Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan - 2023

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (CIF) - 2023
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (FOB) - 2023
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (CIF) - 2023

In August 2023, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $21.4 per unit, remaining relatively unchanged against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 13% month-to-month. The import price peaked in August 2023.

Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was the United States ($21.4 per unit), while the price for Turkey ($21.4 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (FOB) - 2023

In May 2023, the average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $17.9 per unit, approximately equating the previous month. Over the period under review, the export price, however, enjoyed noticeable growth. Over the period under review, the average export prices reached the maximum at $17.9 per unit in April 2023, and then dropped slightly in the following month.

As there is only one major export destination, the average price level is determined by prices for Germany.

From October 2022 to May 2023, the rate of growth in terms of prices for Germany amounted to +2.5% per month.

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan

In 2022, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v into Pakistan declined markedly to 60K units, which is down by -73.8% against the previous year. Over the period under review, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 71%. Imports peaked at 391K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v fell sharply to $1.1M in 2022. In general, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 when imports increased by 84% against the previous year. Over the period under review, imports of attained the maximum at $5.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,6362,2131,431837-47.0%
Germany12715020.3118-2.4%
Turkey10.71.615.466.683.9%
SingaporeN/AN/A0.334.411366.7%
SwedenN/A1.32,1262.538.7%
ItalyN/A0.25570.322.5%
Others10812944851.5-21.9%
Total5,8822,4944,5981,110-42.6%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Pakistan in 2022:

  1. China (45.6K units)
  2. Germany (6.4K units)
  3. Turkey (3.6K units)
  4. Singapore (1.9K units)
  5. Sweden (0.1K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan

For the third consecutive year, Pakistan recorded growth in shipments abroad of lightning arresters, voltage limiters and surge suppressors for over 1000 v, which increased by 44% to 1.9K units in 2022. Overall, total exports indicated a significant increase from 2020 to 2022: its volume increased at an average annual rate of +24.5% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v soared to $28K in 2022. The total export value increased at an average annual rate of +12.5% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Pakistan (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Germany22.222.328.112.5%
OthersN/AN/AN/A0%
Total22.222.328.112.5%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Pakistan in 2022:

  1. Germany (1.9K units)

Source: IndexBox Market Intelligence Platform

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