Pakistan: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Pakistan

The Pakistani market for non-domestic percolators and equipment for cooking or heating food declined rapidly to $X in 2022, which is down by -66.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, enjoyed a resilient increase. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Pakistan

Exports of non-domestic percolators and equipment for cooking or heating food from Pakistan surged to X units in 2022, jumping by 80% compared with 2021 figures. Overall, exports continue to indicate mild growth. The pace of growth was the most pronounced in 2013 with an increase of 354%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food soared to $X in 2022. In general, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 with an increase of 921% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for exports of non-domestic percolators and equipment for cooking or heating food from Pakistan, accounting for a 39% share of total exports. Moreover, exports of non-domestic percolators and equipment for cooking or heating food to the UK exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was held by South Africa (X units), with a 9.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+17.5% per year) and South Africa (+17.5% per year).

In value terms, the UK ($X), Bangladesh ($X) and South Africa ($X) were the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Pakistan worldwide, together accounting for 53% of total exports. The United States, Chile, Turkey, the Netherlands, the United Arab Emirates, Australia, Canada, Sri Lanka, Kenya and Bahrain lagged somewhat behind, together comprising a further 38%.

Among the main countries of destination, Chile, with a CAGR of +98.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, reducing by -18.1% against the previous year. Overall, the export price, however, showed a buoyant expansion. The growth pace was the most rapid in 2015 an increase of 438% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per unit), while the average price for exports to Bahrain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+98.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Pakistan

In 2022, imports of non-domestic percolators and equipment for cooking or heating food into Pakistan dropped sharply to X units, reducing by -53.9% compared with the previous year. In general, imports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2021 with an increase of 494% against the previous year. As a result, imports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food plummeted to $X in 2022. Overall, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 when imports increased by 573%. As a result, imports reached the peak of $X, and then reduced notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest non-domestic percolators and equipment for cooking or heating food supplier to Pakistan, with a 59% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Sweden (X units) ranked third in terms of total imports with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +78.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+24.5% per year) and Sweden (+16.4% per year).

In value terms, the United States ($X), China ($X) and Sweden ($X) appeared to be the largest non-domestic percolators and equipment for cooking or heating food suppliers to Pakistan, together comprising 65% of total imports.

In terms of the main suppliers, China, with a CAGR of +65.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, declining by -39.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 38% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform