Cranes; Tower Cranes Price in Pakistan - 2023
Contents:
- Cranes; Tower Cranes Price in Pakistan (CIF) - 2022
- Cranes; Tower Cranes Price in Pakistan (FOB) - 2022
- Cranes; Tower Cranes Imports in Pakistan
- Cranes; Tower Cranes Exports in Pakistan
Cranes; Tower Cranes Price in Pakistan (CIF) - 2022
In 2022, the average cranes; tower cranes import price amounted to $151,359 per unit, picking up by 15% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 155% against the previous year. As a result, import price reached the peak level of $165,222 per unit. From 2020 to 2022, the average 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 Germany ($367,618 per unit), while the price for Spain ($49,346 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+51.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cranes; Tower Cranes Price in Pakistan (FOB) - 2022
In 2022, the average cranes; tower cranes export price amounted to $60,426 per unit, surging by 160% against the previous year. Over the period under review, the export price posted a buoyant expansion. Over the period under review, the average export prices reached the peak figure at $169,865 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($423,085 per unit), while the average price for exports to the United Arab Emirates stood at $18,448 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+32.9%).
Cranes; Tower Cranes Imports in Pakistan
Cranes; tower cranes imports into Pakistan contracted markedly to 35 units in 2022, with a decrease of -40.7% on 2021 figures. Overall, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 181%. As a result, imports attained the peak of 59 units, and then reduced sharply in the following year.
In value terms, cranes; tower cranes imports fell rapidly to $5.4M in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 155% against the previous year. As a result, imports reached the peak of $7.7M, and then dropped significantly in the following year.
Import of Cranes; Tower Cranes in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 5,135 | 1,498 | 3,330 | 2,878 | -17.6% |
Denmark | 189 | 34.0 | 773 | 668 | 52.3% |
United Arab Emirates | 292 | 290 | 410 | 354 | 6.6% |
United States | 63.8 | 101 | 359 | 310 | 69.4% |
Japan | 389 | 334 | 353 | 305 | -7.8% |
Turkey | 47.8 | 81.2 | 336 | 290 | 82.4% |
Germany | 280 | 255 | 302 | 261 | -2.3% |
South Korea | 400 | 307 | 258 | 223 | -17.7% |
Others | 180 | 126 | 1,589 | 76.5 | -24.8% |
Total | 6,978 | 3,024 | 7,710 | 5,367 | -8.4% |
Top Suppliers of Cranes; Tower Cranes to Pakistan in 2022:
- China (14.0 units)
- Denmark (5.0 units)
- United Arab Emirates (4.0 units)
- Turkey (3.0 units)
- Japan (3.0 units)
- United States (2.0 units)
- South Korea (2.0 units)
- Germany (1.0 units)
Cranes; Tower Cranes Exports in Pakistan
In 2022, cranes; tower cranes exports from Pakistan skyrocketed to 20 units, growing by 67% compared with the previous year. In general, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of 175% against the previous year. As a result, the exports attained the peak of 33 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cranes; tower cranes exports skyrocketed to $1.2M in 2022. Overall, exports continue to indicate a measured increase. Over the period under review, the exports reached the maximum at $2.1M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Cranes; Tower Cranes in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 929 | 1,662 | 79.5 | 866 | -2.3% |
United Arab Emirates | 112 | 445 | 194 | 325 | 42.6% |
Others | 1.8 | 5.2 | 1.7 | 2.0 | 3.6% |
Total | 1,043 | 2,112 | 275 | 1,193 | 4.6% |
Top Export Markets for Cranes; Tower Cranes from Pakistan in 2022:
- United Arab Emirates (18.0 units)
- China (2.0 units)
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