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Pakistan - Ghee - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Ghee Market Overview 2021

Ghee Market Size in Pakistan

The Pakistani ghee market rose rapidly to $X in 2020, growing by X% against the previous year. In general, the total consumption indicated strong growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Over the period under review, the market reached the maximum level in 2020 and is expected to retain growth in years to come.

Ghee Production in Pakistan

In value terms, ghee production expanded notably to $X in 2020 estimated in export prices. Overall, production showed buoyant growth. The growth pace was the most rapid in 2017 when the production volume increased by X% year-to-year. Ghee production peaked in 2020 and is expected to retain growth in the near future.

Ghee Exports

Exports from Pakistan

In 2020, shipments abroad of ghee increased by X% to X tonnes, rising for the third year in a row after two years of decline. In general, exports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Exports peaked at X tonnes in 2015; however, from 2016 to 2020, exports remained at a lower figure.

In value terms, ghee exports surged to $X in 2020. Overall, exports, however, enjoyed a moderate increase. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Exports peaked at $X in 2015; however, from 2016 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X tonnes) was the main destination for ghee exports from Pakistan, with a X% share of total exports. Moreover, ghee exports to the U.S. exceeded the volume sent to the second major destination, Australia (X tonnes), threefold. The third position in this ranking was occupied by Hong Kong SAR (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Hong Kong SAR (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for ghee exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Australia ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2020, the average ghee export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price posted a buoyant expansion. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per tonne), while the average price for exports to China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Ghee Imports

Imports into Pakistan

In 2020, overseas purchases of ghee decreased by -X% to X tonnes, falling for the third consecutive year after two years of growth. Over the period under review, imports faced a abrupt slump. The pace of growth appeared the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2017; however, from 2018 to 2020, imports remained at a lower figure.

In value terms, ghee imports reduced remarkably to $X in 2020. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Imports peaked at $X in 2017; however, from 2018 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the Netherlands (X tonnes) constituted the largest ghee supplier to Pakistan, accounting for a X% share of total imports. Moreover, ghee imports from the Netherlands exceeded the figures recorded by the second-largest supplier, New Zealand (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Netherlands stood at -X%.

In value terms, the largest ghee suppliers to Pakistan were the Netherlands ($X) and New Zealand ($X terms of the main suppliers, the Netherlands recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average ghee import price stood at $X per tonne in 2020, declining by -X% against the previous year. In general, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was New Zealand ($X per tonne), while the price for the Netherlands totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by New Zealand.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ghee in the world?
+
India (3.8M tonnes) remains the largest ghee consuming country worldwide, comprising approx. 74% of total volume. Moreover, ghee consumption in India exceeded the figures recorded by the second-largest consumer, Pakistan (876K tonnes), fourfold.
What are the largest producers of ghee in the world?
+
India (3.8M tonnes) remains the largest ghee producing country worldwide, accounting for 73% of total volume. Moreover, ghee production in India exceeded the figures recorded by the second-largest producer, Pakistan (876K tonnes), fourfold.
What are the leading suppliers of ghee to Pakistan?
+
In value terms, the largest ghee suppliers to Pakistan were the Netherlands ($22K) and New Zealand ($17K).
What are the leading importers of ghee from Pakistan?
+
In value terms, the U.S. ($250K) remains the key foreign market for ghee exports from Pakistan, comprising 50% of total exports. The second position in the ranking was occupied by Australia ($84K), with a 17% share of total exports. It was followed by Hong Kong SAR, with a 13% share.
What is the average export price for ghee in Pakistan?
+
In 2020, the average ghee export price amounted to $7,147 per tonne, growing by 31% against the previous year.
What is the average import price for ghee in Pakistan?
+
In 2020, the average ghee import price amounted to $2,129 per tonne, reducing by -18.8% against the previous year.

Product coverage:
• FCL 887 - Ghee from Cow Milk
• FCL 953 - Ghee, from Buffalo Milk

This report provides an in-depth analysis of the ghee market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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