Pakistan: Breakfast Cereal Market 2022

Breakfast Cereal Market Size in Pakistan

The Pakistani breakfast cereal market fell to $X in 2021, with a decrease of -X% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Breakfast Cereal Production in Pakistan

In value terms, breakfast cereal production shrank to $X in 2021 estimated in export price. Overall, production continues to indicate a slight shrinkage. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Breakfast Cereal Exports

Exports from Pakistan

In 2021, approx. X tons of breakfast cereals were exported from Pakistan; increasing by X% against the previous year's figure. In general, exports, however, continue to indicate a deep contraction. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, breakfast cereal exports surged to $X in 2021. Overall, exports, however, continue to indicate a abrupt shrinkage. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and the United States (X tons) were the main destinations of breakfast cereal exports from Pakistan, together comprising X% of total exports. These countries were followed by Kuwait, Afghanistan, the UK, Oman, Canada, Bahrain, Qatar and the Netherlands, which together accounted for a further X 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X) remains the key foreign market for breakfast cereal exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Saudi Arabia stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-X% per year) and the United Arab Emirates (+X% per year).

Export Prices by Country

In 2021, the average breakfast cereal export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price, however, showed a mild descent. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($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 Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports

Imports into Pakistan

After four years of decline, purchases abroad of breakfast cereals increased by X% to X tons in 2021. Overall, imports, however, recorded a slight slump. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, breakfast cereal imports reached $X in 2021. Over the period under review, imports, however, saw a slight reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Malaysia (X tons), the UK (X tons) and the Philippines (X tons) were the main suppliers of breakfast cereal imports to Pakistan, with a combined X% share of total imports. These countries were followed by Turkey, China, Spain and France, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest breakfast cereal suppliers to Pakistan were Malaysia ($X), the UK ($X) and the Philippines ($X), with a combined X% share of total imports. These countries were followed by Turkey, Spain, France and China, which together accounted for a further X, with a CAGR of +X%, recorded 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 more modest paces of growth.

Import Prices by Country

In 2021, the average breakfast cereal import price amounted to $X per ton, waning by -X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Philippines ($X per ton), while the price for China ($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 more modest paces of growth.

Source: IndexBox Platform

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