Pakistan: Cereal Market 2025

Cereal Market Size in Pakistan

After three years of growth, the Pakistani cereal market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Cereal Production in Pakistan

In value terms, cereal production totaled $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced setback. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average cereal yield in Pakistan declined slightly to X tons per ha, which is down by X% against the year before. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the average cereal yield reached the peak level at X tons per ha in 2021, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of cereals in Pakistan declined modestly to X ha, with a decrease of X% compared with the previous year. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X%. The cereal harvested area peaked at X ha in 2021, and then shrank in the following year.

Cereal Exports

Exports from Pakistan

In 2022, overseas shipments of cereals increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, cereal exports skyrocketed to $X in 2022. In general, exports posted strong growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for cereal exports from Pakistan, with a X% share of total exports. Moreover, cereal exports to Vietnam exceeded the volume sent to the second major destination, Malaysia (X tons), twofold. The third position in this ranking was taken by Oman (X tons), with a X% share.

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

In value terms, Vietnam ($X) remains the key foreign market for cereals exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Malaysia ($X), with a X% share of total exports. It was followed by Oman, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malaysia (X% per year) and Oman (X% per year).

Export Prices by Country

The average cereal export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price showed a mild expansion. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sri Lanka ($X per ton), while the average price for exports to Afghanistan ($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 Sri Lanka (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Imports

Imports into Pakistan

In 2022, after two years of growth, there was significant decline in purchases abroad of cereals, when their volume decreased by X% to X tons. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then shrank in the following year.

In value terms, cereal imports surged to $X in 2022. In general, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports by Country

Russia (X tons), Ukraine (X tons) and Romania (X tons) were the main suppliers of cereal imports to Pakistan, with a combined X% share of total imports. France, Bulgaria, Brazil, Australia and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bulgaria (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cereal suppliers to Pakistan were Russia ($X), Ukraine ($X) and Romania ($X), with a combined X% share of total imports. France, Bulgaria, Brazil, the United States and Australia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Bulgaria, with a CAGR of X%, saw the highest rates of growth with regard to 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 2022, the average cereal import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :