Key Market Indicators
Pakistan is poised for a significant rise in electrical equipment imports, with projections indicating a surge to nearly $6 billion by 2028. This marks an increase from approximately $5.2 billion in 2023, reflecting an average annual growth rate of 2.2%. The demand for electrical equipment in the country has shown consistent growth, averaging 4.1% annually since 2008. On the export front, Pakistan's electrical equipment is expected to experience a slight decline. Projections suggest exports will drop to around $85 million by 2028, down from about $86 million in 2023. This represents an average annual decrease of 0.2%. Since 2008, the country's supply of electrical equipment for export has been on a downward trend, declining by about 1.1% each year.
