Pakistan’s Mobile Phone Imports Reach $143.8M in Early FY25 have significantly decreased. In July and August, the country imported mobile devices worth $143.889 million, reflecting a 19.82% decline compared to $179.453 million during the same period last year.
Yearly Comparison Of Mobile Phone Imports
The overall trend in mobile phone imports is concerning. In the fiscal year 2023-24, Pakistan imported mobile phones worth $1.898 billion, a substantial increase from $570.071 million in the fiscal year 2022-23. However, the first two months of fiscal year 2024-25 show a decline, with imports valued at $143.889 million compared to $179.453 million during the same period last year, indicating a 19.82% decrease. This drop in imports highlights shifting consumer behavior and market dynamics, suggesting that the growing local manufacturing sector may be influencing these trends.
Local Manufacturing Gains
On a brighter note, local manufacturing is on the rise. Pakistani plants produced 18.95 million mobile handsets from January to July 2024. This figure contrasts sharply with just one million commercially imported units. In July alone, local plants assembled 1.61 million handsets, while only 0.16 million were imported.
| Manufacturing Data | Units (Million) |
|---|---|
| Total Manufactured (Jan-Jul 2024) | 18.95 |
| Commercial Imports (July 2024) | 0.16 |
| Locally Assembled (July 2024) | 1.61 |
Interestingly, 62% of mobile devices on the Pakistan network are smartphones, while 38% are 2G devices. This indicates a growing preference for advanced technology among consumers.
The decline in mobile phone imports reflects changing market conditions. However, the surge in local manufacturing provides a silver lining. As Pakistan continues to develop its technology sector, consumers may find a broader range of locally produced options in the near future. Stay tuned for more information.
Web Desk Author from Fetch Pakistan is the premier and most trustworthy resource for all happenings in technology, telecom, business, sports, auto, education, real estate, and entertainment news in Pakistan.
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