Pakistan: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Pakistan

The Pakistani filling containers machinery market reached $X in 2021, growing by 11% against the previous year. Overall, consumption posted a strong increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Filling Containers Machinery Production in Pakistan

In value terms, filling containers machinery production totaled $X in 2021 estimated in export price. Over the period under review, production posted a resilient increase. The pace of growth was the most pronounced in 2017 with an increase of 42% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Filling Containers Machinery Exports

Exports from Pakistan

In 2021, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported from Pakistan skyrocketed to X units, picking up by 288% against the previous year's figure. Overall, exports recorded strong growth. The most prominent rate of growth was recorded in 2019 when exports increased by 616% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, filling containers machinery exports soared to $X in 2021. Over the period under review, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 684% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X units), China (X units) and Singapore (X units) were the main destinations of filling containers machinery exports from Pakistan, with a combined 93% share of total exports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +217.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for machinery for filling, closing, sealing, capsuling or labelling containers exports from Pakistan, comprising 40% of total exports. The second position in the ranking was held by Singapore ($X), with a 20% share of total exports. It was followed by Malaysia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +137.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+33.2% per year) and Malaysia (+61.9% per year).

Export Prices by Country

In 2021, the average filling containers machinery export price amounted to $X per unit, picking up by 36% against the previous year. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in 2015 an increase of 268% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was China ($X per unit), while the average price for exports to Malaysia ($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 Egypt (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.

Filling Containers Machinery Imports

Imports into Pakistan

After two years of decline, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers increased by 215% to X units in 2021. Overall, imports posted buoyant growth. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, filling containers machinery imports surged to $X in 2021. In general, imports, however, saw a mild contraction. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of filling containers machinery to Pakistan, with a 64% share of total imports. Moreover, filling containers machinery imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.3% per year) and Australia (+90.5% per year).

In value terms, China ($X), Germany ($X) and South Korea ($X) constituted the largest filling containers machinery suppliers to Pakistan, with a combined 67% share of total imports. Italy, France, the United Arab Emirates and Australia lagged somewhat behind, together comprising a further 12%.

Australia, with a CAGR of +73.4%, recorded 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 filling containers machinery import price stood at $X per unit in 2021, declining by -41.9% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 152%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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