Pakistan: Market for Pasta Stuffed With Meat, Fish and Cheese 2024

Market Size for Pasta Stuffed With Meat, Fish and Cheese in Pakistan

The Pakistani market for pasta stuffed with meat, fish and cheese rose significantly to $X in 2022, surging by 8.4% against the previous year. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Pasta Stuffed With Meat, Fish and Cheese in Pakistan

In value terms, meat, fish or cheese pasta production rose remarkably to $X in 2022 estimated in export price. Overall, production recorded a remarkable increase. The pace of growth appeared the most rapid in 2015 when the production volume increased by 51%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Pasta Stuffed With Meat, Fish and Cheese

Exports from Pakistan

In 2022, exports of pasta stuffed with meat, fish and cheese from Pakistan contracted notably to X tons, reducing by -42.5% compared with the previous year. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 481% against the previous year. As a result, the exports attained the peak of X tons, and then fell dramatically in the following year.

In value terms, meat, fish or cheese pasta exports plummeted to $X in 2022. In general, exports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 424%. As a result, the exports reached the peak of $X, and then declined sharply in the following year.

Exports by Country

Germany (X tons) was the main destination for meat, fish or cheese pasta exports from Pakistan, accounting for a 27% share of total exports. Moreover, meat, fish or cheese pasta exports to Germany exceeded the volume sent to the second major destination, Japan (X tons), threefold. South Korea (X tons) ranked third in terms of total exports with an 8.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +58.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+32.5% per year) and South Korea (+22.2% per year).

In value terms, the United Arab Emirates ($X), Germany ($X) and Japan ($X) appeared to be the largest markets for meat, fish or cheese pasta exported from Pakistan worldwide, together accounting for 52% of total exports. South Korea, Italy, Qatar, Oman, Afghanistan, Hong Kong SAR, Kenya, the Netherlands, the UK and Fiji lagged somewhat behind, together accounting for a further 38%.

Among the main countries of destination, Kenya, with a CAGR of +73.5%, saw 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 export price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, growing by 3.5% against the previous year. In general, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, meat, fish or cheese pasta export price decreased by -6.5% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 28%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Kenya ($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 Qatar (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Pasta Stuffed With Meat, Fish and Cheese

Imports into Pakistan

In 2022, purchases abroad of pasta stuffed with meat, fish and cheese decreased by -24.5% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 3,431% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, meat, fish or cheese pasta imports dropped sharply to $X in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2014 when imports increased by 4,771%. Imports peaked at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, Iran (X tons) constituted the largest supplier of meat, fish or cheese pasta to Pakistan, accounting for a 87% share of total imports. Moreover, meat, fish or cheese pasta imports from Iran exceeded the figures recorded by the second-largest supplier, Thailand (X tons), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Iran amounted to +57.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+78.1% per year) and Italy (+82.2% per year).

In value terms, Iran ($X) constituted the largest supplier of pasta stuffed with meat, fish and cheese to Pakistan, comprising 71% of total imports. The second position in the ranking was taken by Thailand ($X), with an 18% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Iran totaled +83.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+116.0% per year) and Italy (+136.7% per year).

Import Prices by Country

The average import price for pasta stuffed with meat, fish and cheese stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price showed strong growth. The growth pace was the most rapid in 2019 an increase of 60% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average 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 Italy ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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