Price for Fish Meal; Fit for Human Consumption in Pakistan - 2022
Contents:
- Price for Fish Meal; Fit for Human Consumption in Pakistan (FOB) - 2022
- Exports of Fish Meal; Fit for Human Consumption in Pakistan
Price for Fish Meal; Fit for Human Consumption in Pakistan (FOB) - 2022
The average export price for fish meal; fit for human consumptia stood at $706 per ton in November 2021, flattening at the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $712 per ton in March 2021; however, from April 2021 to November 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From January 2021 to November 2021, the rate of growth in terms of prices for China amounted to +0.1% per month.
Exports of Fish Meal; Fit for Human Consumption in Pakistan
In 2022, approx. 1.8K tons of fish meal; fit for human consumptia were exported from Pakistan; shrinking by -17.3% compared with the previous year. Over the period under review, exports saw a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 53%.
In value terms, exports of fish meal; fit for human consumptia fell markedly to $1.3M in 2022. In general, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 when exports increased by 55% against the previous year.
| Export of Fish Meal; Fit for Human Consumption in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 783 | 505 | 739 | 661 | -5.5% |
| China | 1,159 | 301 | 568 | 426 | -28.4% |
| Malaysia | 212 | 126 | 169 | 139 | -13.1% |
| Egypt | 120 | 54.3 | 55.8 | 35.1 | -33.6% |
| Others | 17.9 | 9.9 | 12.4 | 9.5 | -19.0% |
| Total | 2,292 | 996 | 1,545 | 1,270 | -17.9% |
Top Export Markets for Fish Meal; Fit for Human Consumption from Pakistan in 2022:
- China (1104.2 tons)
- Vietnam (558.0 tons)
- Malaysia (100.7 tons)
- Egypt (53.0 tons)
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