Electric Fans Production Rises 7.04% In 11 Months

Mohammad Ali (@ChaudhryMAli88) Published July 22, 2018 | 03:15 PM

ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd Jul, 2018 ) :Manufacturing of electric fans in the country increased by 7.04 per cent during the first 11 months (July-May) of the year 2017-18, as compared to the same period last year.

During the period under review, as many as 2.364 million units of electric fans were produced against the manufacturing of 2.209 million units during the same period in the previous year.

According to latest data released by the Pakistan Bureau of Statistics (PBS), on year-on-year basis, the production of electric fans witnessed a declining trend as it went down to 277,182 units in May 2018 from 313,037 units in same period of the year 2017, showing a decrease of 11.

45 per cent.

Meanwhile, the country exported 1,380,000 units of electric fans during the year 2017-18 against the export of 1,526,000 units during the same period of last year showing a decline of 9.57 per cent.

In terms of value, the export of electric fans also witnessed a decrease of 9.84 per cent as the value decreased from $29.054 million in July-June 2016-17 to $26.194 million in Jul-June 2017-18.

On year-on-year basis, the export of fans plunged by 37.97 per cent, asduring June 2018, 150,000 fans worth $2.33 million were exported against 210,000electric fans valuing $3.75 million.