Pakistan: Seeder And Planter Market 2024

Seeder And Planter Market Size in Pakistan

The Pakistani seeder and planter market was estimated at $X in 2022, increasing by X% against the previous year. In general, consumption recorded strong growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Seeder And Planter Production in Pakistan

In value terms, seeder and planter production expanded rapidly to $X in 2022 estimated in export price. In general, production showed a buoyant expansion. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Seeder and planter production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Seeder And Planter Exports

Exports from Pakistan

In 2022, approx. X units of seeders, planters, transplanters were exported from Pakistan; waning by X% compared with the year before. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, seeder and planter exports reduced rapidly to $X in 2022. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X units) was the main destination for seeder and planter exports from Pakistan, with a X% share of total exports. Moreover, seeder and planter exports to Nigeria exceeded the volume sent to the second major destination, Saudi Arabia (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Nigeria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Democratic Republic of the Congo (X% per year).

In value terms, Nigeria ($X) remains the key foreign market for seeders, planters, transplanters exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Nigeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the average seeder and planter export price amounted to $X per unit, rising by X% against the previous year. In general, the export price recorded a slight increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($X per unit), while the average price for exports to Democratic Republic of the Congo ($X 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 Botswana (X%), while the prices for the other major destinations experienced a decline.

Seeder And Planter Imports

Imports into Pakistan

In 2016, overseas purchases of seeders, planters, transplanters decreased by X% to X units, falling for the second consecutive year after three years of growth. In general, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2016, the growth of imports remained at a lower figure.

In value terms, seeder and planter imports expanded notably to $X in 2016. Overall, imports saw a deep setback. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2016, imports failed to regain momentum.

Imports by Country

In 2016, the UK (X units) constituted the largest seeder and planter supplier to Pakistan, accounting for a X% share of total imports. Moreover, seeder and planter imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), threefold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2016, the average annual growth rate of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Japan (X% per year).

In value terms, the largest seeder and planter suppliers to Pakistan were China ($X), France ($X) and South Korea ($X), with a combined X% share of total imports.

Among the main suppliers, France, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average seeder and planter import price stood at $X per unit in 2016, rising by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt contraction. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2016, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was China ($X per unit), while the price for Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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