Pakistan: Market for Rape Or Colza Seed 2024

Market Size for Rape Or Colza Seed in Pakistan

The Pakistani rape and colza seed market reduced sharply to $X in 2022, which is down by X% against the previous year. In general, consumption saw a pronounced decline. Over the period under review, the market reached the peak level at $X in 2021, and then shrank sharply in the following year.

Production of Rape Or Colza Seed in Pakistan

In value terms, rape and colza seed production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Rape and colza seed production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of rape or colza seed in Pakistan dropped modestly to X tons per ha, standing approx. at the year before. Overall, the yield indicated a moderate increase 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, rape and colza seed yield increased by X% against 2014 indices. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the average rape and colza seed yield reached the maximum level at X tons per ha in 2021, and then contracted slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The rape and colza seed harvested area in Pakistan amounted to X ha in 2022, remaining relatively unchanged against 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2020 to 2022, the growth of the rape and colza seed harvested area failed to regain momentum.

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Exports of Rape Or Colza Seed

Exports from Pakistan

In 2018, overseas shipments of rape or colza seed decreased by X% to X kg, falling for the fifth consecutive year after two years of growth. In general, exports continue to indicate a significant decrease. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2018, the growth of the exports failed to regain momentum.

In value terms, rape and colza seed exports plummeted to $X in 2018. Overall, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2018, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Kuwait (X kg) was the main destination for rape and colza seed exports from Pakistan, with a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Kuwait totaled X%.

In value terms, Kuwait ($X) also remains the key foreign market for rape or colza seed exports from Pakistan.

From 2012 to 2018, the average annual growth rate of value to Kuwait amounted to X%.

Export Prices by Country

In 2018, the average rape and colza seed export price amounted to $X per ton, jumping by X% against the previous year. In general, the export price showed a significant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked in 2018 and is likely to continue growth in years to come.

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

From 2012 to 2018, the rate of growth in terms of prices for China amounted to X% per year.

Imports of Rape Or Colza Seed

Imports into Pakistan

In 2022, the amount of rape or colza seed imported into Pakistan contracted markedly to X tons, shrinking by X% on 2021 figures. In general, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, rape and colza seed imports shrank dramatically to $X in 2022. Over the period under review, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Canada (X tons), Australia (X tons) and Romania (X tons) were the main suppliers of rape and colza seed imports to Pakistan, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Romania (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest rape and colza seed suppliers to Pakistan were Australia ($X), Romania ($X) and Canada ($X), with a combined X% share of total imports.

Romania, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average rape and colza seed import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated a notable 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. Based on 2022 figures, rape and colza seed import price increased by X% against 2020 indices. 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 Romania ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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