Price for Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan - 2023

Contents:

  1. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (CIF) - 2022
  2. Price for Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (FOB) - 2022
  3. Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan
  4. Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (CIF) - 2022

The average import price for vegetables; seed potatoes, fresh or chilleds stood at $1,095 per ton in 2022, rising by 13% against the previous year. Overall, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for vegetables; seed potatoes, fresh or chilleds increased by +30.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 22% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Germany ($1,293 per ton) and the United States ($1,152 per ton), while the price for the Netherlands ($1,082 per ton) and China ($1,149 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (FOB) - 2022

In 2022, the average export price for vegetables; seed potatoes, fresh or chilleds amounted to $206 per ton, with a decrease of -22.7% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24%. The export price peaked at $761 per ton in 2012; however, from 2013 to 2022, 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 Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Qatar amounted to +3.1% per year.

Imports of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan

In 2022, supplies from abroad of vegetables; seed potatoes, fresh or chilleds decreased by -9.8% to 11K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 142% against the previous year. As a result, imports attained the peak of 14K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of vegetables; seed potatoes, fresh or chilleds amounted to $13M in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 143% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands4.310.211.511.137.2%
GermanyN/A0.60.20.60.0%
United StatesN/AN/A0.20.4100.0%
China0.20.30.40.314.5%
OthersN/A0.1N/A0.10.0%
Total4.611.212.312.539.5%

Top Suppliers of Vegetables; Seed Potatoes, Fresh or Chilled to Pakistan in 2022:

  1. Netherlands (10.3K tons)
  2. United States (0.4K tons)
  3. Germany (0.4K tons)
  4. China (0.3K tons)

Exports of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan

For the third year in a row, Pakistan recorded decline in overseas shipments of vegetables; seed potatoes, fresh or chilleds, which decreased by -98.8% to 285 tons in 2022. In general, exports faced a significant contraction. The smallest decline of -20.6% was in 2021.

In value terms, exports of vegetables; seed potatoes, fresh or chilleds reduced rapidly to $59K in 2022. Overall, exports faced a sharp decrease. The smallest decline of -10.5% was in 2021.

Export of Vegetables; Seed Potatoes, Fresh or Chilled in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
AfghanistanN/AN/AN/A0.10%
Qatar8.17.26.0N/A-13.9%
Others0.10.10.4N/A100.0%
Total8.27.26.50.1-77.0%

Top Export Markets for Vegetables; Seed Potatoes, Fresh or Chilled from Pakistan in 2022:

  1. Afghanistan (284.7 tons)

Source: IndexBox Market Intelligence Platform

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