Report Update: May 1, 2024

Pakistan - Non-Numerically Controlled Horizontal Lathes, For Removing Metal - Market Analysis, Forecast, Size, Trends And Insights

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Non-Numerically Controlled Lathe Price in Pakistan - 2023

Non-Numerically Controlled Lathe Price in Pakistan (CIF) - 2022

The average non-numerically controlled lathe import price stood at $4,525 per unit in 2022, with an increase of 26% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-numerically controlled lathe import price increased by +69.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 43%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 the United States ($6,308 per unit), while the price for Hong Kong SAR ($1,769 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Numerically Controlled Lathe Price in Pakistan (FOB) - 2022

The average non-numerically controlled lathe export price stood at $1,896 per unit in 2022, increasing by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 137% against the previous year. The export price peaked at $2,062 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 the United Arab Emirates ($14,197 per unit), while the average price for exports to Saudi Arabia ($1,014 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 Germany (+30.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Numerically Controlled Lathe Imports in Pakistan

Non-numerically controlled lathe imports into Pakistan surged to 571 units in 2022, growing by 30% against the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. Over the period under review, non-numerically controlled laimports hit record highs at 775 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-numerically controlled lathe imports surged to $2.6M in 2022. In general, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Non-Numerically Controlled Lathe in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	720	250	575	1,061	13.8%
United Kingdom	462	210	298	507	3.1%
United States	132	30.3	70.9	240	22.1%
Japan	72.0	145	154	108	14.5%
South Korea	84.3	50.2	39.0	76.0	-3.4%
United Arab Emirates	N/A	1.7	4.2	43.9	408.2%
Taiwan (Chinese)	137	49.3	41.7	41.9	-32.6%
Malaysia	50.1	24.6	14.1	21.2	-24.9%
Hong Kong SAR	292	143	119	19.5	-59.4%
Germany	20.3	N/A	203	8.5	-25.2%
Others	96.6	105	61.1	457	67.9%
Total	2,067	1,009	1,579	2,584	7.7%

Top Suppliers of Non-Numerically Controlled Lathe to Pakistan in 2022:

China (204.0 units)
United Kingdom (118.0 units)
United States (38.0 units)
Japan (35.0 units)
South Korea (23.0 units)
Taiwan (Chinese) (15.0 units)
United Arab Emirates (15.0 units)
Hong Kong SAR (11.0 units)
Malaysia (4.0 units)
Germany (3.0 units)

Non-Numerically Controlled Lathe Exports in Pakistan

In 2022, shipments abroad of non-numerically controlled horizontal lathes, for removing metal increased by 380% to 48 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt decrease. The exports peaked at 64 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-numerically controlled lathe exports skyrocketed to $91K in 2022. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Non-Numerically Controlled Lathe in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	0.4	2.3	N/A	51.8	405.9%
Saudi Arabia	2.2	N/A	0.8	14.2	86.2%
United Arab Emirates	22.9	20.8	8.0	14.2	-14.7%
Oman	4.6	6.7	5.1	10.8	32.9%
Qatar	1.2	1.5	N/A	N/A	25.0%
Tanzania	10.8	N/A	1.6	N/A	-61.5%
Sudan	11.1	0.5	N/A	N/A	-95.5%
South Africa	N/A	7.5	N/A	N/A	0%
Others	N/A	N/A	1.3	N/A	0%
Total	53.1	39.4	16.7	91.0	19.7%

Top Export Markets for Non-Numerically Controlled Lathe from Pakistan in 2022:

Bangladesh (23.0 units)
Saudi Arabia (14.0 units)
Oman (10.0 units)
United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-numerically controlled lathe market 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 28412140 - Non-numerically controlled horizontal lathes, for removing metal

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