Pakistan: Pork Market Overview 2021

Pork Market Size in Pakistan

The Pakistani pork market shrank remarkably to $X in 2019, with a decrease of -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 a sharp descent. The pace of growth was the most pronounced in 2009 when the market value increased by X% y-o-y. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Pork Exports

Exports from Pakistan

In 2019, shipments abroad of pork decreased by -X% to X tonnes, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes. From 2010 to 2019, the growth exports remained at a lower figure.

In value terms, pork exports rose significantly to $X in 2019. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. As a result, exports reached the peak of $X. From 2010 to 2019, the growth exports failed to regain the momentum.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for pork exports from Pakistan, accounting for a X% share of total exports. Moreover, pork exports to the United Arab Emirates exceeded the volume sent to the second major destination, Guyana (X kg), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and Slovakia (+X% per year).

In value terms, the United Arab Emirates ($X), Guyana ($X) and Slovakia ($X) constituted the largest markets for pork exported from Pakistan worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, the United Arab Emirates (+X% per year) recorded the highest growth rate of 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

The average pork export price stood at $X per tonne in 2019, jumping by X% against the previous year. Over the period under review, the export price showed a strong increase. Over the period under review, average export prices attained the maximum at $X per tonne in 2010; however, from 2011 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Guyana ($X per tonne), while the average price for exports to the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 mixed trend patterns.

Pork Imports

Imports into Pakistan

In 2019, the amount of pork imported into Pakistan shrank significantly to X tonnes, falling by -X% on the previous year. Over the period under review, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

In value terms, pork imports shrank remarkably to $X in 2019. In general, imports faced a sharp reduction. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Brazil (X tonnes) constituted the largest supplier of pork to Pakistan, with a X% share of total imports. Moreover, pork imports from Brazil exceeded the figures recorded by the second-largest supplier, Canada (X tonnes), threefold. The third position in this ranking was occupied by Italy (X kg), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Brazil stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Italy (-X% per year).

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

From 2007 to 2019, the average annual rate of growth in terms of value from Brazil amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (-X% per year) and Italy (-X% per year).

Import Prices by Country

The average pork import price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the import price, however, showed a pronounced decline. The growth pace was the most rapid in 2009 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2010; however, from 2011 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for pork in the world?

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The country with the largest volume of pork consumption was China (44M tonnes), accounting for 40% of total volume. Moreover, pork consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (11M tonnes), fourfold. The third position in this ranking was occupied by Germany (4.4M tonnes), with a 4% share.

What are the largest producers of pork in the world?

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China (43M tonnes) constituted the country with the largest volume of pork production, accounting for 39% of total volume. Moreover, pork production in China exceeded the figures recorded by the second-largest producer, the U.S. (13M tonnes), threefold. The third position in this ranking was occupied by Germany (5.2M tonnes), with a 4.8% share.

What are the leading suppliers of pork to Pakistan?

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In value terms, Brazil ($6.5K) constituted the largest supplier of pork to Pakistan, comprising 59% of total imports. The second position in the ranking was occupied by Canada ($2K), with a 18% share of total imports. It was followed by Italy, with a 9.7% share.

What are the leading importers of pork from Pakistan?

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In value terms, the United Arab Emirates ($8.1K), Guyana ($6.8K) and Slovakia ($4.5K) appeared to be the largest markets for pork exported from Pakistan worldwide, with a combined 100% share of total exports.

What is the average export price for pork in Pakistan?

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In 2019, the average pork export price amounted to $4,715 per tonne, jumping by 126% against the previous year.

What is the average import price for pork in Pakistan?

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In 2019, the average pork import price amounted to $1,599 per tonne, rising by 25% against the previous year.