Pakistan: Frozen Potato Market 2022

Frozen Potato Market Size in Pakistan

In 2021, the Pakistani frozen potato market decreased by -X% to $X, falling for the fourth year in a row after three years of growth. In general, consumption, however, saw a slight increase. Frozen potato consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Frozen Potato Exports

Exports from Pakistan

In 2021, approx. X tons of frozen potatoes were exported from Pakistan; rising by X% against the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, frozen potato exports soared to $X in 2021. Over the period under review, exports enjoyed significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Afghanistan (X tons) was the main destination for frozen potato exports from Pakistan, with a X% share of total exports. Moreover, frozen potato exports to Afghanistan exceeded the volume sent to the second major destination, Sri Lanka (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Afghanistan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Afghanistan ($X) emerged as the key foreign market for frozen potato exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Afghanistan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sri Lanka (+X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2021, the average frozen potato export price amounted to $X per ton, waning by -X% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2021, the countries with the highest prices were the United Arab Emirates ($X per ton) and Kuwait ($X per ton), while the average price for exports to Oman ($X per ton) and Sri Lanka ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-X%), while the prices for the other major destinations experienced a decline.

Frozen Potato Imports

Imports into Pakistan

In 2021, supplies from abroad of frozen potatoes was finally on the rise to reach X tons after three years of decline. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, frozen potato imports surged to $X in 2021. Overall, imports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Egypt (X tons) and Belgium (X tons) were the main suppliers of frozen potato imports to Pakistan, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Egypt (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato suppliers to Pakistan were the Netherlands ($X), Egypt ($X) and Belgium ($X), together comprising X% of total imports.

Among the main suppliers, Egypt, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were France ($X per ton) and the Netherlands ($X per ton), while the price for Belgium ($X per ton) and Egypt ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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