Report Update: Apr 1, 2024

Pakistan - Machine-Tools For Working Stone, Ceramics, And Concrete - Market Analysis, Forecast, Size, Trends And Insights

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Price for Machine Tools for Working Stone in Pakistan - 2023

Price for Machine Tools for Working Stone in Pakistan (CIF) - 2022

In 2022, the average import price for machine-tools for working stone, ceramics, and concrete amounted to $186 per unit, with a decrease of -35.7% against the previous year. In general, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 42%. As a result, import price attained the peak level of $403 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Iran ($307 per unit) and China ($288 per unit), while the price for Spain ($208 per unit) and Hong Kong SAR ($288 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.9%), while the prices for the other major suppliers experienced a decline.

Price for Machine Tools for Working Stone in Pakistan (FOB) - 2022

In 2022, the average export price for machine-tools for working stone, ceramics, and concrete amounted to $379 per unit, with a decrease of -5.6% against the previous year. In general, the export price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average export price increased by 93%. The export price peaked at $692 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Afghanistan ($395 per unit) and China ($395 per unit), while the average price for exports to the United States ($310 per unit) and Oman ($379 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.0%), while the prices for the other major destinations experienced a decline.

Imports of Machine Tools for Working Stone in Pakistan

In 2022, overseas purchases of machine-tools for working stone, ceramics, and concrete decreased by -47.3% to 8.6K units, falling for the second year in a row after two years of growth. In general, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 1,093%. As a result, imports reached the peak of 121K units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, machine tools for working stone imports contracted rapidly to $1.6M in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 968%. As a result, imports reached the peak of $39M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Machine Tools for Working Stone in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	1.0	16.3	2.0	0.7	-11.2%
China	1.2	11.1	1.8	0.5	-25.3%
Iran	0.2	2.4	0.3	0.1	-20.6%
Hong Kong SAR	0.1	1.5	0.1	N/A	0.0%
Others	1.1	7.6	0.5	0.2	-43.3%
Total	3.6	38.9	4.7	1.6	-23.7%

Top Suppliers of Machine Tools for Working Stone to Pakistan in 2022:

Italy (2.5K units)
China (1.9K units)
Iran (0.4K units)
Hong Kong SAR (0.1K units)

Exports of Machine Tools for Working Stone in Pakistan

In 2022, approx. 250 units of machine-tools for working stone, ceramics, and concrete were exported from Pakistan; growing by 81% compared with the previous year's figure. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 397%. As a result, the exports reached the peak of 343 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, machine tools for working stone exports soared to $95K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 856% against the previous year. As a result, the exports reached the peak of $134K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Machine Tools for Working Stone in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	7.8	91.9	12.6	52.1	88.3%
China	0.9	7.5	15.8	16.3	162.6%
Afghanistan	0.5	4.1	8.4	8.7	159.1%
Oman	0.6	17.3	12.2	7.2	128.9%
United States	0.8	10.7	2.5	6.1	96.8%
United Kingdom	0.2	1.2	2.1	2.2	122.4%
Nigeria	1.3	N/A	N/A	N/A	0%
Others	2.0	1.5	1.9	2.2	3.2%
Total	14.0	134	55.4	94.8	89.2%

Top Export Markets for Machine Tools for Working Stone from Pakistan in 2022:

United Arab Emirates (136.0 units)
China (41.0 units)
Afghanistan (22.0 units)
United States (20.0 units)
Oman (19.0 units)
United Kingdom (6.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine tools for working stone 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 28491170 - Machine-tools for working stone, ceramics, concrete, a sbestos-cement or like mineral materials or for cold working glass (excluding sawing machines, grinding or polishing machines)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023