Pakistan: Market for Broad Beans And Horse Beans (Dry) 2022

Market Size for Broad Beans And Horse Beans (Dry) in Pakistan

The Pakistani market for broad beans and horse beans (dry) fell to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Broad Beans And Horse Beans (Dry)

Exports from Pakistan

Broad bean and horse bean exports from Pakistan stood at X tonnes in 2021, approximately equating the previous year. Overall, exports continue to indicate a buoyant increase. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, broad bean and horse bean exports stood at $X in 2021. Over the period under review, exports recorded a strong expansion. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X tonnes) was the main destination for broad bean and horse bean exports from Pakistan, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2012 to 2021, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average export price for broad beans and horse beans (dry) stood at $X per tonne in 2021, almost unchanged from the previous year. In general, the export price recorded a mild setback. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per tonne in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Imports of Broad Beans And Horse Beans (Dry)

Imports into Pakistan

In 2021, the amount of broad beans and horse beans (dry) imported into Pakistan shrank modestly to X tonnes, declining by -X% on the previous year's figure. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, broad bean and horse bean imports fell to $X in 2021. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tonnes), Australia (X tonnes) and Canada (X tonnes) were the main suppliers of broad bean and horse bean imports to Pakistan, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Canada (+X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of broad bean and horse bean to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by Egypt, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and Egypt (-X% per year).

Import Prices by Country

In 2021, the average import price for broad beans and horse beans (dry) amounted to $X per tonne, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Egypt (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform