The Pakistani market for pulley tackle and hoists powered by an electric motor declined dramatically to $X in 2021, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a resilient increase. Consumption of peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.
In 2021, Pakistan exported approximately X units of Electric Motor Driven Pulley Tackles and Hoists; an increase of X% compared to the previous year. Overall, exports grew strongly. The most prominent growth rate was 2015, when exports increased by X% compared to the previous year. As a result, exports peaked at X units. From 2016 to 2021, export growth remains at a low figure.
In value terms, exports of electric motor driven pulley tackle and hoists to surge to $X in 2021. Exports increased significantly during the reporting period. As a result, exports have peaked and may continue to grow in the short term.
China (X units) is the main destination of Pakistan Electric Pulleys and Lifts exports, accounting for X% of the total exports. In addition, exports of electric motor-driven pulley tackle and lifts to China more than tripled to the next-largest destination, Afghanistan (Taiwan X).
From 2012 to 2021, the average annual growth rate of sales to China is +X%.
In value terms, China ($X) remains the main foreign market for pulley tackle and hoists exported by Pakistani electric motors, accounting for X% of total exports. In second place is Afghanistan ($X), which accounts for X% of total exports. From 2012 to 2021, the average annual growth rate in value to China is +X%.
In 2021, Pakistan imported around X sets of Electric Motor Driven Pulley Tackles and Lifts; a decrease of -X% from the previous year. Overall, however, import growth was strong. The pace of growth appears to be fastest in 2015, when imports increased by X%. During the period under review, the import volume in 2018 hit a record high for Taiwan X; however, from 2019 to 2021, the import volume remained at a lower figure.
In value terms, imports of electric motor driven pulley tackle and hoists are significantly reduced to $X in 2021. Imports, however, showed resilient growth during the period under review. The most prominent growth rate was in 2015, with an increase of X% over the previous year. Imports peaked at $X in 2016; however, imports remained at lower figures from 2017 to 2021.
In 2021, China (X units) is the largest supplier of electric pulley spreaders and hoists in Pakistan, accounting for X% of total imports. In addition, imports of electric motor-driven pulley tackle and lifts from China surpassed the record figure of the second-largest supplier, Jepang (Taiwan X), by five times. The third place in this ranking is South Korea (X units) with X%.
From 2012 to 2021, the average annual growth rate of sales in China is +X%. The average annual growth rates of imports for the remaining supplying countries are as follows: Japan (+X% per year) and South Korea (+X% per year).
China ($X) is the largest supplier of Electric Pulley Tackle and Lifts to Pakistan by value, accounting for X% of total imports. In second place is South Korea ($X), accounting for X% of total imports. This is followed by Japan with an X% share.
From 2012 to 2021, the average annual growth rate in value from China will total +X%. The average annual growth rates of imports from the remaining suppliers are as follows: South Korea (+X%) and Japan (+X%/year).
In value terms, China constituted the largest supplier of pulley tackle and hoists powered by an electric motor to Pakistan, comprising 53% of total imports. The second position in the ranking was taken by South Korea, with a 10% share of total imports. It was followed by Japan, with a 10% share.
In value terms, China remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Pakistan, comprising 100% of total exports. The second position in the ranking was held by Afghanistan $308), with a 0.1% share of total exports.
In 2021, the average export price for pulley tackle and hoists powered by an electric motor amounted to $1,084 per unit, increasing by 1,369% against the previous year.
In 2021, the average import price for pulley tackle and hoists powered by an electric motor amounted to $406 per unit, growing by 23% against the previous year.
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