Pakistan: Almond Market 2024

Almond Market Size in Pakistan

After three years of growth, the Pakistani almond market decreased by X% to $X in 2022. Overall, consumption recorded a mild decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Almond Production in Pakistan

In value terms, almond production shrank to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

In 2022, the average almond yield in Pakistan fell modestly to X tons per ha, leveling off at the previous year's figure. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The almond yield peaked at X tons per ha in 2021, and then shrank slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The almond harvested area in Pakistan reached X ha in 2022, stabilizing at 2021 figures. In general, the harvested area, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. The almond harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Almond Exports

Exports from Pakistan

In 2022, the amount of almonds exported from Pakistan declined notably to X tons, reducing by X% against the previous year's figure. Overall, exports showed a sharp shrinkage. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, almond exports declined sharply to $X in 2022. Over the period under review, exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X tons) was the main destination for almond exports from Pakistan, with a X% share of total exports. It was followed by Canada (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK totaled X%.

In value terms, the UK ($X) emerged as the key foreign market for almonds exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK totaled X%.

Export Prices by Country

In 2022, the average almond export price amounted to $X per ton, jumping by X% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the average price for exports to the UK stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Almond Imports

Imports into Pakistan

In 2022, the amount of almonds imported into Pakistan contracted remarkably to X tons, with a decrease of X% against the previous year. In general, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, almond imports declined markedly to $X in 2022. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Afghanistan (X tons) constituted the largest supplier of almond to Pakistan, with a X% share of total imports. Moreover, almond imports from Afghanistan exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Afghanistan stood at X%.

In value terms, Afghanistan ($X) constituted the largest supplier of almonds to Pakistan, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Afghanistan stood at X%.

Import Prices by Country

The average almond import price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the import price, however, continues to indicate a modest expansion. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Afghanistan amounted to $X per ton.

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

Source: IndexBox Platform

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