Pakistan: Poultry Market 2024

Poultry Market Size in Pakistan

The Pakistani poultry market reduced to $X in 2022, dropping by X% against the previous year. The market value 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. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Poultry Production in Pakistan

In value terms, poultry production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a pronounced curtailment. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

The average yield of poultry in Pakistan stood at X kg per head in 2022, approximately mirroring 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The poultry yield peaked in 2022 and is likely to see gradual growth in the immediate term.

In 2022, the number of animals slaughtered for poultry production in Pakistan contracted slightly to X heads, declining by X% on the previous year's figure. Overall, the number of producing animals, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The number of animals slaughtered for poultry production peaked at X heads in 2021, and then contracted slightly in the following year.

Poultry Exports

Exports from Pakistan

In 2022, the amount of poultry exported from Pakistan reduced sharply to X tons, dropping by X% on 2021 figures. In general, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry exports contracted notably to $X in 2022. Over the period under review, exports saw a abrupt decline. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam (X tons), Hong Kong SAR (X tons) and Thailand (X tons) were the main destinations of poultry exports from Pakistan, with a combined X% share of total exports. These countries were followed by the United Arab Emirates, which accounted for 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 the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X), Vietnam ($X) and Thailand ($X) were the largest markets for poultry exported from Pakistan worldwide, together comprising X% of total exports. The United Arab Emirates lagged somewhat behind, comprising a further X%.

In terms of the main countries of destination, the United Arab Emirates, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average poultry export price amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, recorded a deep slump. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (X%), while the prices for the other major destinations experienced a decline.

Poultry Imports

Imports into Pakistan

In 2022, poultry imports into Pakistan contracted dramatically to X tons, dropping by X% against 2021. In general, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, poultry imports surged to $X in 2022. Over the period under review, imports saw a dramatic setback. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest poultry supplier to Pakistan, accounting for a X% share of total imports. Moreover, poultry imports from the United States exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. Iran (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

In value terms, the United Arab Emirates ($X), Iran ($X) and Japan ($X) were the largest poultry suppliers to Pakistan, together comprising X% of total imports. Turkey, the United States and Brazil lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average poultry import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price 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. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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