Pakistan: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Pakistan

The Pakistani respiration apparatus market contracted to $X in 2021, falling by -14.8% 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). Over the period under review, consumption posted a significant expansion. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Respiration Apparatus Exports

Exports from Pakistan

In 2021, approx. X tons of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus were exported from Pakistan; picking up by 3,076% on 2020. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, respiration apparatus exports surged to $X in 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons) was the main destination for respiration apparatus exports from Pakistan, accounting for a 36% share of total exports. Moreover, respiration apparatus exports to France exceeded the volume sent to the second major destination, the United States (X kg), twofold. The UK (X kg) ranked third in terms of total exports with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume to France amounted to +65.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+47.9% per year) and the UK (+7.3% per year).

In value terms, the United States ($X) remains the key foreign market for respiration apparatus exports from Pakistan, comprising 80% of total exports. The second position in the ranking was held by Sri Lanka ($X), with a 5.1% share of total exports. It was followed by the UK, with a 4.2% share.

From 2012 to 2021, the average annual growth rate of value to the United States totaled +69.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+60.4% per year) and the UK (-2.6% per year).

Export Prices by Country

The average respiration apparatus export price stood at $X per ton in 2021, shrinking by -15.3% against the previous year. Over the period under review, export price indicated a strong increase from 2012 to 2021: its price increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, respiration apparatus export price increased by +91.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average export price increased by 126%. As a result, the export price attained the peak level of $X per ton, and then plummeted in the following year.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Senegal ($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 the United States (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into Pakistan

In 2021, supplies from abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus increased by 13% to X tons, rising for the second year in a row after two years of decline. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 166% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, respiration apparatus imports declined remarkably to $X in 2021. Overall, imports showed a prominent expansion. The pace of growth was the most pronounced in 2020 when imports increased by 153%. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of respiration apparatus to Pakistan, with a 74% share of total imports. Moreover, respiration apparatus imports from China exceeded the figures recorded by the second-largest supplier, Canada (X tons), eightfold. The third position in this ranking was taken by the United States (X tons), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +43.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+95.4% per year) and the United States (+9.4% per year).

In value terms, China ($X) constituted the largest supplier of respiration apparatus to Pakistan, comprising 40% of total imports. The second position in the ranking was held by Canada ($X), with an 11% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+81.6% per year) and Italy (+5.8% per year).

Import Prices by Country

The average respiration apparatus import price stood at $X per ton in 2021, falling by -40% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 19% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Switzerland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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