Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan - 2023

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan (CIF) - 2023
2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan (FOB) - 2022
3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan
4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan (CIF) - 2023

The average import price for electric motors and generators stood at $17.3 per unit in July 2023, picking up by 2.9% against the previous month. In general, the import price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in October 2022 an increase of 29% month-to-month. Over the period under review, average import prices reached the peak figure at $33.7 per unit in November 2022; however, from December 2022 to July 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were Thailand ($21.3 per unit) and Mexico ($21.3 per unit), while the price for China ($16.6 per unit) and Japan ($19.9 per unit) were amongst the lowest.

From August 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Mexico (0.0%), while the prices for the other major suppliers experienced a decline.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $293 per unit, with an increase of 8.8% against the previous year. Over the period under review, the export price, however, showed a mild setback. The most prominent rate of growth was recorded in 2017 when the average export price increased by 694%. As a result, the export price attained the peak level of $2,233 per unit. From 2018 to 2022, the average 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 the Czech Republic ($414 per unit), while the average price for exports to Sweden ($99 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 States (+114.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan

In 2022, supplies from abroad of electric motors and generators decreased by -60.3% to 140K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 190%. As a result, imports attained the peak of 353K units, and then declined dramatically in the following year.

In value terms, imports of electric motors and generators reduced rapidly to $4.6M in 2022. Over the period under review, imports, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2021 with an increase of 180%. As a result, imports attained the peak of $11M, and then declined rapidly in the following year.

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Pakistan in 2022:

1. China (59.4K units)
2. Indonesia (37.5K units)
3. Japan (26.3K units)
4. Germany (10.6K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Pakistan

Exports of electric motors and generators from Pakistan declined remarkably to 4 units in 2022, waning by -80% on the previous year. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 233% against the previous year. The exports peaked at 183 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of electric motors and generators declined significantly to $1.2K in 2022. Over the period under review, exports saw a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 6.3% against the previous year. Over the period under review, the exports of reached the maximum at $59K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Pakistan in 2022:

1. Czech Republic (2.0 units)
2. Morocco (1.0 units)
3. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform