Pakistan: Pork Market Overview 2021

Pork Market Size in Pakistan

In 2020, the Pakistani pork market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, consumption, however, continues to indicate a perceptible downturn. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. from 2010 to 2020, the growth of the market remained at a somewhat lower figure.

Pork Production in Pakistan

In value terms, pork production amounted to $X in 2020 estimated in export prices. Over the period under review, production saw a dramatic slump. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. from 2019 to 2020, production growth remained at a somewhat lower figure.

The average yield of pork in Pakistan totaled X kg per head in 2020, standing approx. at the previous year's figure. Overall, the yield saw a relatively flat trend pattern.

In 2020, the number of animals slaughtered for pork production in Pakistan amounted to X head, remaining relatively unchanged against the year before. In general, the number of producing animals showed a relatively flat trend pattern.

Pork Exports

Exports from Pakistan

In 2020, overseas shipments of pork decreased by -X% to X kg, falling for the second consecutive year after three years of growth. Overall, exports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2018 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, pork exports shrank significantly to $X in 2020. Over the period under review, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for pork exports from Pakistan, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the UK was relatively modest.

From 2007 to 2020, the average annual growth rate of value to the UK was relatively modest.

Export Prices by Country

In 2020, the average pork export price amounted to $X per tonne, surging by X% against the previous year. In general, the export price recorded significant growth. As a result, export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2007 to 2020, the rate of growth in terms of prices for the UK amounted to X% per year.

Pork Imports

Imports into Pakistan

In 2020, supplies from abroad of pork increased by X% to X tonnes, rising for the fifth consecutive year after two years of decline. Over the period under review, imports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2009 when imports increased by X% year-to-year. As a result, imports reached the peak of X tonnes. from 2010 to 2020, the growth imports remained at a lower figure.

In value terms, pork imports shrank slightly to $X in 2020. Overall, imports, however, showed a pronounced decrease. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. As a result, imports attained the peak of $X. from 2010 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, the U.S. (X tonnes) constituted the largest pork supplier to Pakistan, accounting for a X% share of total imports. Moreover, pork imports from the U.S. exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from the U.S. amounted to +X%.

In value terms, the U.S. ($X) constituted the largest supplier of pork to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the U.S. amounted to +X%.

Import Prices by Country

In 2020, the average pork import price amounted to $X per tonne, reducing by -X% against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2010 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per tonne. from 2011 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per tonne), while the price for Canada totaled $X per tonne.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pork in the world?

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China (47M tonnes) remains the largest pork consuming country worldwide, comprising approx. 42% of total volume. Moreover, pork consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (11M tonnes), fourfold. Russia (5M tonnes) ranked third in terms of total consumption with a 4.5% share.

What are the largest producers of pork in the world?

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China (43M tonnes) remains the largest pork producing country worldwide, accounting for 38% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, the U.S. (13M tonnes), threefold. Germany (5.3M tonnes) ranked third in terms of total production with a 4.7% share.

What are the leading suppliers of pork to Pakistan?

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In value terms, the U.S. ($2.5M) constituted the largest supplier of pork to Pakistan, comprising 74% of total imports. The second position in the ranking was occupied by Canada ($891K), with a 26% share of total imports.

What is the average export price for pork in Pakistan?

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In 2020, the average pork export price amounted to $595,000 per tonne, jumping by 15,913% against the previous year.

What is the average import price for pork in Pakistan?

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In 2020, the average pork import price amounted to $1,472 per tonne, declining by -15.1% against the previous year.