Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan - 2023

Contents:

1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan (CIF) - 2022
2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan (FOB) - 2022
3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan
4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan (CIF) - 2022

In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $5.8 per unit, picking up by 15% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 drawing, marking-out or mathematical calculating instrumentses increased by +111.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 55% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($6.5 per unit), while the price for China amounted to $5.8 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.7%).

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $14 per unit in 2022, reducing by -7.7% against the previous year. In general, the export price, however, recorded a significant expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 331% against the previous year. Over the period under review, the average export prices attained the peak figure at $23 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($44 per unit), while the average price for exports to Cyprus ($2.6 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan

In 2022, supplies from abroad of drawing, marking-out or mathematical calculating instrumentses increased by 154% to 109K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp setback. Imports peaked at 243K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $627K in 2022. Overall, imports, however, showed a deep downturn. Over the period under review, imports of attained the maximum at $826K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Pakistan in 2022:

1. China (96.4K units)
2. United States (8.4K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Pakistan

In 2022, the amount of drawing, marking-out or mathematical calculating instrumentses exported from Pakistan rose sharply to 899 units, with an increase of 5.3% against the year before. In general, exports saw buoyant growth. The growth pace was the most rapid in 2021 when exports increased by 1,103% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses dropped modestly to $13K in 2022. Over the period under review, exports posted a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,465%. As a result, the exports reached the peak of $13K, and then fell modestly in the following year.

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Pakistan in 2022:

1. Denmark (320.0 units)
2. United Kingdom (234.0 units)
3. Cyprus (133.0 units)
4. France (46.0 units)
5. Poland (30.0 units)
6. Canada (26.0 units)
7. Slovakia (15.0 units)

Source: IndexBox Market Intelligence Platform