Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan - 2023
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (CIF) - 2022
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (FOB) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan
- Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (CIF) - 2022
The average import price for casting machines; of a kind used in metallurgy or in metal foundrieses stood at $36,642 per unit in 2022, picking up by 23% against the previous year. Overall, the import price recorded resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 56%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($62,175 per unit), while the price for Japan ($28,452 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (FOB) - 2022
In 2022, the average export price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $1,605 per unit, with an increase of 119% against the previous year. In general, the export price showed a significant increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 1,289% against the previous year. Over the period under review, the average export prices reached the maximum at $2,190 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iraq ($2,116 per unit), while the average price for exports to Oman ($296 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 UK (+10.4%), while the prices for the other major destinations experienced a decline.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan
In 2022, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses increased by 20% to 201 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp descent. Imports peaked at 545 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses soared to $7.4M in 2022. Over the period under review, imports, however, saw a deep contraction. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.3 | 2.2 | 2.9 | 19.5% |
| Japan | 1.0 | 0.4 | 0.9 | 2.6 | 37.5% |
| Taiwan (Chinese) | N/A | N/A | 0.9 | 0.4 | -55.6% |
| South Korea | 3.2 | N/A | 0.1 | N/A | -82.3% |
| India | 2.4 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 2.7 | 0.9 | 1.5 | -9.1% |
| Total | 10.4 | 4.3 | 5.0 | 7.4 | -10.7% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Pakistan in 2022:
- Japan (91.0 units)
- China (84.0 units)
- Taiwan (Chinese) (7.0 units)
Exports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan
In 2022, the amount of casting machines; of a kind used in metallurgy or in metal foundrieses exported from Pakistan soared to 35 units, surging by 169% on 2021 figures. In general, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of casting machines; of a kind used in metallurgy or in metal foundrieses skyrocketed to $56K in 2022. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iraq | N/A | N/A | N/A | 50.8 | 0% |
| Oman | N/A | N/A | 3.2 | 2.7 | -15.6% |
| Saudi Arabia | 5.2 | N/A | 1.5 | 1.5 | -33.9% |
| United Kingdom | N/A | N/A | 1.1 | 1.2 | 9.1% |
| Qatar | N/A | N/A | 3.8 | N/A | 0% |
| United Arab Emirates | 9.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.0 | N/A | 9.5 | 56.2 | 55.3% |
Top Export Markets for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries from Pakistan in 2022:
- Iraq (24.0 units)
- Oman (9.0 units)
- United Kingdom (1.0 units)
- Saudi Arabia (1.0 units)
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