Report Update: May 1, 2024

Pakistan - Fresh Or Chilled Carcases Of Beef And Veal - Market Analysis, Forecast, Size, Trends And Insights

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Fresh Beef Carcase Price in Pakistan - 2023

Fresh Beef Carcase Price in Pakistan (FOB) - 2023

The average fresh beef carcase export price stood at $3,599 per ton in February 2023, falling by -8.5% against the previous month. In general, the export price showed a mild shrinkage. The growth pace was the most rapid in August 2022 when the average export price increased by 45% against the previous month. As a result, the export price reached the peak level of $6,320 per ton. From September 2022 to February 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In February 2023, the country with the highest price was Kuwait ($4,949 per ton), while the average price for exports to Bahrain ($3,258 per ton) was amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (-0.8%), while the prices for the other major destinations experienced a decline.

Fresh Beef Carcase Price in Pakistan (CIF) - 2022

The average fresh beef carcase import price stood at $5,517 per ton in 2022, falling by -34.3% against the previous year. Over the period under review, the import price, however, saw perceptible growth. The pace of growth appeared the most rapid in 2019 an increase of 271%. The import price peaked at $8,401 per ton in 2021, and then contracted markedly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($11,274 per ton), while the price for India amounted to $793 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-5.7%).

Fresh Beef Carcase Exports in Pakistan

After three years of growth, overseas shipments of fresh or chilled carcases of beef and veal decreased by -82.2% to 11K tons in 2022. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 19%.

In value terms, fresh beef carcase exports shrank notably to $48M in 2022. Over the period under review, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 21% against the previous year. As a result, the exports attained the peak of $270M, and then dropped sharply in the following year.

Export of Fresh Beef Carcase in Pakistan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	95.5	102	139	23.1	-37.7%
Kuwait	34.8	38.0	46.5	7.7	-39.5%
Saudi Arabia	31.5	30.8	28.6	5.0	-45.9%
Bahrain	10.6	15.7	13.9	3.8	-29.0%
Qatar	11.0	16.3	20.5	3.6	-31.1%
Afghanistan	10.6	13.1	14.4	2.6	-37.4%
Oman	8.5	7.3	6.4	1.2	-47.9%
Others	0.4	0.4	0.4	0.7	20.5%
Total	203	224	270	47.7	-38.3%

Top Export Markets for Fresh Beef Carcase from Pakistan in 2022:

United Arab Emirates (5.6K tons)
Kuwait (1.6K tons)
Saudi Arabia (1.2K tons)
Qatar (1.0K tons)
Bahrain (0.8K tons)
Afghanistan (0.8K tons)
Oman (0.3K tons)

Fresh Beef Carcase Imports in Pakistan

In 2022, supplies from abroad of fresh or chilled carcases of beef and veal decreased by -29.9% to 40 tons, falling for the second consecutive year after two years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 61%. As a result, imports attained the peak of 64 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fresh beef carcase imports fell notably to $218K in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 when imports increased by 67% against the previous year. As a result, imports attained the peak of $481K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Fresh Beef Carcase in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Arab Emirates	261	381	429	200	-8.5%
India	20.9	41.3	42.9	17.2	-6.3%
Oman	N/A	57.1	N/A	N/A	0%
Others	5.4	1.8	1.6	0.7	-49.4%
Total	287	481	473	218	-8.8%

Top Suppliers of Fresh Beef Carcase to Pakistan in 2022:

India (21.7 tons)
United Arab Emirates (17.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fresh beef carcase 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 10111140 - Fresh or chilled carcases, half-carcases and quarters with bone in, of beef and veal

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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