Pakistan: Mustard Seed Market 2022

Mustard Seed Market Size in Pakistan

The Pakistani mustard seed market declined to $X in 2021, falling by -X% against the previous year. Overall, consumption saw buoyant growth. Mustard seed consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mustard Seed Production in Pakistan

In value terms, mustard seed production shrank to $X in 2021 estimated in export prices. In general, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% year-to-year. As a result, production attained the peak level of $X, and then reduced in the following year.

In 2021, the average yield of mustard seed in Pakistan was estimated at less than X kg per ha, approximately reflecting the previous year. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the mustard seed harvested area in Pakistan amounted to less than X ha, therefore, remained relatively stable against the year before. Overall, the harvested area recorded a relatively flat trend pattern.

Mustard Seed Exports

Exports from Pakistan

In 2021, mustard seed exports from Pakistan skyrocketed to X tonnes, rising by X% on 2020 figures. In general, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, mustard seed exports surged to $X in 2021. Overall, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Malaysia (X tonnes) was the main destination for mustard seed exports from Pakistan, with a X% share of total exports. Moreover, mustard seed exports to Malaysia exceeded the volume sent to the second major destination, Azerbaijan (X tonnes), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Malaysia totaled +X%.

In value terms, Malaysia ($X) remains the key foreign market for mustard seed exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Azerbaijan ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Malaysia amounted to +X%.

Export Prices by Country

In 2021, the average mustard seed export price amounted to $X per tonne, waning by -X% against the previous year. Overall, export price indicated measured growth from 2012 to 2021: its price 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. Based on 2021 figures, mustard seed export price increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The export price peaked at $X per tonne in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Azerbaijan stood at $X per tonne.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+X%).

Mustard Seed Imports

Imports into Pakistan

After two years of decline, purchases abroad of mustard seed increased by X% to X tonnes in 2021. Over the period under review, imports recorded a resilient expansion. Imports peaked at X tonnes in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, mustard seed imports soared to $X in 2021. Overall, imports posted a significant increase. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tonnes) was the main mustard seed supplier to Pakistan, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of mustard seed to Pakistan.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

In 2021, the average mustard seed import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2020 an increase of X% y-o-y. As a result, import price reached the peak level of $X per tonne, and then reduced notably in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform