Pakistan: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Pakistan

In 2021, the Pakistani motor vehicle engine market increased by 20% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Motor Vehicle Engine Exports

Exports from Pakistan

In 2021, approx. X tons of motor vehicle engines (spark-ignition) were exported from Pakistan; rising by 375% on 2020 figures. Overall, exports posted a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motor vehicle engine exports soared to $X in 2021. In general, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Saudi Arabia (X tons) was the main destination for motor vehicle engine exports from Pakistan, accounting for a 76% share of total exports. Moreover, motor vehicle engine exports to Saudi Arabia exceeded the volume sent to the second major destination, the UK (X kg), more than tenfold. Japan (X kg) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual growth rate of volume to Saudi Arabia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-15.0% per year) and Japan (-2.2% per year).

In value terms, the largest markets for motor vehicle engine exported from Pakistan were Thailand ($X), Nigeria ($X) and Saudi Arabia ($X), together accounting for 35% of total exports.

Thailand, with a CAGR of +22.0%, recorded the highest growth rate of 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 2021, the average motor vehicle engine export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price, however, showed a slight setback. The pace of growth was the most pronounced in 2015 an increase of 63% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Thailand ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+53.0%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Vehicle Engine Imports

Imports into Pakistan

In 2021, overseas purchases of motor vehicle engines (spark-ignition) increased by 16% to X tons, rising for the second year in a row after two years of decline. Overall, imports recorded buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 52% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, motor vehicle engine imports skyrocketed to $X in 2021. In general, imports enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X tons) constituted the largest motor vehicle engine supplier to Pakistan, with a 78% share of total imports. Moreover, motor vehicle engine imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), more than tenfold. The third position in this ranking was taken by Japan (X tons), with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+48.7% per year) and Japan (+5.9% per year).

In value terms, China ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Pakistan, comprising 62% of total imports. The second position in the ranking was held by Japan ($X), with an 11% share of total imports. It was followed by Indonesia, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+10.2% per year) and Indonesia (+53.6% per year).

Import Prices by Country

In 2021, the average motor vehicle engine import price amounted to $X per ton, rising by 4.6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 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 Japan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :