Latest Report Update: Nov 15, 2021

Pakistan - Olive Oil (Virgin) - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Virgin Olive Oil Market Overview 2021

Virgin Olive Oil Market Size in Pakistan

The Pakistani virgin olive oil market skyrocketed to $X in 2020, rising by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Virgin olive oil consumption peaked at $X in 2018; afterwards, it flattened through to 2020.

Virgin Olive Oil Exports

Exports from Pakistan

After three years of growth, overseas shipments of virgin olive oil decreased by -X% to X kg in 2020. In general, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, virgin olive oil exports soared to $X in 2020. Over the period under review, exports recorded a deep contraction. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Over the period under review, exports reached the peak figure at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

Canada (X kg) was the main destination for virgin olive oil exports from Pakistan, accounting for a X% share of total exports. Moreover, virgin olive oil exports to Canada exceeded the volume sent to the second major destination, the U.S. (X kg), fourfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Canada totaled +X%.

In value terms, Canada ($X) remains the key foreign market for virgin olive oil exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Canada stood at +X%.

Export Prices by Country

In 2020, the average virgin olive oil export price amounted to $X per tonne, increasing by X% against the previous year. In general, the export price enjoyed a strong increase. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Canada stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Canada.

Virgin Olive Oil Imports

Imports into Pakistan

In 2020, approx. X tonnes of virgin olive oil were imported into Pakistan; growing by X% against the year before. Overall, imports continue to indicate strong growth. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2020 and are expected to retain growth in the near future.

In value terms, virgin olive oil imports skyrocketed to $X in 2020. Over the period under review, imports saw a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; afterwards, it flattened through to 2020.

Imports by Country

In 2020, Spain (X tonnes) constituted the largest virgin olive oil supplier to Pakistan, accounting for a X% share of total imports. Moreover, virgin olive oil imports from Spain exceeded the figures recorded by the second-largest supplier, Tunisia (X tonnes), more than tenfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Spain totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+X% per year) and Italy (+X% per year).

In value terms, Spain ($X) constituted the largest supplier of virgin olive oil to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Spain amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Tunisia (+X% per year) and Italy (+X% per year).

Import Prices by Country

The average virgin olive oil import price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% year-to-year. Over the period under review, average import prices reached the maximum at $X per tonne in 2008; however, from 2009 to 2020, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2020, the countries with the highest prices were Italy ($X per tonne) and Tunisia ($X per tonne), while the price for Spain ($X per tonne) and Turkey ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for virgin olive oil in the world?
+
Spain (1.3M tonnes) constituted the country with the largest volume of virgin olive oil consumption, comprising approx. 33% of total volume. Moreover, virgin olive oil consumption in Spain exceeded the figures recorded by the second-largest consumer, Italy (498K tonnes), threefold. The U.S. (313K tonnes) ranked third in terms of total consumption with a 7.7% share.
What are the largest producers of virgin olive oil in the world?
+
Spain (1.9M tonnes) remains the largest virgin olive oil producing country worldwide, comprising approx. 49% of total volume. Moreover, virgin olive oil production in Spain exceeded the figures recorded by the second-largest producer, Tunisia (466K tonnes), fourfold. The third position in this ranking was occupied by Greece (329K tonnes), with a 8.3% share.
What are the leading suppliers of virgin olive oil to Pakistan?
+
In value terms, Spain ($2.5M) constituted the largest supplier of virgin olive oil to Pakistan, comprising 89% of total imports. The second position in the ranking was occupied by Tunisia ($140K), with a 5% share of total imports. It was followed by Italy, with a 3.7% share.
What are the leading importers of virgin olive oil from Pakistan?
+
In value terms, Canada ($936) remains the key foreign market for virgin olive oil exports from Pakistan, comprising 71% of total exports. The second position in the ranking was occupied by the U.S. ($389), with a 29% share of total exports.
What is the average export price for virgin olive oil in Pakistan?
+
The average virgin olive oil export price stood at $21,371 per tonne in 2020, increasing by 711% against the previous year.
What is the average import price for virgin olive oil in Pakistan?
+
The average virgin olive oil import price stood at $3,775 per tonne in 2020, with an increase of 2.2% against the previous year.

Product coverage:
• FCL 261 - Oil of Olives, Virgin

This report provides an in-depth analysis of the virgin olive oil 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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