Pakistan: Market for Flaked or Rolled Cereals 2024

Market Size for Flaked or Rolled Cereals in Pakistan

The Pakistani flaked or rolled cereal market rose slightly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption continues to indicate buoyant growth. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Flaked or Rolled Cereals in Pakistan

In value terms, flaked or rolled cereal production reached $X in 2022 estimated in export price. Overall, production saw buoyant growth. The growth pace was the most rapid in 2013 when the production volume increased by X%. Flaked or rolled cereal production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Exports of Flaked or Rolled Cereals

Exports from Pakistan

In 2022, the amount of flaked or rolled cereals exported from Pakistan expanded significantly to X tons, picking up by X% on 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, flaked or rolled cereal exports declined to $X in 2022. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at $X in 2021, and then dropped in the following year.

Exports by Country

Afghanistan (X tons) was the main destination for flaked or rolled cereal exports from Pakistan, with a X% share of total exports. Moreover, flaked or rolled cereal exports to Afghanistan exceeded the volume sent to the second major destination, Kazakhstan (X tons), more than tenfold. The third position in this ranking was held by Kyrgyzstan (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Afghanistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Kyrgyzstan (X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for flaked or rolled cereals exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Malaysia ($X), with a X% share of total exports. It was followed by Kazakhstan, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Afghanistan stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

In 2022, the average flaked or rolled cereal export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Kazakhstan ($X 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 Malaysia (X%).

Imports of Flaked or Rolled Cereals

Imports into Pakistan

Flaked or rolled cereal imports into Pakistan surged to X tons in 2022, growing by X% compared with the previous year. Overall, total imports indicated notable growth from 2012 to 2022: its volume 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. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, flaked or rolled cereal imports rose remarkably to $X in 2022. In general, imports saw strong growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sri Lanka (X tons) constituted the largest supplier of flaked or rolled cereal to Pakistan, accounting for a X% share of total imports. Moreover, flaked or rolled cereal imports from Sri Lanka exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), threefold. The UK (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sri Lanka totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, Sri Lanka ($X) constituted the largest supplier of flaked or rolled cereals to Pakistan, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total imports. It was followed by the UK, with an X% share.

From 2012 to 2022, the average annual growth rate of value from Sri Lanka totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

Import Prices by Country

The average flaked or rolled cereal import price stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, 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 Malaysia ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform