Lifting Equipment Imports

Imports into Pakistan

In 2021, the amount of lifting equipment designed for mounting on road vehicles imported into Pakistan fell dramatically to X units, shrinking by -31.8% compared with 2020 figures. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 400%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, mounting lifting equipment imports declined notably to $X in 2021. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2015 when imports increased by 258%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of mounting lifting equipment to Pakistan, with a 37% share of total imports. Moreover, mounting lifting equipment imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), sixfold. The third position in this ranking was taken by Australia (X units), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +20.9%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+8.0% per year) and Australia (0.0% per year).

In value terms, China ($X) constituted the largest supplier of lifting equipment designed for mounting on road vehicles to Pakistan, comprising 29% of total imports. The second position in the ranking was held by South Korea ($X), with an 8.1% share of total imports. It was followed by Italy, with a 7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+12.1% per year) and Italy (-17.7% per year).

Import Prices by Country

In 2021, the average mounting lifting equipment import price amounted to $X per unit, surging by 12% against the previous year. Overall, the import price continues to indicate slight growth. The most prominent rate of growth was recorded in 2017 when the average import price increased by 119%. Over the period under review, average import prices reached the maximum at $X per unit 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 Austria ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of mounting lifting equipment consumption in 2020 were Belgium, China and the United States, with a combined 52% share of global consumption.

What are the largest producers of lifting equipment designed for mounting on road vehicles in the world?

The countries with the highest volumes of mounting lifting equipment production in 2020 were Belgium, China and the United States, together accounting for 50% of global production.

What are the leading suppliers of lifting equipment designed for mounting on road vehicles to Pakistan?

In value terms, South Korea constituted the largest supplier of mounting lifting equipment to Pakistan, comprising 97% of total imports. The second position in the ranking was occupied by China, with a 2.2% share of total imports.

What is the average export price for lifting equipment designed for mounting on road vehicles in Pakistan?

In 2016, the average mounting lifting equipment export price amounted to $23,743 per unit, approximately mirroring the previous year.

What is the average import price for lifting equipment designed for mounting on road vehicles in Pakistan?

In 2020, the average mounting lifting equipment import price amounted to $13,781 per unit, surging by 75% against the previous year.

This report provides an in-depth analysis of the mounting lifting equipment market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221460 - Lifting equipment designed for mounting on road vehicles

Country coverage:

Pakistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Pakistan
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024