Pakistan: Potato Market 2024

Potato Market Size in Pakistan

The Pakistani potato market expanded markedly to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Potato consumption peaked in 2022 and is likely to see steady growth in the near future.

Potato Production in Pakistan

In value terms, potato production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average potato yield in Pakistan reached X tons per ha, remaining relatively unchanged against 2021. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The potato yield peaked in 2022 and is likely to see gradual growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The potato harvested area in Pakistan soared to X ha in 2022, with an increase of X% compared with the year before. In general, the total harvested area indicated a prominent expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potato harvested area increased by X% against 2020 indices. As a result, the harvested area reached the peak level and is likely to continue growth in the immediate term.

Potato Exports

Exports from Pakistan

In 2022, shipments abroad of potatoes increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, potato exports soared to $X in 2022. Over the period under review, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Exports by Country

Sri Lanka (X tons), Afghanistan (X tons) and the United Arab Emirates (X tons) were the main destinations of potato exports from Pakistan, together comprising X% of total exports. Qatar, Malaysia, Oman, Kazakhstan and Russia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kazakhstan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sri Lanka ($X), the United Arab Emirates ($X) and Afghanistan ($X) were the largest markets for potato exported from Pakistan worldwide, with a combined X% share of total exports. Malaysia, Qatar, Oman, Kazakhstan and Russia lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Kazakhstan, with a CAGR of X%, 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

In 2022, the average potato export price amounted to $X per ton, falling by X% against the previous year. Overall, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Kazakhstan ($X per ton) and Malaysia ($X per ton), while the average price for exports to Afghanistan ($X per ton) and Sri Lanka ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into Pakistan

In 2022, overseas purchases of potatoes decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, saw a buoyant increase. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, potato imports fell slightly to $X in 2022. In general, imports, however, saw a strong increase. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of potato to Pakistan, accounting for a X% share of total imports. Moreover, potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Afghanistan (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Afghanistan (X% per year) and Germany (X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of potatoes to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average potato import price amounted to $X per ton, picking up by X% against the previous year. In general, the import price saw a resilient expansion. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform