Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan - 2023

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $377 per unit, waning by -20.3% against the previous year. Over the period under review, the import price showed a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 62%. Over the period under review, average import prices hit record highs at $1,231 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($244 per unit), while the price for Turkey amounted to $62 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+44.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into Pakistan surged to 195 units, rising by 47% on the previous year. Over the period under review, imports recorded a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 600% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses surged to $73K in 2022. In general, imports, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 168% against the previous year. Imports peaked at $111K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China96.810.754.313.7-47.9%
TurkeyN/AN/AN/A7.50%
India14.6N/AN/AN/A0%
United Arab EmiratesN/AN/A8.5N/A0%
OthersN/A12.7N/A52.3102.9%
Total11123.462.873.4-12.9%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Pakistan in 2022:

  1. Turkey (120.0 units)
  2. China (56.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Machines; automatic beverage-vending machines, incorporating heating or refrigerating devices - Pakistan