Price for Navigational Instruments and Appliances; Parts and Accessories in Pakistan - 2023
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Pakistan (FOB) - 2022
- Price for Navigational Instruments and Appliances; Parts and Accessories in Pakistan (CIF) - 2022
- Exports of Navigational Instruments and Appliances; Parts and Accessories in Pakistan
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Pakistan
Price for Navigational Instruments and Appliances; Parts and Accessories in Pakistan (FOB) - 2022
In 2022, the average export price for navigational instruments and appliances; parts and accessorieses amounted to $24,477 per ton, reducing by -12.4% against the previous year. Overall, the export price continues to indicate a sharp contraction. The pace of growth was the most pronounced in 2021 when the average export price decreased by -6.4% against the previous year. The export price peaked at $3,756,500 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($129,800 per ton), while the average price for exports to the United Arab Emirates stood at $17,221 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+149.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Navigational Instruments and Appliances; Parts and Accessories in Pakistan (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $64,992 per ton, growing by 237% against the previous year. Overall, the import price showed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($232,268 per ton), while the price for China ($11,681 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Navigational Instruments and Appliances; Parts and Accessories in Pakistan
In 2022, overseas shipments of navigational instruments and appliances; parts and accessorieses decreased by -63.6% to 4.8 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 155%. As a result, the exports attained the peak of 13 tons, and then shrank significantly in the following year.
In value terms, exports of navigational instruments and appliances; parts and accessorieses shrank remarkably to $118K in 2022. In general, exports, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 138% against the previous year. As a result, the exports reached the peak of $370K, and then contracted rapidly in the following year.
| Export of Navigational Instruments and Appliances; Parts and Accessories in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 31.1 | 100 | 274 | 77.5 | 35.6% |
| Turkey | N/A | N/A | N/A | 40.2 | 0% |
| China | N/A | 54.9 | 90.8 | N/A | 65.4% |
| United Kingdom | 10.8 | N/A | N/A | N/A | 0% |
| Egypt | 25.9 | N/A | N/A | N/A | 0% |
| Others | 10.6 | N/A | 4.9 | N/A | -32.0% |
| Total | 78.5 | 155 | 370 | 118 | 14.6% |
Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Pakistan in 2022:
- United Arab Emirates (4.5 tons)
- Turkey (0.3 tons)
Imports of Navigational Instruments and Appliances; Parts and Accessories in Pakistan
In 2022, imports of navigational instruments and appliances; parts and accessorieses into Pakistan surged to 790 kg, jumping by 138% on the year before. In general, imports saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of navigational instruments and appliances; parts and accessorieses soared to $51K in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 36.5 | 0% |
| Germany | 1.0 | N/A | 0.1 | 8.2 | 101.7% |
| China | 0.9 | 0.2 | 6.1 | 5.5 | 82.8% |
| United States | 9.6 | 8.6 | N/A | 0.1 | -78.2% |
| South Korea | N/A | 2.0 | N/A | N/A | 0% |
| France | N/A | 5.3 | N/A | N/A | 0% |
| Singapore | 1.3 | N/A | N/A | N/A | 0% |
| Others | 0.1 | 2.0 | 0.2 | 1.0 | 115.4% |
| Total | 12.9 | 18.1 | 6.4 | 51.3 | 58.4% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Pakistan in 2022:
- China (473.0 kg)
- Turkey (157.0 kg)
- Germany (148.0 kg)
- United States (2.0 kg)
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