Price for Flour, Meal, and Flakes of Potatoes in Pakistan - 2023

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Pakistan (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Pakistan (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Pakistan
4. Exports of Flour, Meal, and Flakes of Potatoes in Pakistan

Price for Flour, Meal, and Flakes of Potatoes in Pakistan (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $1,327 per ton, increasing by 1.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 352% against the previous year. The import price peaked at $1,499 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 Germany ($1,919 per ton), while the price for Belgium ($1,074 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Flour, Meal, and Flakes of Potatoes in Pakistan (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $621 per ton, increasing by 31% against the previous year. Over the period under review, the export price posted moderate growth. The pace of growth appeared the most rapid in 2020 an increase of 242% against the previous year. As a result, the export price reached the peak level of $3,162 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($783 per ton), while the average price for exports to the Netherlands ($405 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 Nigeria (+58.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Flour, Meal, and Flakes of Potatoes in Pakistan

In 2022, the amount of flour, meal, and flakes of potatoeses imported into Pakistan declined notably to 2.8K tons, which is down by -25% against the year before. In general, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when imports increased by 70% against the previous year. As a result, imports reached the peak of 3.7K tons, and then dropped dramatically in the following year.

In value terms, imports of flour, meal, and flakes of potatoeses fell markedly to $3.7M in 2022. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 73%.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Pakistan in 2022:

1. Netherlands (2188.9 tons)
2. Belgium (459.2 tons)
3. Poland (67.5 tons)
4. Germany (42.5 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Pakistan

In 2022, the amount of flour, meal, and flakes of potatoeses exported from Pakistan declined notably to 4.4 tons, shrinking by -85.1% compared with 2021. Overall, exports faced a precipitous slump. The growth pace was the most rapid in 2021 when exports increased by 41%.

In value terms, exports of flour, meal, and flakes of potatoeses shrank significantly to $2.7K in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -48.1% was in 2020.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Pakistan in 2022:

1. Mozambique (2803.0 kg)
2. Tanzania (659.0 kg)
3. Canada (604.0 kg)
4. Netherlands (247.0 kg)

Source: IndexBox Market Intelligence Platform