Pakistan - Canned Food - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Pakistan - Canned Food - Market Analysis, Forecast, Size, Trends and Insights

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Canned Food Price in Pakistan - 2023

Contents:

  1. Canned Food Price in Pakistan (CIF) - 2023
  2. Canned Food Price in Pakistan (FOB) - 2023
  3. Canned Food Imports in Pakistan
  4. Canned Food Exports in Pakistan

Canned Food Price in Pakistan (CIF) - 2023

In April 2023, the average canned food import price amounted to $5,173 per ton, waning by -17.3% against the previous month. Over the period under review, import price indicated a modest increase from April 2022 to April 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2023 figures, canned food import price increased by +38.4% against February 2023 indices. The pace of growth appeared the most rapid in March 2023 when the average import price increased by 67% against the previous month. Over the period under review, average import prices reached the maximum at $7,175 per ton in July 2022; however, from August 2022 to April 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2023, the country with the highest price was the Netherlands ($10,165 per ton), while the price for Egypt ($847 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Canned Food Price in Pakistan (FOB) - 2023

The average canned food export price stood at $2,247 per ton in April 2023, surging by 7% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 51% against the previous month. The export price peaked in April 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Qatar ($7,462 per ton), while the average price for exports to Italy ($1,295 per ton) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Food Imports in Pakistan

In 2022, the amount of canned food imported into Pakistan rose significantly to 28K tons, picking up by 14% compared with the previous year. The total import volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, canned food imports reached $117M in 2022. The total import value increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 13%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Canned Food in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.61.12.4117255.7%
Spain3.63.23.3N/A-4.3%
Thailand5.65.36.9N/A11.0%
China1.92.32.9N/A23.5%
Malaysia2.43.12.0N/A-8.7%
Indonesia7.27.38.3N/A7.4%
Philippines3.15.54.3N/A17.8%
Egypt1.61.72.2N/A17.3%
Singapore11.57.58.6N/A-13.5%
Netherlands28.839.626.3N/A-4.4%
Others29.233.337.9N/A13.9%
Total97.51101051176.3%

Top Suppliers of Canned Food to Pakistan in 2022:

  1. United Arab Emirates (27.7K tons)

Canned Food Exports in Pakistan

In 2022, shipments abroad of canned food decreased by -28.3% to 9.2K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 48%. As a result, the exports reached the peak of 14K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, canned food exports fell remarkably to $23M in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 28%. As a result, the exports attained the peak of $30M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Canned Food in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.74.43.323.3105.1%
United Kingdom2.53.83.6N/A20.0%
United States1.62.72.9N/A34.6%
Qatar2.13.41.9N/A-4.9%
Saudi Arabia1.72.52.2N/A13.8%
Afghanistan8.26.55.9N/A-15.2%
Canada1.01.72.3N/A51.7%
Others3.44.76.2N/A35.0%
Total23.229.728.223.30.1%

Top Export Markets for Canned Food from Pakistan in 2022:

  1. United Arab Emirates (9.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the canned food market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
  • Prodcom 10861030 - Homogenised vegetables (excluding frozen, preserved by vinegar or acetic acid)
  • Prodcom 10861050 - Homogenised preparations of jams, fruit jellies, marmalades, f ruit or nut puree and fruit or nut pastes
  • Prodcom 10861060 - Homogenised composite food preparations for infant food or dietetic purposes p.r.s. in containers . .250 g
  • Prodcom 10861070 - Food preparations for infants, p.r.s. (excluding homogenised composite food preparations)
  • Prodcom 10891100 - Soups and broths and preparations therefor
  • Prodcom 10861010 - Homogenised preparations of meat, meat offal or blood (excluding sausages and similar products of meat, food preparations based on these products)
  • Prodcom 10131505 - Prepared or preserved goose or duck liver (excluding sausages and prepared meals and dishes)
  • Prodcom 10131515 - Prepared or preserved liver of other animals (excluding sausages and prepared meals and dishes)
  • Prodcom 10131525 - Prepared or preserved meat or offal of turkeys (excluding sausages, preparations of liver and prepared meals and dishes)
  • Prodcom 10131535 - Other prepared or preserved poultry meat (excluding sausages, preparations of liver and prepared meals and dishes)
  • Prodcom 10131545 - Prepared or preserved meat of swine: hams and cuts thereof (excluding prepared meals and dishes)
  • Prodcom 10131555 - Prepared or preserved meat of swine: shoulders and cuts thereof, of swine (excluding prepared meals and dishes)
  • Prodcom 10131565 - Prepared or preserved meat, offal and mixtures of domestic swine, including mixtures, containing < .40 % meat or offal of any kind and fats of any kind (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
  • Prodcom 10131575 - Other prepared or preserved meat, offal and mixtures of
  • Prodcom 10131585 - Prepared or preserved meat or offal of bovine animals (excluding sausages and similar products, homogenised preparations, preparations of liver and prepared meals and dishes)
  • Prodcom 10131595 - Other prepared or preserved meat or offal, including blood
  • Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
  • Prodcom 10851300 - Prepared meals and dishes based on vegetables
  • Prodcom 10391800 - Vegetables (excluding potatoes), fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid
  • Prodcom 100000Z3 - Vegetables (except potatoes), preserved otherwise than by vinegar or acetic acid, including prepared vegetable dishes

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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