Pakistan - Mattocks, Picks, Hoes and Rakes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPakistan: Mattocks And Rakes Market 2024
Mattocks And Rakes Market Size in Pakistan
The Pakistani mattocks and rakes market fell to $X in 2022, which is down by -4.9% against the previous year. In general, consumption, however, enjoyed a resilient expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.
Mattocks And Rakes Production in Pakistan
In value terms, mattocks and rakes production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 172% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.
Mattocks And Rakes Exports
Exports from Pakistan
In 2022, mattocks and rakes exports from Pakistan soared to X tons, jumping by 34% against 2021 figures. Over the period under review, exports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2020 with an increase of 475%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, mattocks and rakes exports surged to $X in 2022. Overall, exports saw a slight expansion. The pace of growth appeared the most rapid in 2016 with an increase of 634% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Exports by Country
The United States (X tons) was the main destination for mattocks and rakes exports from Pakistan, with a 58% share of total exports. Moreover, mattocks and rakes exports to the United States exceeded the volume sent to the second major destination, the UK (X kg), sixfold. Botswana (X kg) ranked third in terms of total exports with a 9.8% share.
From 2012 to 2022, the average annual growth rate of volume to the United States totaled +9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+0.4% per year) and Botswana (+6.0% per year).
In value terms, the largest markets for mattocks and rakes exported from Pakistan were the United States ($X), the UK ($X) and Azerbaijan ($X), with a combined 68% share of total exports. Ireland, Botswana, Canada, Thailand and Oman lagged somewhat behind, together accounting for a further 15%.
Canada, with a CAGR of +18.1%, saw the highest rates of growth with regard to 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
In 2022, the average mattocks and rakes export price amounted to $X per ton, with an increase of 97% against the previous year. In general, the export price showed moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while the average price for exports to Oman ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.
Mattocks And Rakes Imports
Imports into Pakistan
In 2022, after three years of decline, there was significant growth in purchases abroad of mattocks, picks, hoes and rakes, when their volume increased by 359% to X tons. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 955%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, mattocks and rakes imports soared to $X in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2015 with an increase of 361% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Imports by Country
The United Arab Emirates (X tons) and China (X tons) were the main suppliers of mattocks and rakes imports to Pakistan.
From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +70.7%).
In value terms, the United Arab Emirates ($X) constituted the largest supplier of mattocks, picks, hoes and rakes to Pakistan, comprising 82% of total imports. The second position in the ranking was taken by China ($X), with a 17% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +102.5%.
Import Prices by Country
The average mattocks and rakes import price stood at $X per ton in 2022, which is down by -31.8% against the previous year. Over the period under review, the import price saw a slight decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 122%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+18.6%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the mattocks and rakes 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 25731030 - Mattocks, picks, hoes and rakes
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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