Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $43,699 per unit in 2022, rising by 49% against the previous year. In general, the import price, however, recorded a deep contraction. The pace of growth appeared the most rapid in 2015 an increase of 71% against the previous year. The import price peaked at $116,856 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Germany ($111,698 per unit), while the price for the United Arab Emirates ($1,043 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (FOB) - 2022
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $190 per unit in 2022, jumping by 293% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced downturn. Over the period under review, the average export prices hit record highs at $244 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($172 per unit), while the average price for exports to South Korea ($4 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 Tanzania (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan
For the fourth year in a row, Pakistan recorded growth in purchases abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which increased by 39% to 200 units in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $8.7M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,601 | 3,234 | 2,334 | 6,349 | 34.6% |
| Germany | 954 | 258 | 1,021 | 1,787 | 23.3% |
| United Kingdom | 17.0 | 29.2 | 28.0 | 63.3 | 55.0% |
| United Arab Emirates | 3.9 | 0.9 | 10.9 | 25.0 | 85.8% |
| Italy | 2.6 | 23.6 | 245 | 6.9 | 38.4% |
| Others | 386 | 546 | 595 | 508 | 9.6% |
| Total | 3,965 | 4,091 | 4,234 | 8,740 | 30.1% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Pakistan in 2022:
- China (135.0 units)
- United Arab Emirates (24.0 units)
- Germany (16.0 units)
- United Kingdom (8.0 units)
- Italy (1.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan
In 2022, approx. 80 units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were exported from Pakistan; growing by 300% compared with 2021. Over the period under review, exports continue to indicate a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses soared to $15K in 2022. In general, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Pakistan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 3,952 | N/A | 912 | 10,887 | 40.2% |
| Mozambique | N/A | N/A | N/A | 362 | 0% |
| South Africa | 50.0 | N/A | 13.0 | 172 | 51.0% |
| Tanzania | 112 | N/A | 12.0 | 100 | -3.7% |
| Germany | 31.0 | N/A | 7.0 | 80.0 | 37.2% |
| United Arab Emirates | 2.0 | N/A | 4.0 | 61.0 | 212.4% |
| Oman | 30.0 | N/A | 4.0 | 43.0 | 12.7% |
| United Kingdom | 7.0 | N/A | 1.0 | 10.0 | 12.6% |
| South Korea | 4.0 | N/A | 1.0 | 4.0 | 0.0% |
| Others | 12.0 | N/A | 11.0 | 3,450 | 560.0% |
| Total | 4,200 | N/A | 965 | 15,169 | 53.4% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Pakistan in 2022:
- Bangladesh (67.0 units)
- Mozambique (4.0 units)
- United Arab Emirates (2.0 units)
- Oman (1.0 units)
- South Africa (1.0 units)
- Tanzania (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
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