Pakistan: Preserved Cows Meat Market 2024

Preserved Cows Meat Market Size in Pakistan

The Pakistani preserved cows meat market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption, however, posted a buoyant increase. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Preserved Cows Meat Production in Pakistan

In value terms, preserved cows meat production declined to $X in 2022 estimated in export price. Over the period under review, production, however, showed strong growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Preserved Cows Meat Exports

Exports from Pakistan

In 2022, approx. X tons of prepared or preserved meat or offal of bovine animals were exported from Pakistan; reducing by X% on 2021 figures. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved cows meat exports fell rapidly to $X in 2022. In general, exports faced a deep reduction. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Hong Kong SAR (X tons) and Japan (X tons) were the main destinations of preserved cows meat exports from Pakistan.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of X%).

In value terms, Japan ($X) emerged as the key foreign market for prepared or preserved meat or offal of bovine animals exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Japan stood at X%.

Export Prices by Country

In 2022, the average preserved cows meat export price amounted to $X per ton, remaining constant against the previous year. Overall, export price indicated prominent growth 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. Based on 2022 figures, preserved cows meat export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Hong Kong SAR stood at $X per ton.

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

Preserved Cows Meat Imports

Imports into Pakistan

Preserved cows meat imports into Pakistan declined to X tons in 2022, dropping by X% against the previous year. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, preserved cows meat imports declined markedly to $X in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Jordan (X tons) constituted the largest supplier of preserved cows meat to Pakistan, with a X% share of total imports. Moreover, preserved cows meat imports from Jordan exceeded the figures recorded by the second-largest supplier, Egypt (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Jordan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and the United Arab Emirates (X% per year).

In value terms, Jordan ($X) constituted the largest supplier of prepared or preserved meat or offal of bovine animals to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.

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

Import Prices by Country

In 2022, the average preserved cows meat import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price continues to indicate a noticeable slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Jordan ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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