Pakistan: Confectionery Market 2022

Confectionery Market Size in Pakistan

In 2021, after three years of growth, there was decline in the pakistani confectionery market, when its value decreased by -X% to $X market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period.Confectionery consumption peaked at $X in 2020, and then declined modestly in the following year.

Confectionery Production in Pakistan

In value terms, confectionery production dropped slightly to $X in 2021 estimated in export price.The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years.The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year.Confectionery production peaked at $X in 2020, and then shrank in the following year.

Confectionery Exports

Exports from Pakistan

In 2021, exports of confectionery from pakistan skyrocketed to X tons, increasing by X% on 2020.In general, total exports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports increased by +X% against 2016 indices.The growth pace was the most rapid in 2013 with an increase of X% against the previous year.Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, confectionery exports skyrocketed to $X in 2021.Over the period under review, total exports indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. the trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. based on 2021 figures, exports increased by +X% against 2018 indices.Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Afghanistan (X tons), Oman (X tons) and the United Arab Emirates (X tons) were the main destinations of confectionery exports from Pakistan, together accounting for X% of total exports. These countries were followed by Nigeria, Somalia, Kenya, Yemen, Mauritania, Guinea, Djibouti, the United States, South Africa and the UK, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Nigeria (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Afghanistan ($X) and Oman ($X) constituted the largest markets for confectionery exported from Pakistan worldwide, with a combined X% share of total exports. Somalia, yemen, the united states, nigeria, kenya, the uk, mauritania, south africa, djibouti and guinea lagged somewhat behind, together accounting for a further X, with a cagr of +X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average confectionery export price stood at $X per ton in 2021, picking up by X% against the previous year. In general, the export price, however, showed a pronounced decline. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Confectionery Imports

Imports into Pakistan

For the tenth year in a row, pakistan recorded growth in purchases abroad of confectionery, which increased by X% to X tons in 2021.Over the period under review, imports saw a prominent increase.The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year.Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, confectionery imports expanded notably to $X in 2021.In general, imports posted a buoyant expansion.The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year.Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Malaysia (X tons), Indonesia (X tons) and Australia (X tons) were the main suppliers of confectionery imports to Pakistan, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Australia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Malaysia ($X) and Australia ($X) were the largest confectionery suppliers to Pakistan, together accounting for X% of total imports.

Australia, with a cagr of +X%, saw 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 confectionery import price stood at $X per ton in 2021, rising by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Ghana ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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