Pakistan: Chick Peas Market 2024

Chick Peas Market Size in Pakistan

In 2022, after four years of decline, there was significant growth in the Pakistani chick peas market, when its value increased by X% to $X. In general, consumption enjoyed temperate growth. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Chick Peas Production in Pakistan

In value terms, chick peas production expanded notably to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of chick peas in Pakistan soared to X kg per ha in 2022, jumping by X% on 2021. Overall, the yield enjoyed a temperate increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the yield reached the peak level of X kg per ha. From 2014 to 2022, the growth of the average chick peas yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of chick peas production in Pakistan contracted to X ha, which is down by X% against 2021 figures. Overall, the harvested area saw a mild setback. The pace of growth was the most pronounced in 2017 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to chick peas production attained the peak figure at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Chick Peas Exports

Exports from Pakistan

For the fifth consecutive year, Pakistan recorded growth in overseas shipments of chick peas, which increased by X% to X tons in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, chick peas exports soared to $X in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Sri Lanka (X tons) was the main destination for chick peas exports from Pakistan, accounting for a X% share of total exports. It was followed by Australia (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Sri Lanka totaled X%.

In value terms, Sri Lanka ($X) emerged as the key foreign market for chick peas exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Australia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sri Lanka amounted to X%.

Export Prices by Country

In 2022, the average chick peas export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Sri Lanka totaled $X per ton.

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

Chick Peas Imports

Imports into Pakistan

After four years of decline, overseas purchases of chick peas increased by X% to X tons in 2022. In general, imports continue to indicate a strong increase. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, chick peas imports surged to $X in 2022. Over the period under review, imports showed a resilient expansion. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest chick peas supplier to Pakistan, accounting for a X% share of total imports. Moreover, chick peas imports from Australia exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (X% per year) and Russia (X% per year).

In value terms, Australia ($X) constituted the largest supplier of chick peas to Pakistan, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (X% per year) and Canada (X% per year).

Import Prices by Country

The average chick peas import price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. 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 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 Canada ($X per ton), while the price for Sudan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform