Report Update Nov 1, 2024

Pakistan - Anchovies (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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Pakistan: Preserved Anchovies Market 2024

Preserved Anchovies Market Size in Pakistan

In 2021, after five years of growth, there was significant decline in the Pakistani preserved anchovies market, when its value decreased by -7.4% to $X. In general, consumption, however, enjoyed noticeable growth. Over the period under review, the market attained the peak level at $X in 2020, and then declined in the following year.

Preserved Anchovies Production in Pakistan

In value terms, preserved anchovies production declined to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible expansion. The pace of growth appeared the most rapid in 2017 with an increase of 32%. Preserved anchovies production peaked at $X in 2020, and then contracted in the following year.

Preserved Anchovies Exports

Exports from Pakistan

In 2021, exports of anchovies (prepared or preserved) from Pakistan amounted to X kg, remaining stable against 2020 figures. In general, exports recorded a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, preserved anchovies exports stood at $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Canada (X kg) was the main destination for preserved anchovies exports from Pakistan, with a approx. 100% share of total exports.

From 2021 to 2021, the average annual growth rate of volume to Canada was relatively modest.

From 2021 to 2021, the average annual growth rate of value to Canada was relatively modest.

Preserved Anchovies Imports

Imports into Pakistan

In 2021, overseas purchases of anchovies (prepared or preserved) increased by 767% to X kg, rising for the fourth year in a row after two years of decline. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved anchovies imports surged to $X in 2021. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates (X kg), South Korea (X kg) and Spain (X kg) were the main suppliers of preserved anchovies imports to Pakistan, with a combined 99% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +69.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved anchovies suppliers to Pakistan were the United Arab Emirates ($X), South Korea ($X) and Spain ($X), together comprising 100% of total imports.

Among the main suppliers, the United Arab Emirates, with a CAGR of +77.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved anchovies import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price recorded resilient growth. The pace of growth was the most pronounced in 2015 an increase of 134%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies consumption in 2021 were China, the United States and India, together comprising 27% of global consumption. Japan, Pakistan, Germany, Brazil, Russia, Indonesia, Nigeria, Italy, the UK and Bangladesh lagged somewhat behind, together comprising a further 26%.

What are the largest producers of anchovies (prepared or preserved) in the world?

The countries with the highest volumes of preserved anchovies production in 2021 were China, the United States and India, together accounting for 27% of global production. Japan, Pakistan, Brazil, Germany, Russia, Indonesia, Nigeria, Bangladesh, the UK and Mexico lagged somewhat behind, together accounting for a further 26%.

What are the leading suppliers of anchovies (prepared or preserved) to Pakistan?

In value terms, South Korea $316), the United Arab Emirates $206) and Spain $3) constituted the largest preserved anchovies suppliers to Pakistan, with a combined 100% share of total imports.

What is the average import price for anchovies (prepared or preserved) in Pakistan?

The average preserved anchovies import price stood at $8,767 per ton in 2021, increasing by 2.9% against the previous year.

This report provides an in-depth analysis of the preserved anchovies 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 2030.

Product coverage:

Prodcom 10202560 - Prepared or preserved anchovies, whole or in pieces (excluding minced products and prepared meals and dishes)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023