Pakistan - Mixed Condiments, Sauses and Seasonings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Mixed Condiment, Sause and Seasoning in Pakistan - 2023
Contents:
- Price for Mixed Condiment, Sause and Seasoning in Pakistan (CIF) - 2023
- Price for Mixed Condiment, Sause and Seasoning in Pakistan (FOB) - 2023
- Imports of Mixed Condiment, Sause and Seasoning in Pakistan
- Exports of Mixed Condiment, Sause and Seasoning in Pakistan
Price for Mixed Condiment, Sause and Seasoning in Pakistan (CIF) - 2023
In February 2023, the average import price for mixed condiments, sauses and seasonings amounted to $2,022 per ton, declining by -29% against the previous month. Overall, the import price saw a slight contraction. The most prominent rate of growth was recorded in July 2022 when the average import price increased by 40% month-to-month. Over the period under review, average import prices attained the peak figure at $2,957 per ton in November 2022; however, from December 2022 to February 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2023, the country with the highest price was Thailand ($2,640 per ton), while the price for Indonesia ($1,423 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by South Africa (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mixed Condiment, Sause and Seasoning in Pakistan (FOB) - 2023
The average export price for mixed condiments, sauses and seasonings stood at $2,059 per ton in February 2023, with a decrease of -11.9% against the previous month. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2022 when the average export price increased by 19% against the previous month. The export price peaked at $2,623 per ton in July 2022; however, from August 2022 to February 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In February 2023, the countries with the highest prices were Australia ($2,059 per ton) and the United States ($2,059 per ton), while the average price for exports to Canada ($2,059 per ton) and the UK ($2,059 per ton) were amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.2%), while the prices for the other major destinations experienced a decline.
Imports of Mixed Condiment, Sause and Seasoning in Pakistan
In 2022, the amount of mixed condiments, sauses and seasonings imported into Pakistan expanded sharply to 2.2K tons, growing by 13% on the previous year's figure. The total import volume increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 33%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, mixed condiment, sause and seasoning imports soared to $5.4M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Mixed Condiment, Sause and Seasoning in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 1,356 | 864 | 1,351 | 1,797 | 9.8% |
| Thailand | 446 | 757 | 732 | 973 | 29.7% |
| United States | 517 | 389 | 457 | 600 | 5.1% |
| Philippines | 361 | 146 | 344 | 458 | 8.3% |
| China | 142 | 149 | 285 | 379 | 38.7% |
| Indonesia | 149 | 190 | 187 | 249 | 18.7% |
| Malaysia | 167 | 246 | 140 | 241 | 13.0% |
| Oman | 177 | 204 | 111 | 215 | 6.7% |
| Others | 369 | 302 | 415 | 500 | 10.7% |
| Total | 3,685 | 3,247 | 4,021 | 5,413 | 13.7% |
Top Suppliers of Mixed Condiment, Sause and Seasoning to Pakistan in 2022:
- United Arab Emirates (655.9 tons)
- Thailand (392.3 tons)
- United States (273.4 tons)
- Philippines (216.1 tons)
- China (184.0 tons)
- Indonesia (117.9 tons)
- Oman (100.4 tons)
- Malaysia (82.2 tons)
Exports of Mixed Condiment, Sause and Seasoning in Pakistan
In 2022, exports of mixed condiments, sauses and seasonings from Pakistan expanded markedly to 1.8K tons, with an increase of 7.8% compared with the year before. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 54% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, mixed condiment, sause and seasoning exports soared to $4.3M in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Mixed Condiment, Sause and Seasoning in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 495 | 1,060 | 845 | 1,016 | 27.1% |
| Canada | 206 | 295 | 536 | 645 | 46.3% |
| United Arab Emirates | 212 | 343 | 399 | 480 | 31.3% |
| United Kingdom | 106 | 229 | 316 | 379 | 52.9% |
| Australia | 156 | 205 | 313 | 376 | 34.1% |
| Saudi Arabia | 97.2 | 59.3 | 190 | 228 | 32.9% |
| Afghanistan | 98.6 | 227 | 178 | 214 | 29.5% |
| Italy | 18.1 | 54.2 | 84.6 | 102 | 78.0% |
| Qatar | 64.3 | 94.9 | 59.0 | 86.1 | 10.2% |
| Mozambique | 34.5 | 38.9 | 65.4 | 78.7 | 31.6% |
| Oman | 103 | 3.3 | 38.0 | 58.4 | -17.2% |
| Others | 282 | 441 | 624 | 622 | 30.2% |
| Total | 1,873 | 3,049 | 3,648 | 4,285 | 31.8% |
Top Export Markets for Mixed Condiment, Sause and Seasoning from Pakistan in 2022:
- United States (401.6 tons)
- Canada (264.5 tons)
- United Arab Emirates (200.2 tons)
- Afghanistan (169.6 tons)
- Australia (146.9 tons)
- United Kingdom (144.0 tons)
- Saudi Arabia (84.3 tons)
- Italy (45.1 tons)
- Oman (38.4 tons)
- Qatar (34.7 tons)
- Mozambique (33.1 tons)
This report provides an in-depth analysis of the market for mixed condiment, sause and seasoning 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 10841270 - Sauces and preparations therefor, mixed condiments and mixed seasonings (excluding soya sauce, tomato ketchup, o ther tomato sauces, mustard flour or meal and prepared mustard)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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