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

Pakistan - Frozen Vegetable - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Vegetable Price in Pakistan - 2023

Contents:

  1. Frozen Vegetable Price in Pakistan (CIF) - 2022
  2. Frozen Vegetable Price in Pakistan (FOB) - 2022
  3. Frozen Vegetable Imports in Pakistan
  4. Frozen Vegetable Exports in Pakistan

Frozen Vegetable Price in Pakistan (CIF) - 2022

The average frozen vegetable import price stood at $1,134 per ton in 2022, growing by 2.6% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 6.9%. Over the period under review, average import prices hit record highs at $1,343 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($1,326 per ton) and the Netherlands ($1,211 per ton), while the price for China ($942 per ton) and Belgium ($975 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Vegetable Price in Pakistan (FOB) - 2022

The average frozen vegetable export price stood at $1,214 per ton in 2022, with an increase of 93% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($3,097 per ton), while the average price for exports to Afghanistan ($208 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Vegetable Imports in Pakistan

Frozen vegetable imports into Pakistan dropped rapidly to 5.2K tons in 2022, which is down by -33.5% against the previous year. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports reached the peak of 7.8K tons, and then dropped dramatically in the following year.

In value terms, frozen vegetable imports shrank sharply to $5.9M in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 24%. As a result, imports attained the peak of $8.6M, and then shrank rapidly in the following year.

Import of Frozen Vegetable in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.81.52.52.953.6%
Egypt0.40.91.11.348.1%
Belgium0.30.40.50.732.6%
France0.30.70.80.518.6%
United States2.70.80.40.2-58.0%
China0.60.30.20.1-45.0%
India2.11.82.4N/A6.9%
Others1.00.50.70.2-41.5%
Total8.36.98.65.9-10.8%

Top Suppliers of Frozen Vegetable to Pakistan in 2022:

  1. Netherlands (2389.2 tons)
  2. Egypt (1197.7 tons)
  3. Belgium (719.2 tons)
  4. France (419.8 tons)
  5. United States (188.2 tons)
  6. China (103.7 tons)

Frozen Vegetable Exports in Pakistan

In 2022, shipments abroad of frozen vegetables decreased by -0.3% to 4.5K tons, falling for the second consecutive year after two years of growth. In general, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of 12K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, frozen vegetable exports soared to $5.5M in 2022. Overall, exports faced a abrupt contraction.

Export of Frozen Vegetable in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,3397272051,5966.0%
United Arab Emirates90.314460.1756103.1%
Canada797447226688-4.8%
United Kingdom1,6361,783379427-36.1%
Saudi Arabia83.320085.839367.7%
Kazakhstan5.61.245.5301277.4%
Australia19915222.42457.2%
Qatar4931,130192155-32.0%
Belgium17011448.1137-6.9%
Kuwait32729195.7110-30.5%
Russia6.24.244.595.5148.8%
Germany28133268.878.1-34.7%
Afghanistan2,9203,44467416.0-82.4%
Others8181,334709509-14.6%
Total9,16610,1032,8565,507-15.6%

Top Export Markets for Frozen Vegetable from Pakistan in 2022:

  1. Kazakhstan (1296.0 tons)
  2. United Arab Emirates (857.2 tons)
  3. United States (538.2 tons)
  4. Russia (400.0 tons)
  5. Canada (246.3 tons)
  6. Saudi Arabia (237.7 tons)
  7. United Kingdom (167.4 tons)
  8. Qatar (150.5 tons)
  9. Kuwait (132.8 tons)
  10. Belgium (101.6 tons)
  11. Australia (79.0 tons)
  12. Afghanistan (76.7 tons)
  13. Germany (48.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen vegetable 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:

  • FCL 473 - Vegetables, Frozen
  • FCL 447 - Sweet Corn, Frozen

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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