Pakistan: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Pakistan

The Pakistani market for window or wall air conditioning systems, self-contained or split-systems dropped markedly to $X in 2022, shrinking by -56.9% 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 continues to indicate a mild setback. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Pakistan

In 2022, exports of window or wall air conditioning systems, self-contained or split-systems from Pakistan expanded notably to X units, with an increase of 11% on 2021 figures. Overall, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2013 with an increase of 212% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems reduced to $X in 2022. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of 281%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Afghanistan (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Pakistan, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan stood at -15.1%.

In value terms, Afghanistan ($X) emerged as the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Pakistan.

From 2012 to 2022, the average annual growth rate of value to Afghanistan amounted to -17.5%.

Export Prices by Country

The average export price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, declining by -12.9% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 97% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.2% per year.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Pakistan

In 2022, the amount of window or wall air conditioning systems, self-contained or split-systems imported into Pakistan shrank dramatically to X units, falling by -55.7% on the previous year's figure. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 108%. Over the period under review, imports of attained the maximum at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems contracted notably to $X in 2022. Over the period under review, imports saw a noticeable decline. The pace of growth was the most pronounced in 2016 with an increase of 72% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units) constituted the largest supplier of window, wall, or split air conditioning system to Pakistan, accounting for a 77% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The third position in this ranking was held by Malaysia (X units), with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates amounted to +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-12.3% per year) and Malaysia (-27.9% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Pakistan, comprising 68% of total imports. The second position in the ranking was held by China ($X), with a 22% share of total imports. It was followed by Malaysia, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates amounted to +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-3.5% per year) and Malaysia (-24.5% per year).

Import Prices by Country

In 2022, the average import price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, picking up by 2.3% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for window or wall air conditioning systems, self-contained or split-systems decreased by -17.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 34%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 China ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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