Pakistan: Frozen Salmonoids Market 2022

Frozen Salmonoids Market Size in Pakistan

In 2020, the Pakistani frozen salmonoids market increased by X% to $X for the first time since 2015, thus ending a four-year declining trend. Overall, consumption continues to indicate a notable expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Frozen Salmonoids Production in Pakistan

In value terms, frozen salmonoids production rose notably to $X in 2020 estimated in export prices. Over the period under review, production showed a temperate increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% against the previous year. Frozen salmonoids production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Frozen Salmonoids Exports

Exports from Pakistan

After seven years of growth, shipments abroad of frozen salmonoids decreased by -X% to X tons in 2020. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tons in 2019, and then dropped significantly in the following year.

In value terms, frozen salmonoids exports dropped rapidly to $X in 2020. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then dropped dramatically in the following year.

Exports by Country

Thailand (X tons), China (X tons) and Vietnam (X tons) were the main destinations of frozen salmonoids exports from Pakistan, with a combined X% share of total exports. Malaysia, South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Taiwan (Chinese), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen salmonoids exported from Pakistan were Thailand ($X), China ($X) and Vietnam ($X), together comprising X% of total exports. These countries were followed by Malaysia, South Korea and Taiwan (Chinese), which together accounted for a further X terms of the main countries of destination, Malaysia (+X% per year) recorded the highest growth rate of 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

The average frozen salmonoids export price stood at $X per ton in 2020, rising by X% against the previous year. Over the period under review, the export price saw a notable expansion. The growth pace was the most rapid in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Thailand ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Salmonoids Imports

Imports into Pakistan

After two years of decline, supplies from abroad of frozen salmonoids decreased by X% to X kg in 2020. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. As a result, imports reached the peak of X tons. from 2014 to 2020, the growth imports remained at a lower figure.

In value terms, frozen salmonoids imports stood at $X in 2020. In general, imports saw a slight downturn. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. from 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, Thailand (X kg) constituted the largest frozen salmonoids supplier to Pakistan, accounting for a X% share of total imports. Moreover, frozen salmonoids imports from Thailand exceeded the figures recorded by the second-largest supplier, Japan (X kg), threefold.

From 2007 to 2020, the average annual growth rate of volume from Thailand amounted to +X%.

In value terms, Japan ($X) and Thailand ($X) constituted the largest frozen salmonoids suppliers to Pakistan.

Thailand recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2020, the average frozen salmonoids import price amounted to $X per ton, approximately mirroring the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2012 an increase of X% year-to-year. Over the period under review, average import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while the price for Thailand totaled $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan.

Source: IndexBox Platform

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