Pakistan: Fresh Beef Carcase Market 2024

Fresh Beef Carcase Market Size in Pakistan

The Pakistani fresh beef carcase market shrank to $X in 2022, declining by X% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Fresh beef carcase consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Fresh Beef Carcase Production in Pakistan

In value terms, fresh beef carcase production contracted slightly to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Fresh beef carcase production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Fresh Beef Carcase Exports

Exports from Pakistan

For the fifth consecutive year, Pakistan recorded growth in shipments abroad of fresh or chilled carcases of beef and veal, which increased by X% to X tons in 2022. Over the period under review, exports showed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fresh beef carcase exports surged to $X in 2022. In general, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

The United Arab Emirates (X tons) was the main destination for fresh beef carcase exports from Pakistan, accounting for a X% share of total exports. Moreover, fresh beef carcase exports to the United Arab Emirates exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. Kuwait (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Kuwait (X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for fresh or chilled carcases of beef and veal exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Kuwait ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United Arab Emirates totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kuwait (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The average fresh beef carcase export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Kuwait ($X per ton) and Saudi Arabia ($X per ton), while the average price for exports to Oman ($X per ton) and Qatar ($X per ton) were amongst the lowest.

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

Fresh Beef Carcase Imports

Imports into Pakistan

In 2022, supplies from abroad of fresh or chilled carcases of beef and veal decreased by X% to X kg, falling for the third consecutive year after two years of growth. Overall, imports continue to indicate a significant decrease. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, fresh beef carcase imports contracted sharply to $X in 2022. In general, imports faced a significant decrease. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Saudi Arabia (X kg) was the main fresh beef carcase supplier to Pakistan, with a approx. X% share of total imports.

From 2014 to 2022, the average annual rate of growth in terms of volume from Saudi Arabia amounted to X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of fresh or chilled carcases of beef and veal to Pakistan.

From 2014 to 2022, the average annual rate of growth in terms of value from Saudi Arabia stood at X%.

Import Prices by Country

In 2022, the average fresh beef carcase import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price, however, saw strong growth. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2014 to 2022, the rate of growth in terms of prices for the UK amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :