Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan - 2023
Contents:
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (FOB) - 2022
- Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (CIF) - 2022
- Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan
- Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (FOB) - 2022
In 2022, the average export price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $2,966 per ton, reducing by -20.7% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 64% against the previous year. Over the period under review, the average export prices attained the maximum at $3,886 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($4,323 per ton), while the average price for exports to the United States ($2,474 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 Afghanistan (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (CIF) - 2022
In 2022, the average import price for soups and broths and preparations therefor; homogenised composite food preparationses amounted to $1,244 per ton, flattening at the previous year. In general, the import price, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 33%. As a result, import price reached the peak level of $3,912 per ton. From 2017 to 2022, the average 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 the United Arab Emirates ($2,176 per ton), while the price for Canada ($560 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+27.8%), while the prices for the other major suppliers experienced a decline.
Exports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan
In 2022, overseas shipments of soups and broths and preparations therefor; homogenised composite food preparationses were finally on the rise to reach 351 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep downturn.
In value terms, exports of soups and broths and preparations therefor; homogenised composite food preparationses soared to $1M in 2022. Overall, exports, however, recorded a deep slump.
| Export of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 1,423 | 470 | 327 | 901 | -14.1% |
| Canada | 39.1 | 59.0 | 59.5 | 67.2 | 19.8% |
| United States | 9.8 | 17.1 | 28.0 | 19.7 | 26.2% |
| United Arab Emirates | N/A | 40.0 | 25.9 | 4.3 | -67.2% |
| Others | 82.8 | 37.6 | 46.2 | 48.3 | -16.4% |
| Total | 1,555 | 624 | 486 | 1,040 | -12.5% |
Top Export Markets for Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations from Pakistan in 2022:
- Afghanistan (309.5 tons)
- Canada (15.5 tons)
- United States (8.0 tons)
- United Arab Emirates (2.0 tons)
Imports of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan
In 2022, purchases abroad of soups and broths and preparations therefor; homogenised composite food preparationses decreased by -18.7% to 127 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 334%.
In value terms, imports of soups and broths and preparations therefor; homogenised composite food preparationses reduced markedly to $158K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 142%.
| Import of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Jordan | 14.0 | 65.6 | 65.8 | 69.4 | 70.5% |
| Saudi Arabia | 3.0 | 54.1 | 26.0 | 50.1 | 155.6% |
| China | 2.1 | 4.3 | 18.0 | 26.7 | 133.4% |
| Canada | N/A | N/A | N/A | 10.1 | 0% |
| United Arab Emirates | 38.7 | 8.1 | 68.8 | N/A | 33.3% |
| Iran | N/A | N/A | 4.4 | N/A | 0% |
| Others | 5.7 | 21.2 | 10.8 | 1.8 | -31.9% |
| Total | 63.4 | 153 | 194 | 158 | 35.6% |
Top Suppliers of Soups and Broths and Preparations Therefor; Homogenised Composite Food Preparations to Pakistan in 2022:
- Jordan (59.9 tons)
- Saudi Arabia (30.3 tons)
- Canada (18.0 tons)
- China (18.0 tons)
- Iran (0.1 tons)
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