Latest Report Update: Apr 19, 2021

Pakistan - Animal Fats And Oils - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Pakistan: Animal Fats Market Overview 2021

Animal Fats Market Size in Pakistan

In 2019, after four years of growth, there was significant decline in the Pakistani animal fats market, when its value decreased by -X% to $X. Over the period under review, the total consumption indicated a pronounced expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X, and then reduced markedly in the following year.

Animal Fats Production in Pakistan

In value terms, animal fats production shrank notably to $X in 2019 estimated in export prices. Overall, production recorded a tangible increase. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then shrank remarkably in the following year.

Animal Fats Exports

Exports from Pakistan

In 2019, the amount of animal fats and oils exported from Pakistan declined sharply to X tonnes, with a decrease of -X% compared with the year before. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, animal fats exports dropped remarkably to $X in 2019. Over the period under review, exports recorded a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Hong Kong SAR (X tonnes) was the main destination for animal fats exports from Pakistan, with a X% share of total exports. Moreover, animal fats exports to Hong Kong SAR exceeded the volume sent to the second major destination, Afghanistan (X kg), threefold.

From 2007 to 2019, the average annual growth rate of volume to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-X% per year) and Yemen (X% per year).

In value terms, Hong Kong SAR ($X) remains the key foreign market for animal fats exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of value to Hong Kong SAR was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Afghanistan (-X% per year) and Yemen (X% per year).

Export Prices by Country

In 2019, the average animal fats export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per tonne in 2017; however, from 2018 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Hong Kong SAR ($X per tonne), while the average price for exports to Yemen ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Afghanistan, while the prices for the other major destinations experienced mixed trend patterns.

Animal Fats Imports

Imports into Pakistan

In 2019, the amount of animal fats and oils imported into Pakistan fell to X tonnes, shrinking by -X% against 2018 figures. In general, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tonnes. From 2016 to 2019, the growth imports failed to regain the momentum.

In value terms, animal fats imports skyrocketed to $X in 2019. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

In 2019, Saudi Arabia (X tonnes) constituted the largest supplier of animal fats to Pakistan, accounting for a X% share of total imports. Moreover, animal fats imports from Saudi Arabia exceeded the figures recorded by the second-largest supplier, Kuwait (X tonnes), sixfold.

From 2007 to 2019, the average annual growth rate of volume from Saudi Arabia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+X% per year) and Malaysia (+X% per year).

In value terms, Saudi Arabia ($X) constituted the largest supplier of animal fats to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Kuwait ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Saudi Arabia totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kuwait (+X% per year) and Malaysia (+X% per year).

Import Prices by Country

The average animal fats import price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the import price continues to indicate strong growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2019 and is expected to retain growth in years to come.

Prices varied noticeably by the country of origin; the country with the highest price was Malaysia ($X per tonne), while the price for Kuwait ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for animal fats and oils in the world?
+
China (400K tonnes) remains the largest animal fats consuming country worldwide, accounting for 16% of total volume. Moreover, animal fats consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (184K tonnes), twofold. Italy (160K tonnes) ranked third in terms of total consumption with a 6.3% share.
What are the largest producers of animal fats and oils in the world?
+
China (404K tonnes) constituted the country with the largest volume of animal fats production, comprising approx. 16% of total volume. Moreover, animal fats production in China exceeded the figures recorded by the second-largest producer, the U.S. (183K tonnes), twofold. The third position in this ranking was occupied by Italy (160K tonnes), with a 6.3% share.
What are the leading suppliers of animal fats and oils to Pakistan?
+
In value terms, Saudi Arabia ($880K) constituted the largest supplier of animal fats to Pakistan, comprising 78% of total imports. The second position in the ranking was occupied by Kuwait ($113K), with a 10% share of total imports.
What are the leading importers of animal fats and oils from Pakistan?
+
In value terms, Hong Kong SAR ($3.8K) remains the key foreign market for animal fats exports from Pakistan, comprising 84% of total exports. The second position in the ranking was occupied by Afghanistan ($606), with a 13% share of total exports.
What is the average export price for animal fats and oils in Pakistan?
+
In 2019, the average animal fats export price amounted to $2,278 per tonne, declining by -22.9% against the previous year.
What is the average import price for animal fats and oils in Pakistan?
+
The average animal fats import price stood at $2,481 per tonne in 2019, rising by 38% against the previous year.

Product coverage:
• Prodcom 10416030 - Animal fats and oils and their fractions partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, but not further prepared (including refined)

This report provides an in-depth analysis of the animal fats market 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

Webinar: Global Fertilizer Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global fertilizer market.



Thursday, May 13th, 2021 @ 04:00 pm ET


Register

Webinar: Global Graphite Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global graphite market.



Tuesday, May 18th, 2021 @ 04:00 pm ET


Register

Webinar: Global Hydrogen Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global hydrogen market.



Tuesday, May 25th, 2021 @ 04:00 pm ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data