Pakistan - Gear Cutting, Gear Grinding Or Gear Finishing Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGear Cutting Machine Price in Pakistan - 2023
Contents:
- Gear Cutting Machine Price in Pakistan (CIF) - 2022
- Gear Cutting Machine Price in Pakistan (FOB) - 2022
- Gear Cutting Machine Imports in Pakistan
- Gear Cutting Machine Exports in Pakistan
Gear Cutting Machine Price in Pakistan (CIF) - 2022
The average gear cutting machine import price stood at $6,654 per unit in 2022, surging by 50% against the previous year. Over the period under review, the import price continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
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 Italy ($15,793 per unit), while the price for India ($1,245 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+66.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Gear Cutting Machine Price in Pakistan (FOB) - 2022
In 2022, the average gear cutting machine export price amounted to $209 per unit, falling by -5.1% against the previous year. Over the period under review, the export price recorded a noticeable decrease. The pace of growth was the most pronounced in 2016 an increase of 896%. As a result, the export price reached the peak level of $3,231 per unit. From 2017 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,210 per unit), while the average price for exports to Ethiopia ($39 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 the United Arab Emirates (+3.6%), while the prices for the other major destinations experienced mixed trend patterns.
Gear Cutting Machine Imports in Pakistan
In 2022, overseas purchases of gear cutting, gear grinding or gear finishing machines decreased by -40.3% to 142 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate strong growth. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. As a result, imports reached the peak of 238 units, and then declined significantly in the following year.
In value terms, gear cutting machine imports shrank to $946K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 85% against the previous year. As a result, imports reached the peak of $1.1M, and then shrank in the following year.
Import of Gear Cutting Machine in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 238 | 218 | 270 | 422 | 21.0% |
China | 0.3 | 21.5 | 136 | 176 | 737.1% |
United Kingdom | 7.7 | 76.8 | 396 | 49.7 | 86.2% |
Italy | 7.0 | 4.5 | 35.4 | 45.6 | 86.8% |
Netherlands | 10.3 | 16.2 | 25.1 | 37.6 | 54.0% |
Canada | 13.0 | 18.4 | 25.7 | 36.3 | 40.8% |
Spain | 6.0 | 12.6 | 15.0 | 28.0 | 67.1% |
Hong Kong SAR | 11.5 | 26.2 | 9.4 | 27.7 | 34.0% |
Germany | 20.0 | 12.3 | 9.1 | 26.2 | 9.4% |
Australia | N/A | N/A | 9.6 | 14.9 | 55.2% |
Sri Lanka | 5.2 | 17.5 | 2.4 | 14.9 | 42.0% |
Taiwan (Chinese) | 7.0 | 8.5 | 9.0 | 14.1 | 26.3% |
India | 3.9 | 3.1 | 1.4 | 5.4 | 11.5% |
Others | 136 | 133 | 110 | 47.3 | -29.7% |
Total | 465 | 569 | 1,055 | 946 | 26.7% |
Top Suppliers of Gear Cutting Machine to Pakistan in 2022:
- United States (43.0 units)
- Canada (20.0 units)
- China (19.0 units)
- United Kingdom (14.0 units)
- Hong Kong SAR (9.0 units)
- Netherlands (5.0 units)
- Sri Lanka (5.0 units)
- Taiwan (Chinese) (4.0 units)
- India (4.0 units)
- Italy (3.0 units)
- Australia (3.0 units)
- Germany (3.0 units)
- Spain (3.0 units)
Gear Cutting Machine Exports in Pakistan
In 2022, approx. 4 units of gear cutting, gear grinding or gear finishing machines were exported from Pakistan; shrinking by -33.3% compared with 2021. Overall, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 500%. Over the period under review, the exports reached the maximum at 9 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, gear cutting machine exports dropped notably to $747 in 2022. In general, exports saw a sharp descent. The most prominent rate of growth was recorded in 2021 when exports increased by 783%. The exports peaked at $3.2K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Gear Cutting Machine in Pakistan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 1,172 | 77.0 | 714 | 432 | -28.3% |
Tanzania | 527 | 31.0 | 268 | 136 | -36.3% |
Saudi Arabia | 336 | 19.0 | 146 | 75.0 | -39.3% |
Oman | 431 | 4.0 | 80.0 | 49.0 | -51.6% |
Bahrain | 297 | 13.0 | 80.0 | 32.0 | -52.4% |
Ethiopia | 149 | 7.0 | 43.0 | 18.0 | -50.6% |
Others | 279 | 1.0 | 11.0 | 5.0 | -73.8% |
Total | 3,191 | 152 | 1,342 | 747 | -38.4% |
Top Export Markets for Gear Cutting Machine from Pakistan in 2022:
- Tanzania (2.0 units)
- Bahrain (1.0 units)
This report provides an in-depth analysis of the gear cutting machine 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 28412430 - Gear cutting, gear grinding or gear finishing machines, for working metals, metal carbides or cermets (excluding planing, s lotting and broaching machines)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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