Pakistan: Market for Jams, Jellies, Puree And Pastes 2024

Market Size for Jams, Jellies, Puree And Pastes in Pakistan

The Pakistani market for jams, jellies, puree and pastes rose markedly to $X in 2021, with an increase of 8.8% against the previous year. The market value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Jam, jelly, puree and paste consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Jams, Jellies, Puree And Pastes in Pakistan

In value terms, jam, jelly, puree and paste production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.8% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by 19%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Exports of Jams, Jellies, Puree And Pastes

Exports from Pakistan

After two years of growth, shipments abroad of jams, jellies, puree and pastes decreased by -14% to X tons in 2021. Over the period under review, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2016 with an increase of 58%. Over the period under review, the exports hit record highs at X tons in 2020, and then declined in the following year.

In value terms, jam, jelly, puree and paste exports shrank to $X in 2021. In general, exports, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2016 when exports increased by 55% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020, and then fell in the following year.

Exports by Country

The United States (X tons) was the main destination for jam, jelly, puree and paste exports from Pakistan, accounting for a 34% share of total exports. Moreover, jam, jelly, puree and paste exports to the United States exceeded the volume sent to the second major destination, Canada (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+15.4% per year) and the UK (+2.6% per year).

In value terms, the United States ($X) remains the key foreign market for jams, jellies, puree and pastes exports from Pakistan, comprising 39% of total exports. The second position in the ranking was taken by Canada ($X), with a 15% share of total exports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +19.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+18.3% per year) and the UK (+5.2% per year).

Export Prices by Country

The average export price for jams, jellies, puree and pastes stood at $X per ton in 2021, surging by 8.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2014 an increase of 15% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Saudi Arabia ($X per ton), while the average price for exports to the United Arab Emirates ($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 Saudi Arabia (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Jams, Jellies, Puree And Pastes

Imports into Pakistan

After two years of growth, purchases abroad of jams, jellies, puree and pastes decreased by -8.6% to X tons in 2021. Overall, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 152%. Over the period under review, imports reached the peak figure at X tons in 2020, and then fell in the following year.

In value terms, jam, jelly, puree and paste imports reduced sharply to $X in 2021. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 81%. Imports peaked at $X in 2020, and then reduced markedly in the following year.

Imports by Country

Greece (X tons), Iran (X tons) and Vietnam (X tons) were the main suppliers of jam, jelly, puree and paste imports to Pakistan, together comprising 62% of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +105.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Iran ($X) and Turkey ($X) were the largest jam, jelly, puree and paste suppliers to Pakistan, with a combined 77% share of total imports.

Among the main suppliers, Iran, with a CAGR of +82.0%, 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 import price for jams, jellies, puree and pastes amounted to $X per ton, dropping by -30.9% against the previous year. In general, the import price saw a abrupt setback. The growth pace was the most rapid in 2015 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained 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 Malaysia ($X per ton), while the price for Colombia ($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 States (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :