Pakistan: Market for Powdered, Condensed Or Evaporated Milk 2024

Market Size for Powdered, Condensed Or Evaporated Milk in Pakistan

The Pakistani market for powdered, condensed or evaporated milk shrank significantly to $X in 2022, waning by X% against the previous year. In general, consumption showed a noticeable decline. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Powdered, Condensed Or Evaporated Milk in Pakistan

In value terms, powdered, condensed or evaporated milk production soared to $X in 2022 estimated in export price. In general, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Exports of Powdered, Condensed Or Evaporated Milk

Exports from Pakistan

In 2022, shipments abroad of powdered, condensed or evaporated milk was finally on the rise to reach X tons after five years of decline. In general, exports, however, recorded a abrupt contraction. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk exports soared to $X in 2022. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for powdered, condensed or evaporated milk exports from Pakistan, with a X% share of total exports. Moreover, powdered, condensed or evaporated milk exports to the United Arab Emirates exceeded the volume sent to the second major destination, Afghanistan (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United Arab Emirates amounted to X%.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for powdered, condensed or evaporated milk exports from Pakistan, comprising X% of total exports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates totaled X%.

Export Prices by Country

In 2022, the average export price for powdered, condensed or evaporated milk amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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 Afghanistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Imports of Powdered, Condensed Or Evaporated Milk

Imports into Pakistan

For the third consecutive year, Pakistan recorded decline in overseas purchases of powdered, condensed or evaporated milk, which decreased by X% to X tons in 2022. In general, imports recorded a deep reduction. The pace of growth was the most pronounced in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, powdered, condensed or evaporated milk imports contracted to $X in 2022. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2014 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United Arab Emirates (X tons) was the main powdered, condensed or evaporated milk supplier to Pakistan, accounting for a X% share of total imports. It was followed by Germany (X tons), with a X% share of total imports. The third position in this ranking was taken by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of powdered, condensed or evaporated milk to Pakistan, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the United Arab Emirates stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average import price for powdered, condensed or evaporated milk amounted to $X per ton, waning by X% against the previous year. Overall, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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