Price for Homogenised Composite Food Preparations in Pakistan - 2023

Contents:

1. Price for Homogenised Composite Food Preparations in Pakistan (FOB) - 2022
2. Price for Homogenised Composite Food Preparations in Pakistan (CIF) - 2022
3. Exports of Homogenised Composite Food Preparations in Pakistan
4. Imports of Homogenised Composite Food Preparations in Pakistan

Price for Homogenised Composite Food Preparations in Pakistan (FOB) - 2022

The average homogenised composite food preparations export price stood at $2,396 per ton in 2022, with a decrease of -28% against the previous year. In general, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by 84%. Over the period under review, the average export prices hit record highs at $4,968 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($5,674 per ton), while the average price for exports to Bahrain ($1,026 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 Democratic Republic of the Congo (+48.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Homogenised Composite Food Preparations in Pakistan (CIF) - 2022

In 2022, the average homogenised composite food preparations import price amounted to $6,080 per ton, rising by 71% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, homogenised composite food preparations import price increased by +106.9% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($59,948 per ton), while the price for Saudi Arabia totaled $3,351 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (-2.5%).

Exports of Homogenised Composite Food Preparations in Pakistan

After two years of decline, overseas shipments of homogenised composite food preparationses increased by 214% to 330 tons in 2022. Overall, exports, however, recorded a deep slump.

In value terms, homogenised composite food preparations exports soared to $791K in 2022. In general, exports, however, showed a abrupt descent.

Top Export Markets for Homogenised Composite Food Preparations from Pakistan in 2022:

1. Afghanistan (250.1 tons)
2. Bangladesh (29.7 tons)
3. Australia (9.4 tons)
4. Qatar (6.3 tons)
5. Bahrain (5.3 tons)
6. Canada (1.6 tons)
7. Mozambique (1.1 tons)

Imports of Homogenised Composite Food Preparations in Pakistan

In 2022, after three years of growth, there was significant decline in overseas purchases of homogenised composite food preparationses, when their volume decreased by -56.5% to 1.9 tons. In general, imports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of 4.5 tons, and then fell sharply in the following year.

In value terms, homogenised composite food preparations imports contracted dramatically to $12K in 2022. Overall, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 104%. As a result, imports reached the peak of $16K, and then contracted notably in the following year.

Top Suppliers of Homogenised Composite Food Preparations to Pakistan in 2022:

1. Saudi Arabia (1849.0 kg)
2. United Kingdom (83.0 kg)