Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan - 2023

Contents:

1. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan (CIF) - 2022
2. Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan (FOB) - 2022
3. Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan
4. Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan (CIF) - 2022

In 2022, the average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses amounted to $219 per unit, picking up by 66% against the previous year. In general, the import price saw a temperate expansion. The import price peaked at $281 per unit in 2017; however, from 2018 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 the United States ($310 per unit), while the price for Iran ($180 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan (FOB) - 2022

The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $1.7 per unit in 2022, declining by -99.1% against the previous year. Overall, the export price faced a precipitous decrease. The growth pace was the most rapid in 2019 when the average export price increased by 108%. Over the period under review, the average export prices reached the maximum at $565 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Kuwait amounted to +58.4% per year.

Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan

In 2022, approx. 2K units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were imported into Pakistan; with a decrease of -66.5% compared with the previous year's figure. In general, imports faced a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of 6K units, and then reduced sharply in the following year.

In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined rapidly to $441K in 2022. Over the period under review, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. Over the period under review, imports of attained the maximum at $796K in 2021, and then dropped rapidly in the following year.

Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Pakistan in 2022:

1. China (1874.0 units)
2. Iran (50.0 units)
3. Germany (12.0 units)

Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Pakistan

In 2022, overseas shipments of heaters; instantaneous or storage water heaters, non-electric, other than gasses increased by 650% to 15 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a deep contraction. The exports peaked at 24 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses reduced markedly to $26 in 2022. Over the period under review, exports, however, saw a dramatic slump. The smallest decline of -65% was in 2020. The exports peaked at $9.4K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Pakistan in 2022:

1. Jordan (15.0 units)

Source: IndexBox Market Intelligence Platform