Pakistan - Relays - Market Analysis, Forecast, Size, Trends and Insights
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View PricingRelay Price in Pakistan - 2023
Contents:
- Relay Price in Pakistan (CIF) - 2023
- Relay Price in Pakistan (FOB) - 2022
- Relay Imports in Pakistan
- Relay Exports in Pakistan
Relay Price in Pakistan (CIF) - 2023
The average relay import price stood at $5.8 per unit in April 2023, increasing by 29% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The pace of growth was the most pronounced in October 2022 an increase of 33% m-o-m. The import price peaked in April 2023.
There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was Indonesia ($6.6 per unit), while the price for the UK ($2.1 per unit) was amongst the lowest.
From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Japan (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Relay Price in Pakistan (FOB) - 2022
In 2022, the average relay export price amounted to $3.7 per unit, which is down by -37.8% against the previous year. Over the period under review, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 58%. The export price peaked at $8.5 per unit in 2018; however, from 2019 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 Germany ($4 per unit), while the average price for exports to Sri Lanka ($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 the United States (+61.9%), while the prices for the other major destinations experienced mixed trend patterns.
Relay Imports in Pakistan
In 2022, approx. 2.3M units of relays were imported into Pakistan; with a decrease of -17.1% on 2021 figures. In general, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 52% against the previous year. As a result, imports reached the peak of 2.8M units, and then contracted notably in the following year.
In value terms, relay imports declined markedly to $10M in 2022. Over the period under review, imports continue to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $13M, and then shrank dramatically in the following year.
Import of Relay in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2,197 | 3,191 | 3,106 | 2,333 | 2.0% |
United Arab Emirates | 1,290 | 1,580 | 2,147 | 1,608 | 7.6% |
China | 2,983 | 1,417 | 2,100 | 1,511 | -20.3% |
Japan | 227 | 132 | 383 | 670 | 43.4% |
Poland | 449 | 318 | 744 | 557 | 7.4% |
Spain | 469 | 637 | 668 | 500 | 2.2% |
United Kingdom | 393 | 498 | 560 | 414 | 1.8% |
France | 309 | 217 | 461 | 345 | 3.7% |
Switzerland | 50.1 | 1,248 | 51.6 | 319 | 85.3% |
United States | 547 | 310 | 382 | 317 | -16.6% |
Italy | 233 | 131 | 334 | 259 | 3.6% |
Finland | 359 | 398 | 318 | 254 | -10.9% |
South Korea | 342 | 304 | 338 | 250 | -9.9% |
Others | 1,159 | 972 | 1,165 | 897 | -8.2% |
Total | 11,008 | 11,353 | 12,759 | 10,235 | -2.4% |
Top Suppliers of Relay to Pakistan in 2022:
- China (442.2K units)
- Japan (401.3K units)
- Germany (376.2K units)
- United Arab Emirates (364.5K units)
- Poland (87.1K units)
- Spain (78.6K units)
- United Kingdom (66.1K units)
- United States (65.7K units)
- France (58.4K units)
- Switzerland (53.2K units)
- Italy (51.0K units)
- South Korea (43.8K units)
- Finland (42.6K units)
Relay Exports in Pakistan
In 2022, the amount of relays exported from Pakistan surged to 19K units, rising by 61% against the previous year. Over the period under review, exports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 when exports increased by 66%. As a result, the exports reached the peak of 47K units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, relay exports declined slightly to $68K in 2022. In general, exports, however, showed a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $185K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Relay in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 133 | 117 | 31.0 | 59.2 | -23.6% |
United Arab Emirates | 3.4 | 8.3 | 0.3 | 1.3 | -27.4% |
Spain | 0.4 | 22.9 | 3.1 | 0.8 | 26.0% |
Singapore | N/A | N/A | 0.1 | 0.2 | 100.0% |
Sri Lanka | 0.1 | 0.6 | N/A | 0.1 | 0.0% |
Sweden | N/A | 5.8 | N/A | N/A | 0% |
Poland | N/A | 14.5 | 2.3 | N/A | -84.1% |
Afghanistan | N/A | N/A | 27.2 | N/A | 0% |
Others | 1.6 | 15.9 | 4.3 | 6.6 | 60.4% |
Total | 138 | 185 | 68.3 | 68.2 | -20.9% |
Top Export Markets for Relay from Pakistan in 2022:
- Spain (undefinedK units)
- Germany (14.8K units)
- United Arab Emirates (2.0K units)
- Sri Lanka (0.9K units)
- Singapore (0.3K units)
This report provides an in-depth analysis of the relay market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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