Pakistan: Vices And Clamps Market 2024

Vices And Clamps Market Size in Pakistan

The Pakistani vices and clamps market fell significantly to $X in 2022, waning 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). Overall, consumption saw a significant curtailment. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Vices And Clamps Exports

Exports from Pakistan

In 2022, the amount of vices and clamps exported from Pakistan surged to X tons, increasing by X% compared with the previous year's figure. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, vices and clamps exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for vices and clamps exports from Pakistan, accounting for a X% share of total exports. Moreover, vices and clamps exports to the United States exceeded the volume sent to the second major destination, France (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

In value terms, the United States ($X) emerged as the key foreign market for vices and clamps exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Germany (X% per year).

Export Prices by Country

In 2022, the average vices and clamps export price amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a pronounced setback. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

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

Vices And Clamps Imports

Imports into Pakistan

In 2022, approx. X tons of vices and clamps were imported into Pakistan; waning by X% compared with 2021. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, vices and clamps imports fell markedly to $X in 2022. In general, imports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest vices and clamps supplier to Pakistan, accounting for a X% share of total imports. Moreover, vices and clamps imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Oman (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Oman (X% per year).

In value terms, China ($X) constituted the largest supplier of vices and clamps to Pakistan, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Oman, with an X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Oman (X% per year).

Import Prices by Country

The average vices and clamps import price stood at $X per ton in 2022, declining by X% against the previous year. Overall, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vices and clamps import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($X per ton) and the United States ($X per ton), while the price for Spain ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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