Report Update Nov 1, 2024

Pakistan - Static Converters - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Static Converter Market 2024

Static Converter Market Size in Pakistan

In 2021, the Pakistani static converter market increased by 35% to $X, rising for the second consecutive year after two years of decline. In general, consumption continues to indicate a strong expansion. Static converter consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Static Converter Exports

Exports from Pakistan

In 2021, the amount of static converters exported from Pakistan surged to X units, increasing by 2,901% compared with the previous year's figure. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, static converter exports soared to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2013 with an increase of 883% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for static converter exports from Pakistan, with a 5.3% share of total exports. Moreover, static converter exports to Germany exceeded the volume sent to the second major destination, China (X units), fivefold. Bangladesh (X units) ranked third in terms of total exports with a 0.8% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +117.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+59.2% per year) and Bangladesh (+29.1% per year).

In value terms, Germany ($X) emerged as the key foreign market for static converters exports from Pakistan, comprising 60% of total exports. The second position in the ranking was taken by France ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 7.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany totaled +94.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.1% per year) and the Netherlands (+67.5% per year).

Export Prices by Country

The average static converter export price stood at $X per unit in 2021, waning by -82.6% against the previous year. In general, the export price continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 361%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then declined dramatically in the following year.

Prices varied noticeably country of destination: the country with the highest price was France ($X per unit), while the average price for exports to Bangladesh ($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 France (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Static Converter Imports

Imports into Pakistan

In 2021, supplies from abroad of static converters increased by 41% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 109%. Imports peaked at X units in 2017; afterwards, it flattened through to 2021.

In value terms, static converter imports surged to $X in 2021. Overall, imports enjoyed buoyant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 65% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

Sweden (X units), China (X units) and South Korea (X units) were the main suppliers of static converter imports to Pakistan.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +47.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of static converters to Pakistan, comprising 80% of total imports. The second position in the ranking was taken by Sweden ($X), with a 7.1% share of total imports. It was followed by South Korea, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+47.9% per year) and South Korea (+12.0% per year).

Import Prices by Country

In 2021, the average static converter import price amounted to $X per unit, rising by 16% against the previous year. In general, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, static converter import price increased by +39.5% against 2015 indices. The growth pace was the most rapid in 2015 an increase of 51%. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for static converters in the world?

The countries with the highest volumes of static converter consumption in 2020 were China, the United States and the Netherlands, with a combined 33% share of global consumption. Hong Kong SAR, Italy, Japan, India, Germany, Indonesia, South Korea, Mexico, Vietnam and the UK lagged somewhat behind, together accounting for a further 35%.

What are the largest producers of static converters in the world?

The country with the largest volume of static converter production was China, comprising approx. 60% of total volume. Moreover, static converter production in China exceeded the figures recorded by the second-largest producer, the United States, ninefold. Italy ranked third in terms of total production with a 3.5% share.

What are the leading suppliers of static converters to Pakistan?

In value terms, China constituted the largest supplier of static converter to Pakistan.

What are the leading importers of static converters from Pakistan?

In value terms, France, the Netherlands and Bahrain constituted the largest markets for static converter exported from Pakistan worldwide, with a combined 68% share of total exports. Vietnam, Hong Kong SAR, Thailand, the UK, Singapore and Afghanistan lagged somewhat behind, together comprising a further 17%.

What is the average export price for static converters in Pakistan?

The average static converter export price stood at $55 per unit in 2020, with an increase of 13% against the previous year.

What is the average import price for static converters in Pakistan?

The average static converter import price stood at $4 per unit in 2020, falling by -2.7% against the previous year.

This report provides an in-depth analysis of the static converter 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 27115023 -
Prodcom 27115030 - Rectifiers (excluding of a kind used with telecommunication apparatus, automatic data-processing machines and units thereof)
Prodcom 27115033 - Accumulator chargers
Prodcom 27115035 -
Prodcom 27115040 - Power supply units for telecommunication apparatus, a utomatic data-processing machines and units thereof
Prodcom 27115053 - Inverters having a power handling capacity . 7,5 kVA
Prodcom 27115055 - Inverters having a power handling capacity > 7,5 kVA
Prodcom 27115070 - Static converters (excluding polycrystalline semiconductors, c onverters specially designed for welding, without welding equipment, accumulator chargers, rectifiers, inverters)
Prodcom 27904130 -
Prodcom 27904140 -
Prodcom 27904153 -
Prodcom 27904155 -
Prodcom 27904170 -
Prodcom 27904190 -

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023