Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan - 2023
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, declining by -20.7% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 73% against the previous year. The import price peaked at $0.2 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($0.1 per unit), while the price for Bulgaria ($0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (FOB) - 2022
The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, falling by -35.1% against the previous year. Overall, the export price showed a perceptible decline. The pace of growth was the most pronounced in 2017 when the average export price increased by 86%. Over the period under review, the average export prices hit record highs at $0.3 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($0.5 per unit), while the average price for exports to the United Arab Emirates ($0.1 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 Germany (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan
In 2022, approx. 181M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were imported into Pakistan; therefore, remained relatively stable against the previous year. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 151%. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment shrank significantly to $18M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of $23M, and then dropped rapidly in the following year.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.4 | 6.2 | 10.9 | 7.5 | 11.6% |
| Japan | 2.2 | 0.8 | 1.5 | 1.5 | -12.0% |
| United States | 0.9 | 0.5 | 0.8 | 1.3 | 13.0% |
| Taiwan (Chinese) | 0.8 | 0.8 | 1.2 | 0.9 | 4.0% |
| Germany | 0.6 | 0.9 | 1.0 | 0.7 | 5.3% |
| South Korea | 0.7 | 0.6 | 0.8 | 0.7 | 0.0% |
| Turkey | 0.2 | 0.1 | 0.6 | 0.6 | 44.2% |
| Thailand | 0.3 | 0.2 | 0.4 | 0.5 | 18.6% |
| United Kingdom | 0.2 | 0.1 | 0.5 | 0.4 | 26.0% |
| France | 0.5 | 0.4 | 0.6 | 0.4 | -7.2% |
| Vietnam | N/A | N/A | N/A | 0.4 | 0% |
| Poland | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Bulgaria | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Others | 2.3 | 3.0 | 3.8 | 2.4 | 1.4% |
| Total | 14.5 | 13.9 | 22.5 | 18.0 | 7.5% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Pakistan in 2022:
- China (85.2M units)
- Japan (12.9M units)
- United States (10.4M units)
- Taiwan (Chinese) (7.9M units)
- South Korea (7.8M units)
- Germany (5.8M units)
- Turkey (5.1M units)
- France (4.4M units)
- Thailand (4.0M units)
- Bulgaria (3.7M units)
- Poland (3.5M units)
- Vietnam (3.4M units)
- United Kingdom (3.2M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan
In 2022, approx. 1.5M units of electrical circuit prefabricated elements, connectors, contact elements and other equipment were exported from Pakistan; rising by 157% on 2021 figures. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment soared to $115K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 222%. As a result, the exports reached the peak of $176K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 5.8 | N/A | 25.3 | 52.2 | 108.0% |
| United Arab Emirates | 17.6 | 11.9 | 23.6 | 39.0 | 30.4% |
| Tanzania | 9.9 | 6.1 | N/A | 14.3 | 13.0% |
| Jordan | 1.1 | N/A | N/A | 3.7 | 49.8% |
| United States | N/A | N/A | 4.5 | 2.2 | -51.1% |
| South Korea | N/A | 91.7 | N/A | N/A | 0% |
| Switzerland | 1.8 | 14.3 | N/A | N/A | 694.4% |
| Greece | N/A | N/A | 5.5 | N/A | 0% |
| Others | 18.6 | 52.4 | 10.3 | 4.0 | -40.1% |
| Total | 54.7 | 176 | 69.2 | 115 | 28.1% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Pakistan in 2022:
- Canada (683.7K units)
- United Arab Emirates (563.9K units)
- Tanzania (187.1K units)
- Jordan (48.1K units)
- United States (26.6K units)
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