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Pakistan - Refined Olive Oil - Market Analysis, Forecast, Size, Trends And Insights
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Pakistan: Refined Olive Oil Market Overview 2021

Refined Olive Oil Market Size in Pakistan

In 2019, the Pakistani refined olive oil market increased by X% to $X, rising for the fifth consecutive year after two years of decline. Over the period under review, the total consumption indicated pronounced growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Refined olive oil consumption peaked in 2019 and is likely to see gradual growth in the near future.

Refined Olive Oil Production in Pakistan

In value terms, refined olive oil production rose slightly to $X in 2019 estimated in export prices. Overall, the total production indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2014 indices. The growth pace was the most rapid in 2018 when the production volume increased by X% year-to-year. Refined olive oil production peaked in 2019 and is likely to see steady growth in the near future.

Refined Olive Oil Exports

Exports from Pakistan

In 2019, overseas shipments of refined olive oil increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, exports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, refined olive oil exports skyrocketed to $X in 2019. Overall, exports, however, saw a pronounced decrease. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Mozambique (X tonnes) was the main destination for refined olive oil exports from Pakistan, with a X% share of total exports. Moreover, refined olive oil exports to Mozambique exceeded the volume sent to the second major destination, Malaysia (X kg), threefold. The U.S. (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Mozambique was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (+X% per year) and the U.S. (-X% per year).

In value terms, Malaysia ($X) remains the key foreign market for refined olive oil exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Mozambique ($X), with a X% share of total exports. It was followed by Sri Lanka, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value to Malaysia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (X% per year) and Sri Lanka (-X% per year).

Export Prices by Country

The average refined olive oil export price stood at $X per tonne in 2019, with an increase of X% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices hit record highs in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Malaysia ($X per tonne), while the average price for exports to Kyrgyzstan ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Refined Olive Oil Imports

Imports into Pakistan

Refined olive oil imports into Pakistan soared to X tonnes in 2019, increasing by X% compared with the previous year's figure. Over the period under review, imports enjoyed a strong increase. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked in 2019 and are likely to continue growth in the near future.

In value terms, refined olive oil imports dropped to $X in 2019. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at $X in 2018, and then reduced in the following year.

Imports by Country

In 2019, Spain (X tonnes) constituted the largest refined olive oil supplier to Pakistan, with a X% share of total imports. Moreover, refined olive oil imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tonnes), sevenfold.

From 2007 to 2019, the average annual rate of growth in terms of volume from Spain amounted to +X%.

In value terms, Spain ($X) constituted the largest supplier of refined olive oil to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Spain amounted to +X%.

Import Prices by Country

The average refined olive oil import price stood at $X per tonne in 2019, with a decrease of -X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2018, and then shrank significantly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Spain totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil consumption in 2019 were China (672K tonnes), the U.S. (356K tonnes) and India (263K tonnes), together comprising 28% of global consumption. Spain, Japan, Indonesia, Germany, Russia, Brazil, Pakistan, Bangladesh, France and Italy lagged somewhat behind, together comprising a further 28%.
What are the largest producers of refined olive oil in the world?
+
The countries with the highest volumes of refined olive oil production in 2019 were China (664K tonnes), Spain (417K tonnes) and the U.S. (277K tonnes), together comprising 30% of global production. These countries were followed by India, Japan, Indonesia, Germany, Russia, Pakistan, Brazil, Italy, Bangladesh and France, which together accounted for a further 29%.
What are the leading suppliers of refined olive oil to Pakistan?
+
In value terms, Spain ($7.7M) constituted the largest supplier of refined olive oil to Pakistan, comprising 83% of total imports. The second position in the ranking was occupied by Italy ($1.3M), with a 14% share of total imports.
What are the leading importers of refined olive oil from Pakistan?
+
In value terms, Malaysia ($9.4K) remains the key foreign market for refined olive oil exports from Pakistan, comprising 79% of total exports. The second position in the ranking was occupied by Mozambique ($1.8K), with a 15% share of total exports. It was followed by Sri Lanka, with a 2.5% share.
What is the average export price for refined olive oil in Pakistan?
+
In 2019, the average refined olive oil export price amounted to $5,870 per tonne, jumping by 21% against the previous year.
What is the average import price for refined olive oil in Pakistan?
+
The average refined olive oil import price stood at $2,725 per tonne in 2019, dropping by -16.2% against the previous year.

Product coverage:
• Prodcom 10415310 - Refined olive oil and its fractions (excluding chemically modified)

This report provides an in-depth analysis of the refined olive oil market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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