Pakistan: Lactose Market 2024

Lactose Market Size in Pakistan

In 2022, the Pakistani lactose market increased by X% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption showed a strong expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Lactose Exports

Exports from Pakistan

In 2022, exports of lactose and lactose syrup from Pakistan shrank significantly to X tons, falling by X% compared with 2021 figures. Over the period under review, exports faced a dramatic curtailment. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, lactose exports shrank rapidly to $X in 2022. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for lactose exports from Pakistan, accounting for a X% share of total exports. Moreover, lactose exports to the United Arab Emirates exceeded the volume sent to the second major destination, South Africa (X tons), fourfold. Kyrgyzstan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate 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: South Africa (X% per year) and Kyrgyzstan (X% per year).

In value terms, the United Arab Emirates ($X), South Africa ($X) and Kyrgyzstan ($X) appeared to be the largest markets for lactose exported from Pakistan worldwide, with a combined X% share of total exports.

Among the main countries of destination, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average lactose export price amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($X per ton), while the average price for exports to the United Arab Emirates ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Lactose Imports

Imports into Pakistan

In 2022, purchases abroad of lactose and lactose syrup increased by X% to X tons, rising for the sixth consecutive year after two years of decline. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, lactose imports skyrocketed to $X in 2022. Over the period under review, imports saw a prominent increase. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of lactose imports to Pakistan, together accounting for X% of total imports. France, the Netherlands, New Zealand and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Italy ($X) appeared to be the largest lactose suppliers to Pakistan, together accounting for X% of total imports. France, the Netherlands, New Zealand and India lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lactose import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2016 an increase of X% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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