Pakistan: Shelled Walnut Market 2024

Shelled Walnut Market Size in Pakistan

The Pakistani shelled walnut market dropped to $X in 2022, waning by X% against the previous year. Overall, consumption, however, posted a strong increase. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Shelled Walnut Production in Pakistan

In value terms, shelled walnut production declined to $X in 2022 estimated in export price. In general, production continues to indicate prominent growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Shelled Walnut Exports

Exports from Pakistan

Shelled walnut exports from Pakistan rose rapidly to X tons in 2022, growing by X% on 2021. Overall, exports, however, saw a deep contraction. 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 attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, shelled walnut exports reached $X in 2022. In general, exports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

China (X tons) was the main destination for shelled walnut exports from Pakistan, with a X% share of total exports. Moreover, shelled walnut exports to China exceeded the volume sent to the second major destination, Algeria (X tons), twofold. The third position in this ranking was held by Iraq (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Algeria (X% per year) and Iraq (X% per year).

In value terms, the largest markets for shelled walnut exported from Pakistan were China ($X), Algeria ($X) and Iraq ($X), together accounting for X% of total exports.

In terms of the main countries of destination, China, 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 more modest paces of growth.

Export Prices by Country

In 2022, the average shelled walnut export price amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average 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 Iraq ($X per ton), while the average price for exports to China ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Walnut Imports

Imports into Pakistan

In 2022, after two years of growth, there was significant decline in supplies from abroad of shelled walnuts, when their volume decreased by X% to X tons. Overall, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then contracted dramatically in the following year.

In value terms, shelled walnut imports fell notably to $X in 2022. Over the period under review, imports, however, saw a mild increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest shelled walnut supplier to Pakistan, accounting for a X% share of total imports. Moreover, shelled walnut imports from China exceeded the figures recorded by the second-largest supplier, Afghanistan (X tons), eightfold. The United Arab Emirates (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, China ($X) constituted the largest supplier of shelled walnuts to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with an X% share.

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

Import Prices by Country

In 2022, the average shelled walnut import price amounted to $X per ton, reducing by X% against the previous year. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Afghanistan ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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